There is a quote from Jason Bourne in one of the early Bourne Trilogy novels: “Rest is a weapon.” Bourne was exhausted from days of sleeplessness. In spite of needing to stay vigilant, he recognized that he needed rest in order to be able to...
Today’s blog post visits the past with a curious look at the earliest will in history, and a quick jaunt through some strange ideas for bequeathing estates to family members or friends. At our Phelps LaClair offices located in Mesa, Chandler, and Phoenix, AZ, we’ve...
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...
Including a trust in your estate plan will keep your assets safe until your loved ones inherit them. There are many types of trusts to choose from, and understanding which kind of trust you need may seem overwhelming. The estate planning experts at Phelps LaClair...
Joint tenancy vs. community property—what’s the difference? Both are common ways for two people to hold a property title together equally in Arizona. These ownership structures both involve the right of survivorship, ensuring that a surviving co-owner inherits the property upon the other’s death. How you...
In our last blog post we talked about two different kinds of Limited Liability Companies, or LLCs: Member-Managed or Manager-Managed. Phelps LaClair (with offices in Phoenix, Chandler, and Mesa) is ready to help you determine the right LLC for you. If you’re looking to begin...
Losing a family member is hard enough without the added stress of complications that can occur as a result of poor estate planning on the part of the deceased. But if a Revocable Living Trust is set in place, grieving family members will be spared...
At Phelps LaClair, we like to stay healthy so we will be able to enjoy long lives with our families and friends. We also encourage our clients to engage in athletic activities that bring them joy, like indulging in hikes with special attractions like a...
Divorce rates have recently been on the decline—that is, among young people. Couples over the age of 50 have been divorcing at much higher rates over the past twenty years. Between 1990 and 2010, this age group doubled their divorce rate. In 2010 alone, 1...
Decisions, decisions, decisions. Sometimes decisions are easy: two scoops instead of one, for example. Easy. But there are lots of decisions, especially in estate planning, that take a little more thought. One of the most important decisions you’ll make is selecting who will make decisions...