Starting an estate plan can feel like a daunting task, especially if you’re a beginner and the idea is foreign to you. However, making an estate plan is absolutely essential, and you should not put it on the back burner. More people than ever are...
Being named as successor trustee is a big responsibility that comes with legal and fiduciary duties. It means you’re in charge of managing someone’s trust after they pass away or become incapacitated. While it may seem straightforward at first, there are several dangerous mistakes that...
Spiders, ghosts, and skeletons abound this time of year. And while most people enjoy scary things like haunted houses and horror movies, they often harbor secret fears. Being afraid to write a will is one of them. But don’t worry—there’s nothing scary about estate planning...
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...
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...
Bette Davis once said, “Old age ain’t no place for sissies!” When we were younger, we may have thought she was just complaining about getting old. As we age, however, we come to appreciate the truth behind that statement. Phelps LaClair is a second-generation estate...
At Phelps LaClair, we are estate planners with more than 40 years of experience in creating exceptional estate plans. We have served thousands of satisfied clients in the Phoenix Valley to enable them to protect their assets and successfully pass on their wealth when they...
Fall is upon us! Fall and winter are typically the most active flu seasons. This year, the normal danger of the flu is compounded by the COVID-19 pandemic. Protecting yourself from these viruses is paramount. Phelps LaClair is committed to healthy living. Our clients in...
Everybody needs an estate plan! In today’s internet culture, it’s very tempting to try to write your own. Because Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale has been in business for 40 years, we know how challenging it can be to write an estate...