- Estate Planning Blog -

Trusts and LLCs
Trusts and LLCs

Which are the best vehicles for estate planning: living trusts or limited liability corporations? Phelps LaClair has prepared thousands of estate plans for our clients in the Phoenix Valley. We can say with certainty that there is no “one size fits all” estate plan. Some...

ok boomer
OK, Boomer!

Boomers OK, Boomers—it’s time to consider some wisdom from Phelps LaClair! Popular culture would have us believe that life is a never-ending party. As a second generation estate planning law firm serving Chandler, Mesa, Phoenix and Scottsdale, we know that you need an estate plan. Because...

what is a living will?
What Is a Living Will?

  Failing to plan is planning to fail. That may seem over the top, but if you don’t have a life plan in place, you are at the mercy of circumstance. If you are one of our clients, you already know that your estate plan is...

geriatric care manager
Geriatric Care Managers

Long-term care planning is one of the key parts of a successful estate plan. Elder care is one component of long-term care planning. You may be far from retirement age, but it is never too soon to begin to consider what should happen if your...

golfing in Phoenix
Fore!

  The Waste Management Phoenix Open is right around the corner. It is one of the best events on the PGA Tour, played on one of the most interesting courses in the world. It’s four days of fun in the sun and it’s right here in...

trust distribution
Trust Distribution

At Phelps LaClair, we are often asked how long it takes for a trust to be distributed. In our experience as a second generation law firm, we know that the general rule is to have the trust distributed within a reasonable time. But what does...

new year's resolutions
New Year’s Resolutions

At Phelps LaClair, we think it’s a perfect time to make some estate planning New Year’s resolutions. The holidays are over and the credit card bills haven’t yet arrived. The pressure is off for now, so it’s the perfect time to better plan for 2020...

DIY estate planning
DIY Estate Planning

Planning a trip to Lowe’s or Home Depot for the next project is always fun for the hobbyist in the family. You make your plans on paper and make a list of materials you need, then you head off to the forest of possibilities. It’s...

winter sports
Winter Sports Programs

Phelps LaClair is an avid believer in sports participation when it comes to creating a long, healthy and satisfying life. We love to stay active, and we find that there are benefits for every age group, even into the “golden years.” In the Phoenix Metro...

secure act
The SECURE Act

A bill has been passed by both houses of Congress that could impact the tax liability of any retirement funds that you pass on to your heirs. At Phelps LaClair in Chandler, Mesa, Phoenix and Scottsdale, the estate plans we write are designed to maximize...