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...
In a recent blog post, we discussed what long term care services are available and what qualifies you for them. With the average yearly cost of nursing home care in Phoenix running around $112,000 and increasing annually, paying for long-term care can be a staggering...
Phelps LaClair, with offices in Chandler, Mesa, Phoenix and Scottsdale, is a relationship law firm. That means our job is not about just preparing documents. We are here to help you from the beginning to the end. With the variety of estate planning tools available,...
When planning for retirement, there are several important estate plan factors that we focus on at Phelps LaClair. The first is protecting the wealth you have worked so hard to acquire. The second is the best way to pass on your wealth to the next...
As a second generation estate planning law firm, we at Phelps LaClair understand the anticipation of retirement. Retirement planning, like estate planning, requires an honest assessment of your dreams, desires and goals for your golden years. Estate planning deals with your assets: financial accounts, real...
Which are the best vehicles for estate planning: living trusts or limited liability corporations? Phelps LaClair has prepared thousands of estate plans for our clients in the Phoenix Valley. We can say with certainty that there is no “one size fits all” estate plan. Some...
Failing to plan is planning to fail. That may seem over the top, but if you don’t have a life plan in place, you are at the mercy of circumstance. If you are one of our clients, you already know that your estate plan is...