10 Aug The Health Benefits of Swimming

Posted at 06:25h in Outdoor Fun by Phelps LaClair Law

  At Phelps LaClair, we encourage our clients to plan for the future, including the unknowns in life. Staying active and exercising regularly helps keep your heart healthy. We often enjoy swimming as a way to improve our health! Swimming offers many benefits, from reducing...

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07 Aug Questions to Ask When Planning Your Estate Early

Posted at 05:19h in Estate Planning by Phelps LaClair Law

  If you find yourself wondering how to begin estate planning, or if early estate planning makes sense, you are on the right track! Covering the details about what will happen to you or your loved ones if an accident occurs is a necessary step...

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05 Aug Estate Planning in Your 20s

Posted at 09:32h in Estate Planning by Phelps LaClair Law

  Wondering when to start estate planning? It’s a question that pops up from time to time, but in young adult life it can seem unimportant. Many young people consider estate planning the type of task that can gets pushed off for another time…another day…another...

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28 Jul Divorce After Retirement: Gray Divorce 2021

Posted at 01:00h in Uncategorized by Phelps LaClair Law

  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,...

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23 Jul Death Benefits for Unmarried Couples

Posted at 01:00h in Estate Planning by Phelps LaClair Law

  Are you wondering what happens when your partner dies? How will the surviving loved one be cared for? Death benefits for unmarried couples only exist if you create them. You can decide where your assets go—whether you give them to friends, family, charities, or...

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16 Jul Is a Financial Plan the Same as an Estate Plan?

Posted at 10:37h in Free Seminars by Phelps LaClair Law

  Having a solid financial plan that takes care of your family’s needs every year feels great! It feels comfortable. And that comfort can sometimes allow us to neglect our future financial plans, such as saving for retirement and creating a concrete estate plan. Are...

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12 Jun How to Avoid the Generation Skipping Transfer Tax

Posted at 08:30h in Taxes by Phelps LaClair Law

    If you understand and work with tax laws, your estate plan will be all the stronger for it. Knowing when certain taxes will apply, especially those that occur after your passing, is very important. Planning ahead is the only way to avoid incurring...

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06 Jun Do I Really Need Estate Planning?

Posted at 05:57h in Estate Planning by Phelps LaClair Law

  Estate planning can sound inaccessible to some people, as if it’s an elite tool that’s not appropriate for everyone. If financial end-of-life planning isn’t a topic circulating through your peer group, it can seem far-off or irrelevant. However, neither of these assumptions are true. ...

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03 Jun What is The Future of The Estate Tax Exemption?

Posted at 16:29h in Taxes by Phelps LaClair Law

    The future of the estate tax exemption is not yet concrete. However, we’re getting closer to understanding how wealthy estates may be affected if the bill known as The 99.5 Percent Act becomes law.  Currently, the federal estate tax exemption is $11.7 million...

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27 May Comparing Estate Planning Options

Posted at 12:43h by Phelps LaClair Law

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