Have you included power of attorney in your estate plan? Power of attorney (POA) is a legal document that grants someone the power to make important decisions on your behalf. However, there are many different types of power of attorney designations, and choosing the best one can feel overwhelming. At Phelps LaClair, we want to…
Getting your affairs in order doesn’t just secure your family’s future after your death. By appointing someone with power of attorney (POA), you can also protect your own future in the event of a serious illness. At Phelps LaClair, we want to help you design a well-rounded estate plan with a designated POA. Continue reading…
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 this article, we’ll explain what power of attorney means, and…
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 sooner than later. Phelps LaClair writes a medical power of…
An important step in estate planning is to complete the paperwork for a durable power of attorney (POA). There are two types of powers of attorney, a financial POA and a health POA. A financial power of attorney document provides for someone of your choosing to handle your assets in the event that you become…
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 our immediate family is well cared for, it’s a good…
Having an updated Power Of Attorney (POA) is a vitally important component of estate planning. It is a common mistake for individuals to let their initial POA paperwork expire or become outdated, which can negatively affect the distribution of their inheritance. At Phelps LaClair, located in Scottsdale and Gilbert Arizona, we want to help you…
When establishing a great estate plan strategy to protect your loved ones, there are some areas that are often left out or forgotten. One of these areas includes understanding the effects of HIPAA on your medical power of attorney. Phelps LaClair serves Scottsdale, Gilbert, Mesa, and Chandler where we are dedicated to setting up your…
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