Every family needs estate planning, no matter which tax bracket they fall into. Parents in particular need to take steps like naming a guardian, writing a will, and providing for the future. You don't have to be rich to do things like set up a...
Wouldn’t you love to be able to meet your estate planning lawyer before you choose to work with a certain firm? Making decisions about your estate isn’t something you take lightly. You want advisors who know what they’re talking about. That’s one reason Phelps LaClair,...
There are many hidden gems in the Phoenix Valley; natural landmarks; historical firsts; interesting eateries and pubs; and Jeffrey LaClair. Yes, we include our very own Phelps LaClair attorney, Jeffrey LaClair, in that list of hidden gems. Jeffrey has strong experience and much wisdom regarding...
When you’re looking to protect your assets for future generations, calling on the expertise of an estate planning lawyer is a smart idea. At Phelps LaClair Firm we’ve been helping families in the Phoenix Valley choose the right estate planning vehicle for their needs for...
When you put your assets into a Living Trust, you know that you, as the grantor, maintain full and complete control. You are also the Trustee. As a result, you get to decide what happens with those assets. And because you are the lifetime beneficiary,...
As a business owner, your company is an important part of your legacy. You've devoted your life to establishing and maintaining a solid, sustainable business. Naturally, you want your business to remain in good hands. At Phelps LaClair, serving the Phoenix Valley, we care as...
Besides the peace of mind it offers, one of the main advantages of a revocable living trust is the ease of making changes according to your wishes. Amending a revocable trust is a fairly simple process and help from your estate planner will make it...
There may come a time when you want to withdraw money from your individual retirement account (IRA). Perhaps you wish to use it to pay for college expenses for yourself or your children. Maybe you recently had a baby and could use some extra income....
When going through the estate planning process, you may encounter words and phrases you’re not familiar with. One of the most misunderstood terms is “power of attorney.” Here at Phelps LaClair, we want our clients to fully understand every aspect of their estate plans. In...
Another year is upon us, and every year the time seems to go by more quickly. If you’re at retirement age or nearing it, you may be starting to feel that your time for making preparations is running out. Maybe you haven’t been saving as...