People sometimes have concerns about leaving an inheritance to a particular child or other beneficiary. They may be worried about this person’s ability to handle it wisely, whether due to age or responsible capacity. Phelps LaClair, with offices in Gilbert and Scottsdale Arizona, has years...
Trail running gives your muscles, tendons and ligaments a different workout than running on a treadmill. Being out in nature, letting stress roll off your shoulders, and conquering the winding trails and varied terrain can be quite exhilarating. It gives your mind a break from...
When it comes to legal paperwork, it can be a daunting task if you are trying to do it alone. There are many good reasons to do your legal planning with a qualified lawyer, and one of them is to avoid common misconceptions about living...
There is nothing easy about divorce. It can be painful, messy and financially devastating. Divorce can be especially difficult when it comes to a long-term couple. Dividing up assets and your estate for future planning or retirement can be a difficult process following divorce. Entering...
It is easy to let one area of our lives become our dominant focus, whether that is career, family, or adventure. The problem with letting one aspect of our lives constantly take center state is that the other areas of our life will ultimately suffer....
If somebody contests your trust or will after you die, it can derail your final wishes, rapidly deplete your estate with unnecessary court costs and attorney fees, and worst of all tear your loved ones apart. But with proper estate planning, you can help your...
Estate planning is an essential life task that will enable you to have the peace of mind of being certain that if you unexpectedly die or become incapacitated, your loved ones will be taken care of. Without proper planning, your loved ones will not only...
Should your vehicle be in your living trust? A living trust gives you more control over the distribution of your assets when you're gone. But sometimes, determining which assets to include in your living trust can be confusing. Fortunately, the Phelps LaClair team can help...
Over 95 million people in America are now a part of some sort of step-relationship. Being divorced and remarried is a common occurrence in our society, and with this comes the need for special planning to best protect assets. A blended family frequently has to...
When we are planning for the future, having a plan in place is imperative. Setting up your strategic estate plan is a great first step, but it is also important to regularly update your plan. As years pass, situations and circumstances may change our thoughts...