Welcome to the Phelps LaClair education center

The best way to educate yourself on important estate planning topics is to attend one of our FREE dinner seminars. Register now by clicking here.

 

Click on a topic below to learn more:

 

Can a Trust Protect Me From Lawsuits in Arizona?

A Living Trust that gives full “outright” ownership of the inherited assets to the beneficiaries (which is exactly what most trusts do), needlessly exposes them to the claims of ex-spouses, creditors, lawsuits, the government and estate taxes.

 

Who takes care of minor children in Arizona when you pass away?

The court will decide, or you will decide.

 

Why are some strategies to avoid Probate better than others?

Many individuals are under the impression that their will alone is sufficient to avoid probate. Unfortunately, a will is simply an expression of your wishes and must go through some kind of court process before the assets can be distributed to the heirs.

 

Will my family be taxed for my estate after I die?

This depends on the type of tax, the asset and the value of your estate.

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