family estate planning Tag Archives

29 Sep How to Leave Unequal Inheritances Without Causing a Family Rift

Posted at 07:24h in Estate Planning by Phelps LaClair Law

When it comes to leaving an inheritance, every family’s situation is unique. As an estate planning firm in Arizona, one of the most sensitive topics we encounter with clients is how to deal with an unequal inheritance. While it may feel easier to divide everything...

family business transition, transfering a family business, how to pass on your company to the next generation

22 Jul How Do I Pass On My Family Business?

Posted at 18:07h in Business Owners by Phelps LaClair Law

When it’s time to retire and you’re a business owner, leaving isn’t as simple as just picking a day on the calendar. It requires thought, communication, and legal action. If you intend to pass your business on to your children, grandchildren, or other family members,...

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...

family of five walking through field holding hands

19 Jul How to Divide Your Estate Fairly

Posted at 21:20h in Estate Planning by Phelps LaClair Law

Many people dread the thought of estate planning because they don’t know how to split up their assets equally. But not having an estate plan at all can lead to serious disputes between your loved ones. Although dividing an estate isn’t a one-size-fits-all task, there...

17 Nov How to Talk to Your Spouse and Other Loved Ones About Your Final Wishes

Posted at 12:15h in End of Life, Estate Planning by Phelps LaClair Law

It’s never an easy discussion, but it’s a necessary one. The best way to ensure that your last wishes are honored when the time comes is to communicate them to your loved ones. Talking to your spouse, domestic partner, or other loved ones about your...

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