28 Feb Reason #9 to Update Your Estate Plan: Prevent “Stuff” from Destroying Relationships

Posted at 14:23h in Uncategorized by Phelps LaClair Team

The rolling pin your mother used to make pie crusts each Thanksgiving… The record player you purchased in 1972… The tacky ceramic Christmas tree you’ve displayed every year since the kids were young…. These may not sound like the makings of a family feud, but...

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24 Feb Reason #8 to Update your Estate Plan: Your Decision Makers Have Changed

Posted at 13:58h in Uncategorized by Phelps LaClair Team

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...

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14 Feb Reason #7 to Review Your Estate Plan: Your Assets are Unnecessarily Exposed to Lawsuits

Posted at 11:09h in Uncategorized by Phelps LaClair Team

It’s Valentine’s Day, and in our minds that’s the perfect time to think about the future of the people you love most! You’ve worked hard your whole life to take care of your loved ones…have you thought about their security once you’re gone? We talk a...

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08 Feb Reason#6 to Update Your Estate Plan: Your IRAs are not Protected

Posted at 10:11h in Uncategorized by Phelps LaClair Team

Over 25 years ago, Phelps LaClair founder Stephen Phelps decided that he would take advantage of the warm Arizona climate and try his hand at planting citrus trees. Well, try he did, and he soon had 30 citrus trees in his backyard! That may seem like...

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17 Jan Reason #3 to Review your Estate Plan in 2017: Changes in Beneficiaries

Posted at 11:21h in Uncategorized by Phelps LaClair Team

One of the most crucial reasons to update your estate plan has to do with changes to your beneficiaries. An out of date trust that provides for the wrong beneficiaries (or the right beneficiaries in the wrong way) can spell disaster for a family.  We...

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10 Jan Reason #2 to Review Your Estate Plan in 2017

Posted at 08:27h in Uncategorized by Phelps LaClair Team

“Certainty? In this world nothing is certain but death and taxes.” -Benjamin Franklin   Yes, it’s true. Death and taxes are the two things in life we can’t avoid. Even more discouraging is the fact that after a lifetime of paying taxes, it’s possible that...

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03 Jan 10 Reasons to Review Your Estate Plan this Year

Posted at 12:22h in Uncategorized by Phelps LaClair Team

Happy New Year from the Phelps LaClair Team! We hope 2017 brings with it much success and happiness to you and yours. Are you one of the lucky ones who checked estate planning off your New Year to-do list quite some time ago? If so,...

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06 Dec Gifting 101

Posted at 10:16h in Uncategorized by Phelps LaClair Team

Around this time every year, we tend to get a lot of questions about how to gift money or property without paying a tax. With that in mind, here’s a brief overview of some basics you need to know before your generous end-of-the-year giving.  When...

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23 Nov Giving is Always in Season

Posted at 23:36h in Uncategorized by Phelps LaClair Team

With the holiday season now in full swing, many of us look for ways to show our gratitude by giving of our time and resources to those in need. But did you know that you can continue your legacy of giving right now and after...

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14 Nov Facebook’s Legacy Contact Protects Your Digital Assets After Death

Posted at 09:16h in Uncategorized by Phelps LaClair Team

Have you noticed that some social networking sites are starting to follow our lead when it comes to preparing for the future? A few, like Facebook, are starting to provide options for people to protect their “digital assets,” just like we protect your financial assets...

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