It’s never an easy discussion, but it’s a necessary one. The best way to ensure that your last wishes are honored when the time comes is to communicate them to your loved ones. Talking to your spouse, domestic partner, or other loved ones about your...
Choosing the right executor for your will is one of the most important parts of an estate plan. But what happens if you or your executor move to another state? Do you need to draft a new will? Can you have an out-of-state executor? Here’s...
There are many reasons you might need to change your power of attorney. You might fall out of touch with that person, they may no longer be a suitable choice, or you might simply change your mind. Luckily, your power of attorney can easily be...
Have you drafted your will yet? If you have one, when was the last time you made an update? Many factors can invalidate a will, such as moving to a new state or changes in state laws. Whether you still need to draft your first...
Whether you’re planning your own estate or settling a loved one’s, it’s important to understand how probate works. At Phelps LaClair, we help Arizona families design successful estate plans and smoothly administer their loved ones’ estates. We put together this guide to formal vs. informal...
Trusts aren’t just for the wealthy, they’re for anyone looking to save their family time and money after they pass away. There are many reasons for creating a trust, from controlling the distribution of your assets to protecting loved ones with disabilities. At Phelps LaClair,...
Being a first responder is a high-risk job, so it’s important to plan for your family’s future in the event that something happens to you in the line of duty. At Phelps LaClair, we’re grateful for everything that our local first responders do for our...
When you move to a new state, there are many important things you need to update, like your driver’s license and your voter’s registration. But one thing that people often forget to update after a move is their estate plan. Although out-of-state wills typically are valid...
At Phelps LaClair, we like to say that failing to plan is planning to fail. This is especially true when emergencies happen. As estate planners, we take your interests to heart because you are the heart of our business. We do everything in our power...
COVID-19 is an evolving and rapidly changing health crisis, as we all know. The people most at risk from serious health effects are the elderly. Many of these vulnerable people will need long-term care. At Phelps LaClair, we have long advocated for long-term care solutions...