Pope John Paul II said, “The future starts today, not tomorrow.” As an estate planning law firm in Mesa, Chandler, and Phoenix, Phelps LaClair has helped many families with planning their estates. We can affirm Pope John Paul II’s words: planning today for tomorrow is...
As a second generation firm in Estate Planning, Phelps LaClair has been helping folks like you understand the guardianship duties for aging parents in Phoenix and the surrounding area. A legal guardianship is similar to, but somewhat different from a power of attorney. What follows...
When we’re young, we don’t give much thought to growing older. But by the time we reach our 50s, we’re probably coming to terms with one reality of life: eventually, we grow old. However, there are keys to aging successfully! As an estate planning firm...
Since more than half of Americans turning 65 today will eventually require some sort of long-term care, part of establishing a secure financial future involves knowing how to protect your assets and your estate from exorbitant nursing care costs. Phelps LaClair is an Arizona law...
Family is our most intimate social connection. And in past generations, it was assumed that younger generations would take care of the older generations. But in today’s society, two-income families and a plethora of community and social activities have changed the landscape of life as...
In our last blog post, we discussed several important factors to consider in regard to Long-Term Care Insurance (LTCI). It’s one viable choice for being ready, in the event that you or your spouse should ever need long-term care in the form of custodial care...
In our last two blog posts, we introduced several key concepts involved with Long-Term Care. In today’s blog post we’ll finish the 3-part series by highlighting possible solutions for protecting your estate’s assets from the prohibitive costs of Long-Term Care. At Phelps LaClair in Phoenix,...
The Golden Years are those years when you’ve retired from the workforce, and you’re finally able to do what you desire: putter in the garage, plant a garden, take sightseeing trips, spend time with your grandkids, along with a host of other possibilities. During your...
A nursing home is a facility that offers a step up in care from an assisted living facility. Both are on the continuum of long-term care. However, in a nursing home, elderly or disabled residents are provided with accommodations and personal care services, as well...
As the baby boom generation enters retirement, elder care planning has become an important topic in the estate planning community. One of the biggest concerns is elder law. Simply put, elder law addresses the legal needs of an aging population. It is a specialty field...