The number one question people ask about estate planning is: Where do I start? For most people, the estate planning process doesn't come easily. Not only do they have to think about what happens after they die, they also have to deal with complicated legal and...
If you have keepsakes or family heirlooms that you've put away, it's important to document them now rather than later. In fact, documenting your family heirlooms is an important part of the estate planning process. Because estate planning isn't only about financial matters—it's also about...
Putting a bank account in a trust is one of the smartest estate planning steps you can take to protect your assets and simplify the inheritance process for your loved ones. After creating a revocable living trust, it’s crucial to fund it by retitling your...
In the past two months, we have spoken with a number of new and former clients concerned about the coronavirus. Phelps LaClair is a premier estate planning law firm in the Phoenix Metro area. We are well acquainted with folks who want a solid estate...
Phelps LaClair is a premier estate planning law firm in the Phoenix Metro area. We are well acquainted with folks who want a solid estate plan. But they also feel an urgency to get it done quickly at this time. We understand that. And we...
We live much of our lives online these days. From account passwords and photo libraries to cryptocurrency wallets and NFTs, almost everyone holds a few digital assets. However, digital assets often get overlooked in traditional estate plans. Without clear instructions, your loved ones could be left...
Estate planning is about protecting everything you’ve worked so hard to build. Whether you’re planning for your own retirement or helping an aging parent explore their options, don’t forget to include a plan for long-term care. Many people who make this mistake end up losing...
Creating an estate plan is one of the most crucial steps you can take to safeguard your family, assets, and wishes. However, even a well-structured estate plan can be contested in court if a disgruntled heir or beneficiary decides to challenge it. While no estate...
When it comes to estate planning, millennials are well ahead of the game. Many have been assisting their parents with the estate planning process, and others have even started setting up their own estate plans. It’s never too late or too early to get started—life...
As we enter the beginning of a new year, many people are making plans for the future. If you’re setting any New Year’s resolutions, estate planning should be at the top of your list. A sound estate plan is crucial in easing the burden for...