03 Jan Planning for Emergencies in Your Estate Plan

Posted at 20:58h in Estate Planning by Phelps LaClair Law

At Phelps LaClair, we like to say that failing to plan is planning to fail. This is especially true when emergencies happen. As estate planners, we take your interests to heart because you are the heart of our business. We do everything in our power...

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29 Dec Estate Planning Tips for Business Owners

Posted at 11:27h in Business Owners, Estate Planning by Phelps LaClair Law

As a business owner, your business is an important part of your legacy. You devote your life to establishing and maintaining a solid, sustainable business. Naturally, you want your business to remain in good hands. At Phelps LaClair, serving the Phoenix Valley, we care as...

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21 Dec Your Estate Planning Team in Arizona

Posted at 09:37h in Estate Planning by Phelps LaClair Law

The first step toward establishing a legacy for the next generation is to find a professional estate planning team that understands your needs and goals. And the biggest obstacle to taking this step is procrastination. For the past forty years, Phelps LaClair has been designing...

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12 Dec Estate Planning for Single Parents

Posted at 10:31h in Estate Planning by Phelps LaClair Law

The idea that only elderly or wealthy people need an estate plan is absolutely false. Everyone needs an estate plan no matter how large or modest your assets are. At Phelps LaClair, we have been serving clients in the Phoenix Valley for over 40 years....

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19 Nov Estate Planning Basics: Your First Estate Plan

Posted at 06:51h in Estate Planning by Phelps LaClair Law

  The first experience doing anything new can be a time of tension and indecision. You are in unfamiliar territory without much of a map. You go online, you research as best you can, you seek advice from experienced friends; but in the end, you...

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13 Nov Chad Boseman Left No Will—Why You Need One

Posted at 16:03h in Estate Planning, Probate, Wills by Phelps LaClair Law

There are so many unknowns in life. When we are young, we wonder what we will be when we grow up. As we enter young adulthood, we wonder who we will marry (or even if we will marry). We wonder about career, status, employment, friendships...

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11 Nov Do I Need to Pay Tax on My Inheritance in Arizona?

Posted at 09:02h in Estate Planning, IRA Inheritance Trust by Phelps LaClair Law

Inheriting assets from a loved one, no matter how small, can be both a blessing and a curse. One of the many questions that may arise when trying to navigate the complex process of settling an estate in Arizona is whether or not you have...

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03 Nov Estate Planning With Foreign Assets

Posted at 09:54h in Asset Protection, Estate Planning, Taxes by Phelps LaClair Law

  Many of our clients at Phelps LaClair have property and financial holdings in foreign countries. They may own property in a nation other than the US. Or, they may have offshore bank accounts or stocks in foreign based companies. There are special considerations in...

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18 Oct Digital Assets

Posted at 10:44h in Asset Protection, Estate Planning by Phelps LaClair Law

  At Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale, we create estate plans for many families. Some of our clients have accumulated great wealth; others have a more modest estate. All of our clients want to protect the wealth they have and pass it...

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25 Sep COVID-19 and Nursing Homes

Posted at 10:06h in Estate Planning, Living Trusts, Living Will, Nursing Home Care by Phelps LaClair Law

  As of the middle of September, 2020, Maricopa County has 710 active COVID-19 cases. 606 of those cases are found in long-term care facilities (166), assisted living facilities (364), and rehab facilities (76). We have long advocated for everyone to have an estate plan...

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