childrens inheritance Tag Archives

29 Oct Can You Disinherit Your Own Child in Arizona? Here’s What the Law Says

Posted at 09:15h in Estate Planning by Phelps LaClair Law

Estate planning is often a very emotional process. It can bring up a lot of tricky questions, like whether or not you should leave an inheritance for an estranged family member. Can you legally disinherit your own child in Arizona? The short answer is yes, but...

children's inheritance - man talking to adult son

16 Sep How to Discuss Inheritance with Your Children

Posted at 13:48h in Estate Planning, Living Trusts by Phelps LaClair Law

It can be uncomfortable to talk to your children about their inheritance. While you don’t have to tell your children exactly how much they will inherit, it is a good idea to have a conversation with them about what to do with an inheritance. If...

We explain why estate planning is so important for parents with young children. Learn how to appoint a guardian and set up a trust to safeguard their future.

29 Nov How to Use Estate Planning to Protect Your Children

Posted at 16:26h in Estate Planning, Living Trusts, Special Needs Trust by Phelps LaClair Law

Planning for your family’s future isn’t always easy, especially when you have to consider all the “what-ifs.” One of the most meaningful ways you can protect your children is setting up an estate plan that reflects your wishes for their care and provides for their...

can a minor child inherit a business? how do I pass my business onto my son/daughter? funding a trust with an LLC

24 Sep Can My Minor Child Inherit My Business?

Posted at 14:43h in Business Owners by Phelps LaClair Law

If you’re a business owner and you’ve created something successful from the ground up, it’s a great point of pride. You want to make sure it’s well cared for and remains in the best hands if you’re unable to run it someday. Many people pass on...

how to leave an inheritance how do i leave an inheritance to an irresponsible child what is the best way to handle an inheritance

23 Apr How Do I Leave an Inheritance to an Irresponsible Child?

Posted at 05:58h in Irrevocable Trusts, Living Trusts by Phelps LaClair Law

Individual situations and people can change quickly and dramatically. You don’t want to disclude an irresponsible child from their inheritance—you want to protect their financial future so that when they’re ready, they can handle a large amount of money. Let's go over how to leave...

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