At Phelps LaClair, we've been families with special needs loved ones for many years. If you are taking care of adults or children with special needs, such as mental or physical disabilities, you have probably asked yourself what would happen to them if you became...
You’ve worked hard all week. You’ve made countless business decisions, answered plenty of questions, attended quite a few meetings, and/or taken on scores of technical challenges. After all that mental strain your soul is longing to de-stress, and your body is asking for exercise. Sounds...
When it comes to the future, our loved ones, and protecting our assets, you would think estate planning would be our first priority. Unfortunately, procrastination takes over more often that it should. When we procrastinate about the future, we are limiting ourselves and our loved...
If you are supporting someone with a disability, it can be difficult to ensure their financial security while still preserving their eligibility for government benefits. That’s where a Special Needs Trust (SNT) comes in. These irrevocable trusts are designed to provide for the unique needs...
You’ve worked hard. And with good financial planning, you’ve been able to set aside a nest egg that amply provides for a comfortable retirement. In addition, you’ve been able to generously care for your special needs child throughout his or her childhood, and into adulthood....
When considering estate planning to disperse your valuable items to your loved ones, don’t forget about your beloved family pet. Phelps LaClair (serving Gilbert, Chandler, Mesa, and Scottsdale) is passionate about great estate planning. Because we value connecting with family, we also know the importance...
If you are the parent or guardian of a person who requires special needs planning, then you have probably begun to research how to guarantee that your loved one receives the care she needs after you are gone. While you can certainly leave special needs beneficiaries...
Estate planning is a vital process for every family. But it is especially important for families with special needs children, because they face unique challenges. Careful planning can help you provide for your child’s future in the best way possible, and ensure they stay eligible...
When someone has a disability, setting up a special needs trust (SNT) will help ensure that they are cared for financially. Assets placed in an SNT offer financial support without affecting the beneficiary's eligibility for important government assistance program benefits. At Phelps LaClair, we want...
Every parent has their child’s well being front and center in their thoughts each and every day. For those parents of special needs children, it is almost non-stop around the clock. Perhaps their greatest concern is, “what will happen to my child after I die?”...