Probate is the legal process of transferring the ownership of a deceased person’s property to their heirs, and it can take a long time to complete. There are many types of assets that are automatically subject to probate unless you place them in a trust. At...
If you have set up a living trust or are considering one, you may need a pour-over will. This failsafe will protect any assets you neglected to add to your living trust. Whether you intentionally left some assets out, or simply forget about them, you...
Phelps LaClair is an estate planning law firm serving Chandler, Mesa, Phoenix and Scottsdale. We help our clients to protect the wealth they have labored to build, and to pass it on to succeeding generations. With another presidential election on the horizon for 2020, many...
Safety is a huge concern these days. Television, internet, and newspapers all focus on tragedy, corruption, and international tension. It’s human nature to want to be safe. Phelps LaClair in Gilbert, Chandler, and Mesa also has your safety at heart. It’s written into every estate...
Estate planning is a strategic step to setting your finances and assets in order prior to incapacitation or death. Life has many unexpected turns along the way, and when we plan for them in advance, it saves time, money, and unnecessary headaches. The estate planning...
DIY, or do-it-yourself, has become a common phrase in modern language. And while a DIY attitude may work well to foster creativity for daily life, when it comes to estate planning, DIY can cause devastating complications—which is the last thing you want your family to...
Trusts aren’t just for the wealthy, they’re for anyone looking to save their family time and money after they pass away. There are many reasons for creating a trust, from controlling the distribution of your assets to protecting loved ones with disabilities. At Phelps LaClair,...
Mother’s day is coming up, and that means Moms all over the world will be honored for their nurture, training, and love. If you’re a mother, we want you to know we value your role as an influencer more than any other person’s role in...
Christmas in the desert: can it really be that festive? We shout out a resounding "YES" to answer that question! Phoenix has a tremendous amount to offer when it comes to Yuletide festivities. Phelps LaClair, located in Gilbert and Scottsdale, is passionate 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...