Let’s face it: as much as popular culture would like to deny it, our bodies age. When we’re young and raising families, we’ve got loads of energy and stamina, especially if we also have a robust exercise regime. But as we grow older, our physical...
Teaching your children about money is an essential part of parenting. In an age where credit card offers are prolific, and prohibitively high interest rates can lead to spiraling debt cycles, the training that children (or grandchildren) receive about money can make or break their...
In our last blog post, we discussed several important factors to consider in regard to Long-Term Care Insurance (LTCI). It’s one viable choice for being ready, in the event that you or your spouse should ever need long-term care in the form of custodial care...
As an estate planning firm, Phelps LaClair (serving the greater Phoenix metropolitan area), has much to say about planning ahead. In America, we plan for a career by pursuing a good education; or we save money for a downpayment in order to purchase a home....
There are many kinds of trusts, and sorting through which one is right for your estate plan can feel a little like trying to figure out the best car to buy among the more than 240 models available in the United States. Fortunately, there are...
If you’re new to estate planning, you may feel a bit of confusion about some of the words and labels used to a describe the different options available to you. Don’t worry, you’re not alone. At Phelps LaClair, located in Phoenix, Chandler, and Mesa Arizona,...
Phelps LaClair, serving the Phoenix Valley, is an estate planning firm with experience in tax law and elder care law. We understand the ins and outs of Arizona law as it relates to each of these areas, and we know how to help you create...
Your estate plan and your long-term care plan MUST work together. Why? Before we answer that question, we’ll start by briefly explaining the major factors involved in setting up each plan. We’re Phelps LaClair, located in Chandler, Mesa, and Phoenix Arizona. As an estate planning...
In Phoenix Arizona during the summertime, the temperatures can soar. The hottest temperature ever recorded in our fair city was on June 26, 1990. On that day, the thermometer peaked at a sweltering 122 degrees Fahrenheit! As a second generation, estate planning law firm in...
Having transparent conversations with your adult children about your estate plan is difficult enough without the complication of divorce or remarriage. And if there are stepchildren involved, maintaining healthy relationships while planning for the future can be even more challenging. At Phelps LaClair, serving Scottsdale...