In this time of the COVID-19 crisis, many people are asking what will happen to their families if they become sick. Phelps LaClair has been in the estate planning business for forty years. In our time of serving Chandler, Mesa, Phoenix and Scottsdale, we can...
If you have a large estate or die without a will, your estate will go through probate after you pass. This court process can be overwhelming for your loved ones and create conflict regarding distribution. Whether you’re administering a loved one’s estate or getting your...
Whether you’re single or in a relationship, everyone needs an estate plan to provide them with peace of mind about the future. However, unmarried couples in particular face some unique challenges, because they don’t have the same legal protections as married couples. If you would...
Each year as the holidays approach, we treasure the joy of celebrating with our extended relatives and our immediate family members. It's a time to reflect on the richness of family as we consider the past and look to the future. In order to assure...
As a business owner, your company is an important part of your legacy. You've devoted your life to establishing and maintaining a solid, sustainable business. Naturally, you want your business to remain in good hands. At Phelps LaClair, serving the Phoenix Valley, we care as...
Even if you don’t have close blood relatives, a spouse, or dependents, it’s still important to write a will and create an estate plan. You deserve the right to decide what happens to your assets after you pass. Without making your wishes known, your estate...
Choosing a beneficiary for your 401K is an important decision. Even though retirement accounts do not have to go through probate, they can still be subject to taxes and fees. And when it comes to inheriting a 401K account, different rules apply for charities, spouses,...
Cryptocurrency saw a huge surge in popularity a few years ago. Celebrities were promoting it in commercials, and suddenly it seemed like everyone was investing. However, it's still a fairly new phenomenon, so people naturally have a lot of concerns when it comes to leaving...
In this digital age, almost everyone has at least one Facebook page. Whether you joined to share pictures of your grandchildren, to promote your business online, or you've had an account ever since the site exploded in 2009, you need to think about what will...
Starting conversations about things like inheritance and end-of-life decisions can be very difficult. However, it’s important to discuss these topics with your parents sooner rather than later. The decisions they make now will significantly impact your life in the future. By making sure they have...