Taxation on Wills and Trusts? Part of wise estate planning is to understand laws concerning taxation of wills and trusts before you or your beneficiaries need to act on them. Phelps LaClair, serving Chandler, Mesa, Phoenix, Scottsdale, and Gilbert, has been helping clients with the ins...
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...
If you live in Arizona and you’ve been thinking about protecting your financial assets for the future, it’s wise to understand the state’s legal processes concerning wills and trusts. James Phelps is a second generation estate planning attorney at Phelps LaClair, serving Chandler, Mesa, and...
As the saying goes, experience is a great teacher. Added to two generations of legal know-how, experience has given Phelps law (in Chandler, Mesa, and Phoenix Arizona) tremendous foresight in setting up our clients’ estates for a successful future. We know what works and we...
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 It is a common mistake for individuals to let their initial POA paperwork expire or become outdated, which can negatively affect the distribution of their inheritance.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...
Each year as the holidays approach, we treasure the joy of celebrating with our extended relatives and our immediate family members. It's a time to reflect on the richness of family as we consider the past and look to the future. In order to assure...
Holidays are a time for joy, laughter, pretty lights, great decorations, and delicious food. We gather with friends and family, we connect with past acquaintances, we enjoy festivities and special events. And in the middle of all the activities that go along with holiday seasons,...
If you need special medical care, you make an appointment with a doctor who is trained in the field of medicine pertaining to your need. If you’re building a home, you want a contractor with a good track record, who does quality work. When it...
People sometimes have concerns about leaving an inheritance to a particular child or other beneficiary. They may be worried about this person’s ability to handle it wisely, whether due to age or responsible capacity. Phelps LaClair, with offices in Gilbert and Scottsdale Arizona, has years...