Asset Protection is something that anyone with significant assets needs to consider. We live in a time when many Americans believe that they have the right to sue anyone at any time for any reason: nearly $300 billion in lawsuits is filed in this country...
Losing a family member is hard enough without the added stress of complications that can occur as a result of poor estate planning on the part of the deceased. But if a Revocable Living Trust is set in place, grieving family members will be spared...
When a parent passes, sometimes we are shouldered with the heavy job of managing their after-death affairs. Unless this process is planned in advance and in detail with professional help, it quickly becomes a heartache. Some bereft children are left asking themselves questions like, “How did...
Julie, an estate planner, recently went out for dinner with her friend Jordan. While they were eating, Jordan mentioned a show she had seen about the luxurious expanse of Drake’s mansion. “His estate is huge!” she remarked, which turned the conversation toward the word “estate.”...
You have worked hard to build your estate. Every purchase, every investment, every financial decision has been made so you can leave an inheritance that is also a legacy. Phelps LaClair, serving Phoenix, Chandler, and Mesa, is a second generation estate planning law firm dedicated...
A living will is something that communicates your end-of-life medical decisions and allows your family members to rest assured that they’re making the right choices, if you’re unable to make them yourself. Having a living will is an essential step in estate planning. However, even...
Since more than half of Americans turning 65 today will eventually require some sort of long-term care, part of establishing a secure financial future involves knowing how to protect your assets and your estate from exorbitant nursing care costs. Phelps LaClair is an Arizona law...
If you are starting a business, one of your options for is to form a Limited Liability Company (LLC). There are many advantages to forming an LLC, not just for business reasons, but also for your personal finances and estate. Phelps LaClair (with offices in...
At Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale, we create estate plans for many families. Some of our clients have accumulated great wealth; others have a more modest estate. All of our clients want to protect the wealth they have and pass it along...
At Phelps LaClair, serving Chandler, Mesa, Phoenix and Scottsdale, we believe that regular exercise and staying physically fit are key factors in healthy living. We are estate planners, and we desire to see our clients live long and healthy lives. Two essentials for safe exercise...