estate planning arizona Tag Archives

Everyone has different priorities when it comes to their estate plan. Here are five examples based on real interactions with our clients.

12 Mar Estate Planning Advice: Five Real Life Examples

Posted at 10:01h in Estate Planning by Phelps LaClair

Everyone has different priorities when it comes to their estate plan. For some, it’s all about protecting their families. Others want to leave a legacy by funding a trust or supporting a charity. We asked our clients what they felt was the most important part...

12 Jun How to Avoid the Generation Skipping Transfer Tax

Posted at 08:30h in Taxes by Phelps LaClair

If you understand and work with tax laws, your estate plan will be all the stronger for it. Knowing when certain taxes will apply, especially those that occur after your passing, is very important. Planning ahead is the only way to avoid incurring extraneous taxes...

estate planning for large families, estate planning for large families example, multiple generation estate planning, high net worth estate planning attorney

21 Apr Estate Planning Strategies for Large Families

Posted at 09:54h in Estate Planning by Phelps LaClair

Estate planning can get complicated. Especially when it involves distributing wealth among the members of a large family. For families that have built up substantial assets over multiple generations, maintaining harmony between family members takes some careful handling. To shed some light on the steps you...

estate planning checklist, estate planning golden rules

15 Apr Three Golden Rules of Estate Planning

Posted at 15:00h in Estate Planning by Phelps LaClair

When making your estate planning checklist, there are three “golden rules” you should follow. These estate planning rules will help you ensure you’re getting the most out of your hard work, and preserving your estate for years to come. Rule #1: Be Clear and Intentional The most...

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

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...

Naming a beneficiary for your bank account is the easiest way to give your loved ones access to your finances after you pass away.

04 Dec Why You Need to Designate a Beneficiary for Your Bank Accounts

Posted at 11:11h in Probate by Phelps LaClair

Did you know that you can designate a beneficiary for most bank accounts? Naming a beneficiary is the easiest way to allow your loved ones to access your accounts and avoid having to deal with the complications of probate court. Here’s why you need a...

estate planning for married couples marriage and estate planning what type of trust is best for married couples

07 May A Guide to Estate Planning for Married Couples

Posted at 06:52h in Uncategorized by Phelps LaClair

After tying the knot, there seems to be a happy bubble surrounding you and your new spouse. It’s easy to get lost in day-to-day life and feel like there’s still plenty of time to take care of the finer details. However, estate planning is a...

11 Jul Are Electronic Wills Valid in Arizona?

Posted at 19:14h in Estate Planning, Wills by Phelps LaClair

Modern technology has transformed the way we do almost everything, estate planning included. In 2018, Arizona became the third state to recognize electronic wills, or “e-wills,” as valid. An e-will functions the same as a hardcopy will, but it is a digital file instead of...

how long does probate take in arizona - person checking watch

11 Oct How Long Does the Probate Process Take in Arizona?

Posted at 15:48h in Estate Planning, Probate by Phelps LaClair

If you’ve been appointed the executor of an estate or if you’re expecting an inheritance, you may be wondering just how long the probate process can take. Unfortunately, probate is a complex process, and there are many different factors that can delay its completion. There is...

estate planning for first responders - 3 firefighters putting out a fire

09 Sep Estate Planning for First Responders

Posted at 13:58h in Asset Protection, Estate Planning by Phelps LaClair

Being a first responder is a high-risk job, so it’s important to plan for your family’s future in the event that something happens to you in the line of duty. At Phelps LaClair, we’re grateful for everything that our local first responders do for our...

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.