Elder Care. It’s a hot topic for many, especially when it comes to estate planning. None of us wants to think about the possibility of ending up in a long-term care facility like a nursing home. But it’s a reality we’ve got to think about...
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...
There's nothing worse than watching your hard-earned assets dwindle during your golden years. But that is exactly what can occur as a result of spending time in a long-term care facility. Unfortunately, more than half of older Americans will end up in a skilled nursing...
When you can no longer do the everyday things that living requires, you are a candidate for long-term care. You are not alone, however. According to the Dept. of Health and Human Services, over 70% of people turning 65 can expect to need long-term care...
Long-term care planning is one of the key parts of a successful estate plan. Elder care is one component of long-term care planning. You may be far from retirement age, but it is never too soon to begin to consider what should happen if your...
With an aging population in the US, guardianship of elder parents has become a pressing matter. Phelps LaClair serves Chandler, Mesa, Phoenix and Scottsdale. We understand that there are practical, medical, financial, and emotional elements to elderly parent guardianship. We have helped thousands of clients...
The songwriter Paul Simon once said, “A good day is when nothing new hurts.” At Phelps LaClair, serving Phoenix, Chandler, Mesa and Scottsdale, we value good health. Daily activity is one of the keys to a long and healthy life; yet as we grow older,...
You and your spouse are both vital and healthy, and you don’t plan on getting sick. Why then, should you make the effort now to prepare for end-of-life issues? After all, you’re confident you’ve set aside enough retirement funds to give you plenty of leeway,...
Estate Planning involves more than simply listing assets and deciding who should inherit them. At Phelps LaClair, as specialists in estate planning, we are committed to helping families be prepared for every stage of life. Especially families who are planning for long-term care of elderly...
By: Jack Bernstein Phelps LaClair knows that when you’re looking for a living community for you or for a loved one, you want to make the right decision. Today, there are assisted living communities throughout the United States. You can stay close to home or set...