Living Will Category Archives | Page 2 of 8

24 Dec How to Spread Holiday Cheer All Year

Posted at 08:00h in Asset Protection, Estate Planning, Living Trusts, Living Will, Power of Attorney by Phelps LaClair Law

Holidays are a time for joy, laughter, pretty lights, great decorations, and delicious food. We gather with friends and family, we connect with past acquaintances, we enjoy festivities and special events. And in the middle of all the activities that go along with holiday seasons,...

25 Sep COVID-19 and Nursing Homes

Posted at 10:06h in Estate Planning, Living Trusts, Living Will, Nursing Home Care by Phelps LaClair Law

As of the middle of September, 2020, Maricopa County has 710 active COVID-19 cases. 606 of those cases are found in long-term care facilities (166), assisted living facilities (364), and rehab facilities (76). We have long advocated for everyone to have an estate plan that...

large group of people sitting in an outdoor theater

03 Aug How to Pass on the Family Cabin

Posted at 09:40h in Asset Protection, Estate Planning, Living Trusts, Living Will by Phelps LaClair Law

Over the 4th of July weekend, I came home from a trip to one of my favorite places on earth: Alpine, Arizona. This is where my family has had a cabin since I was 5 years old. The cabin itself doesn’t amount to much, but...

group of people mid-air jumping on grass

30 Aug Estate Planning Tip: What To Tell Your Children About Your Estate Plan

Posted at 11:28h in Asset Protection, Estate Planning, Living Trusts, Living Will by Phelps LaClair Law

Did you know, children of baby boomers are due to inherit more wealth than ever before? It has been estimated baby boomers will inherit $12 trillion from their parents, and they will leave an additional $30 trillion to their own children over the next 30 to 40...

27 Mar Medical Power of Attorney

Posted at 11:14h in Estate Planning, Living Will, Power of Attorney by Phelps LaClair Law

During times of national crisis when lives are hanging in the balance, it is important to talk about things relating to incapacitation, end-of-life issues, and death. We know it can be a fearful and painful discussion to have, but it is better to have it...

Living Will vs Living Trust - person in front of a blurred building

24 Apr Living Will vs Living Trust

Posted at 12:37h in Estate Planning, Living Trusts, Living Will by Phelps LaClair Law

In the world of estate planning, there are similar terms that define very different planning goals. For instance, at Phelps LaClair, we hear this question a lot: “What is the difference between a Living Will and a Living Trust?” As a 2nd generation law firm,...

09 Jan Dangers of Do It Yourself (DIY) Plans

Posted at 08:00h in Asset Protection, Estate Planning, Living Trusts, Living Will, Power of Attorney by Phelps LaClair Law

DIY, or do-it-yourself, has become a common phrase in modern language. And while a DIY attitude may work well to foster creativity for daily life, when it comes to estate planning, DIY can cause devastating complications—which is the last thing you want your family to...

09 Aug Are Online DIY Wills a Good Idea?

Posted at 14:00h in Estate Planning, Living Will by Phelps LaClair Law

Since March, many of us have been working remotely at least part of the time. The COVID shutdown has created a new workspace reality. We are used to having virtual meetings, access to social media without restriction, and almost unlimited scheduling flexibility. With our computers,...

Wills and Living Trusts - adult holding a child

30 Apr Mother’s day and Legacy in Mesa, AZ

Posted at 16:19h in Asset Protection, Estate Planning, Living Trusts, Living Will, Uncategorized by Phelps LaClair Law

Mother’s day is coming up, and that means Moms all over the world will be honored for their nurture, training, and love. If you’re a mother, we want you to know we value your role as an influencer more than any other person’s role in...

Estate Planning attorneys - estate planning document with glasses, calculator, charts around it

28 Sep Goals of Estate Planning in Arizona

Posted at 11:40h in Estate Planning, Living Trusts, Living Will by Phelps LaClair Law

In Arizona, probate can become active for any estate valued at $75,000.00 or greater, and it can cause your estate to be held up in court for months, or even longer. Probate also involves attorney fees and additional court costs, all of which can easily...

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