estate planning attorney Tag Archives

If you haven't written your will yet, National Make a Will Month is a good time to do it. Here are a few tips to get you started.

26 Aug August Is National Make a Will Month: Have You Written Yours Yet?

Posted at 10:28h in Wills by Phelps LaClair Law

Every adult needs a will, whether they're 18 or 78, whether they're making their own way or they're already a millionaire. You see, a will isn't just about deciding who gets your savings account or your house or your comic book collection after you die....

29 Dec Estate Planning Tips for Business Owners

Posted at 11:27h in Business Owners, Estate Planning by Phelps LaClair Law

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...

29 Feb Walking Trails in Phoenix

Posted at 10:38h in Outdoor Fun by Phelps LaClair Law

Everybody needs to have regular exercise to stay healthy. Yes, we are an estate planning law firm, but Phelps LaClair is also big on exercise as a way of increasing life satisfaction, good health, and longevity. But not every form of exercise needs to be...

what is a pour-over will - man and woman looking at computer screen

07 Feb What Is a Pour-Over Will?

Posted at 16:30h in Asset Protection, Wills by Phelps LaClair Law

If you have set up a living trust or are considering one, you may need a pour-over will. This failsafe will protect any assets you neglected to add to your living trust. Whether you intentionally left some assets out, or simply forget about them, you...

medical power of attorney arizona -- older woman and younger man sitting with with their backs to the camera, and woman has her head on man's shoulder

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...

Talking to your parents about estate planning now can help you avoid financial and emotional burdens down the road.

25 Mar Why It’s Important to Talk to Your Parents About Estate Planning

Posted at 10:11h in End of Life, Estate Planning, Power of Attorney, Taxes by Phelps LaClair Law

Starting conversations about things like inheritance and end-of-life decisions can be very difficult. However, it’s important to discuss these topics with your parents sooner rather than later. The decisions they make now will significantly impact your life in the future. By making sure they have...

Estate planning isn’t just for baby boomers—it’s important for millennials, too. Every adult needs an estate plan, no matter how old they are. This step-by-step guide explains more.

15 Feb Four Essential Estate Planning Steps for Millennials

Posted at 13:24h in Estate Planning, Living Trusts, Power of Attorney, Wills by Phelps LaClair Law

When it comes to estate planning, millennials are well ahead of the game. Many have been assisting their parents with the estate planning process, and others have even started setting up their own estate plans. It’s never too late or too early to get started—life...

Setting up a trust fund can help secure your child’s financial future and give you more control over when and how their inheritance will be distributed. We explain how to set up a trust in this step-by-step guide.

09 Jan How to Set Up a Trust for Your Child in 5 Steps

Posted at 09:07h in Estate Planning, Living Trusts by Phelps LaClair Law

You don’t have to be rich to set up a trust fund for your child. In fact, it’s a move every parent should make. Setting up a trust fund can help secure your child’s financial future by protecting their inheritance from taxes, probate, and creditors....

04 Dec Ten Estate Planning Tips You’ll Actually Use

Posted at 12:45h in Uncategorized by Phelps LaClair Law

Ten Estate Planning Tips You'll Actually Use If you don’t have an estate plan yet, you’re probably wondering where to begin. Estate planning is often a complicated process, and every person’s situation is unique, so a little guidance goes a long way. Here are ten tips...

26 Oct Are You Afraid to Write Your Will?

Posted at 08:27h in Uncategorized, Wills by Phelps LaClair Law

Spiders, ghosts, and skeletons abound this time of year. And while most people enjoy scary things like haunted houses and horror movies, they often harbor secret fears. Being afraid to write a will is one of them. But don’t worry—there’s nothing scary about estate planning...

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