Estate Planning Blog

During the 40-plus years that Phelps LaClair has been designing and implementing Arizona Living Trusts, our real life experience has proven that a Living Trust is not just a bunch of words on paper; rather, a Living Trust is a critical tool that makes the...

Asset Protection is something that anyone with significant assets needs to consider. We live in a time when many Americans believe that they have the right to sue anyone at any time for any reason: nearly $300 billion in lawsuits is filed in this country...

Decisions, decisions, decisions. Sometimes decisions are easy: two scoops instead of one, for example. Easy. But there are lots of decisions, especially in estate planning, that take a little more thought. One of the most important decisions you’ll make is selecting who will make decisions...

Over 25 years ago, Phelps LaClair founder Stephen Phelps decided that he would take advantage of the warm Arizona climate and try his hand at planting citrus trees. Well, try he did, and he soon had 30 citrus trees in his backyard! That may seem like...

A lot can change in three years. Just ask an iPhone salesman. And just as most millennials can't fathom carrying around the same phone for three years, you shouldn't consider keeping the same trust for any longer than that. You probably already know that among the...

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