estate planning Tag Archives

estate planning questions -- man sitting looking at laptop wondering something

18 Mar The 7 Most Common Estate Planning Questions Answered

Posted at 09:30h in Estate Planning by Phelps LaClair Law

If you’re just starting your estate planning journey, chances are good you have lots of questions, and you need some answers. It’s perfectly normal to have lots of questions to ask an estate planner, and the experts at Phelps LaClair are here to help. To...

estate planning with life insurance -- family of mother, father, and three children sitting on a grass and hugging each other

30 Mar Is Your Life Insurance Included in Your Estate Plan?

Posted at 13:38h in Estate Planning, Life Insurance by Phelps LaClair Law

An estate plan protects your finances and assets so they can be managed the way you want them to be after your death. While most people who come to Phelps LaClair know that an estate plan should include assets like their house, vehicles, and investments,...

benefits of estate planning -- parents holding two small children outside a house

27 May Debunking the 4 Main Reasons People Do Not Have an Estate Plan

Posted at 07:39h in Estate Planning by Phelps LaClair Law

Here at Phelps LaClair, we know how important estate planning can be, and we want to make sure that you do as well! We want to eliminate any misconceptions you may have about estate planning, so you can protect yourself and your family’s future. The benefits...

03 Jun What Is a Medical Power of Attorney?

Posted at 14:08h in Advance Directive, Estate Planning, Living Will, Long-Term Care Planning, Power of Attorney by Phelps LaClair Law

As we age, our medical needs change. That is just a part of life. And depending on your personal medical history, you may want to plan for an event where, if you cannot communicate directly with doctors and nurses, you have someone who knows your...

what is an advance directive -- an older man and woman holding hands

10 May What Is an Advance Directive?

Posted at 09:47h in Advance Directive, Estate Planning, Living Will by Phelps LaClair Law

When most people talk about estate planning, they think it's just for making sure their property goes to their loved ones after they are gone. However, estate planning also encompasses directives for instances when you are still alive, but can not make important decisions for...

03 Aug I Scream, You Scream: The Best Spots for Ice Cream in Phoenix!

Posted at 11:44h in Arizona Activities by Phelps LaClair Law

If there’s one way the staff at Phelps LaClair likes to cool off during an Arizona summer then it’s with a big scoop of ice cream! Here in the Valley of the Sun, there are lots of great ice cream shops to choose from. Today...

what is a backdoor ira -- Asian woman opening a blue door and smiling

26 Jul What Is a Backdoor IRA?

Posted at 12:36h in IRA, Retirement Planning by Phelps LaClair Law

Individual Retirement Accounts (IRAs) offer an excellent opportunity for people to save money in preparation for retirement. However, people who make more than a certain amount of money cannot contribute to a Roth IRA. But what if there was a way to contribute to a...

what to bring to estate planning meeting -- man in suit holding out his hand for shaking

13 Jul What to Bring to Your First Estate Planning Meeting

Posted at 07:37h in Estate Planning by Phelps LaClair Law

Congratulations on setting an appointment to meet with an estate planning attorney! That is an important first step in setting up your estate plan. If this is your first time speaking with an advisor, chances are good you have questions on what to bring to...

last will vs living will -- two people sitting in chairs watching the sun set

09 Aug Last Will vs. Living Will: What’s the Difference?

Posted at 13:42h in End of Life, Estate Planning, Living Will, Wills by Phelps LaClair Law

When you first begin your estate planning journey, chances are good you will hear a lot of different terms that may confuse you. Take “last wills” and “living wills,” for example. Are they the same thing? Or do you need both? Let’s take a closer...

how do I talk to my child about estate planning

23 Aug How to Talk to Your Children About Your Estate Plan

Posted at 08:59h in Estate Planning by Phelps LaClair Law

It can be very difficult to think about estate planning and making arrangements for your children after you pass on. Many people struggle to talk about these topics as well, and talking about estate planning with kids can be even harder. The experts at Phelps...

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