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...
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...
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...
Our clients at Phelps LaClair, a 2nd generation estate planning law firm serving Chandler, Mesa, Phoenix and Scottsdale, have spent their lives putting together estates to leave to their heirs. As the autumn of their years approaches, they want to know the advantages of moving...
With an aging population in the US, guardianship of elder parents has become a pressing matter. Phelps LaClair serves Chandler, Mesa, Phoenix and Scottsdale. We understand that there are practical, medical, financial, and emotional elements to elderly parent guardianship. We have helped thousands of clients...
You’ve begun taking steps toward planning your estate. And rather than creating a will, you’ve decided to establish a trust fund, which, if funded properly, will enable your assets to be privately distributed to your loved ones without the delay or expense of probate court....
As we approach the end of the decade, we look forward to what the 2020s will bring. One thing is certain: the gift and estate tax exemption is going to change. At Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale, we understand that moving targets...
Why Do You Need a Revocable Trust? “Where there’s a will, there’s a way” is an oft-quoted saying that means if you want something badly enough, you will go to extraordinary lengths to get it. At Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale, the saying...
Everybody needs an estate plan! In today’s internet culture, it’s very tempting to try to write your own. Because Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale has been in business for 40 years, we know how challenging it can be to write an estate...
At Phelps LaClair, with offices in Chandler, Mesa, Phoenix and Scottsdale, we know that every generation has specific concerns and values that need to be addressed with custom, well-designed estate plans. We recently posted an article on estate planning for millennials. In that blog post,...