A Pet Trust legally specifies your desires for the ongoing care of your much-loved family pet after you’ve passed away or become incapacitated. In the first blog post of this two-part series about Pet Trusts and Estate Planning, we introduced the concept and explained why...
We've all heard exercise can be beneficial to our whole being, but have we taken the time to understand or pay attention to how exercise improves our lives? Phelps LaClair believes in living well in the present, and we also believe in preparing for the...
Having an updated Power Of Attorney (POA) is a vitally important component of estate planning. It is a common mistake for individuals to let their initial POA paperwork expire or become outdated, which can negatively affect the distribution of their inheritance. At Phelps LaClair, located...
Preparing for the future is an important part of life. An Individual Retirement Account (IRA) is one very common financial investment that includes tax benefits to help people save for their golden years and pass on an inheritance to successive generations. But if plans haven't been...
When establishing your estate plan and considering your asset protection options there are a lot of things so consider before we can establish which trust is best for you. Phelps LaClair understands and works with all kinds of trusts, including revocable and irrevocable trusts for...
Who We Are In the early 1980’s, Stephen Phelps, an Arizona native, closed his piano studio and decided to help bring peace of mind to people through preparing living trusts. He worked to educate people on what a trust is, how it benefits them, protects them,...
We Know What Works Most first generation estate planning law firms have very little experience implementing living trusts in real life. However, at Phelps LaClair, we don’t just design living trusts on the “front end,” we also implement them on the “back end.” We have decades...
During the 40-plus years that Phelps LaClair has been designing and implementing Arizona Living Trusts, our real life experience has proven that a Living Trust is not just a bunch of words on paper; rather, a Living Trust is a critical tool that makes the...