When you can no longer do the everyday things that living requires, you are a candidate for long-term care. You are not alone, however. According to the Dept. of Health and Human Services, over 70% of people turning 65 can expect to need long-term care...
Over two-thirds of adults will require long-term care during their senior years. So let's talk about in-home care options for seniors in Mesa and the surrounding areas. Deciding where and how you want to receive care is all about your personal comfort. Many people prefer...
As we age, our medical needs change. That is just a part of life. And depending on your personal medical history, you may want to plan for an event where, if you cannot communicate directly with doctors and nurses, you have someone who knows your...
In our last blog post, we discussed several important factors to consider in regard to Long-Term Care Insurance (LTCI). It’s one viable choice for being ready, in the event that you or your spouse should ever need long-term care in the form of custodial care...
In our last two blog posts, we introduced several key concepts involved with Long-Term Care. In today’s blog post we’ll finish the 3-part series by highlighting possible solutions for protecting your estate’s assets from the prohibitive costs of Long-Term Care. At Phelps LaClair in Phoenix,...
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...
When we’re young, we don’t give much thought to growing older. But by the time we reach our 50s, we’re probably coming to terms with one reality of life: eventually, we grow old. However, there are keys to aging successfully! As an estate planning firm...
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...
Long-term care encompasses medical and support services for people who have a degenerative illness, injury or incapacitation. It is an expensive process that can drain your estate quickly. As an estate planning law firm in Phoenix, Chandler, Mesa and Scottsdale, Phelps LaClair advises all of...
When going through the estate planning process, you may encounter words and phrases you’re not familiar with. One of the most misunderstood terms is “power of attorney.” Here at Phelps LaClair, we want our clients to fully understand every aspect of their estate plans. In...