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...
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...
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...
As estate planning attorneys serving the Phoenix AZ Valley, we’ve had many conversations with families about finances. We’re a law firm that has been around since the early 1980s, so we’ve also had the opportunity to help succeeding generations plan their estates. At Phelps LaClair,...
In a recent blog post, we discussed the importance of naming a financial durable power of attorney to act on your behalf in the decision-making process. That person is given legal authority to carry out any financial directives in your stead, should you become incapacitated...
Estate plans. You’re old enough to know they’re important. And for a while now, you’ve had that nagging thought in the back of your mind that it’s time to take steps and establish a plan for your financial future. But you don’t know what to...
The Golden Years are those years when you’ve retired from the workforce, and you’re finally able to do what you desire: putter in the garage, plant a garden, take sightseeing trips, spend time with your grandkids, along with a host of other possibilities. During your...
As we age, we all understand the importance of taking time for a yearly medical checkup with our doctor. We also know biannual dental checkups are vital in helping to prevent tooth decay, so our teeth can remain healthy for the duration of our lives....
At Phelps LaClair, located in Phoenix, Chandler, and Mesa, AZ, we specialize in estate planning. For some, that includes special needs planning. A Special Needs Trusts is valuable if you’ve got a disabled child, or if you desire to name a disabled person as your...
We love our work. You might say it’s in our genes, since we’re a second generation estate planning firm. Stephen Phelps started our firm and was a friend to his clients, known for his wisdom and his good sense of humor. Today, James Phelps and...