estate planning attorney arizona Tag Archives | Page 2 of 3

man laughing with son who has special needs

01 Feb 5 Benefits of Setting Up a Special Needs Trust

Posted at 21:45h in Special Needs Trust by Phelps LaClair Law

Caring for a loved one with special needs comes with unique challenges, and one of them is how to secure their financial future. Even when you have the best intentions, leaving money to them in your will can actually cause financial problems for the special...

person holding documents with the word scam written on them

23 Jan Estate Planning Scams and How to Avoid Them

Posted at 21:01h in Estate Planning by Phelps LaClair Law

Estate planning is a crucial aspect of securing your assets and ensuring a smooth transition for your loved ones after you’re gone. Unfortunately, however, there are many scams out there that target individuals looking to create or update their estate plans. Telemarketers, title fraud, living...

person drinking coffee and writing to do list

20 Dec An Estate Planning Checklist for the New Year

Posted at 21:38h in Estate Planning by Phelps LaClair Law

As we enter the beginning of a new year, many people are making plans for the future. If you’re setting any New Year’s resolutions, estate planning should be at the top of your list. A sound estate plan is crucial in easing the burden for...

08 Dec How to Choose the Right Trustee for Your Trust

Posted at 21:08h in Estate Planning, Living Trusts by Phelps LaClair Law

Creating a trust is a thoughtful and strategic way to ensure that your assets transfer seamlessly to your beneficiaries. However, one key aspect of building a successful trust is choosing the right trustee. The trustee must safeguard your assets and uphold your wishes when distributing...

14 Nov Don’t Let Your Estate Plan Fail—Avoid These Common Living Trust Mistakes

Posted at 15:19h in Estate Planning, Living Trusts by Phelps LaClair Law

Setting up a revocable trust (also known as a living trust) is a crucial step in estate planning. A living trust allows you to manage your assets during your lifetime, and streamline the distribution of your estate after you pass away. Placing your assets in...

man in a wheelchair talking to two women at desk

08 Nov What Can a Special Needs Trust Pay For?

Posted at 16:57h in Special Needs Planning, Special Needs Trust by Phelps LaClair Law

If you are supporting someone with a disability, it can be difficult to ensure their financial security while still preserving their eligibility for government benefits. That’s where a Special Needs Trust (SNT) comes in. These irrevocable trusts are designed to provide for the unique needs...

why families fight over inheritance - couple looking upset

09 Dec Why Families Fight Over Inheritances (and How to Avoid Disputes)

Posted at 16:42h in Asset Protection, Estate Planning by Phelps LaClair Law

Inheritances are meant to be a way for you to pass on assets and wealth to the next generation, providing financial security and comfort for your loved ones. However, settling a loved one’s estate can be an emotional process. And it’s even more stressful when...

a hand and flowers placed on casket at funeral

09 Aug What Happens to an Estate After the Death of its Owner?

Posted at 20:56h in Estate Planning, Probate by Phelps LaClair Law

The passing of a loved one can be a challenging and emotional time. And although there are many legal and financial matters to address after a loved one dies, it can be difficult to navigate through your grief. Understanding what happens to an estate after...

person in yellow sweater typing on laptop

21 Apr Why Estate Planning Is Important Even When You’re Single

Posted at 13:51h in Asset Protection, Estate Planning by Phelps LaClair Law

People who are single and childless often assume they don’t need estate planning services. While it’s true that estate planning can benefit married couples and people with children, the reality is that estate planning is for everyone. Here’s why estate planning is so important, whether...

estate planning myths - woman signing document

17 Feb 10 Common Estate Planning Myths

Posted at 14:20h in Asset Protection, Estate Planning by Phelps LaClair Law

Have you started working on your estate plan yet? There are many common myths and misconceptions about estate planning that can cause people to make mistakes with their plans, or prevent them from making one at all. If you’ve heard and believed any of these...

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