You’ve begun taking steps toward planning your estate. And rather than creating a will, you’ve decided to establish a trust fund, which, if funded properly, will enable your assets to be privately distributed to your loved ones without the delay or expense of probate court....
You want to take steps to set up a Living Trust for your family so that if something were to happen to you and your spouse, the trust would enable your hard-earned finances to be available to provide for your children. Should you give the...
When it comes to preparing for the future, Phelps LaClair, located in Mesa, Gilbert, Chandler, and Phoenix, AZ, is ready to come to your aid in every aspect of planning your estate or establishing your LLC. But when it comes to keeping your body and...
Living Trusts involve making wise decisions in order to protect your financial future. Good Living Trusts successfully designate who inherits your estate after you’ve passed away and when the finances are distributed. A good plan also protects your hard-earned finances and assets from loss and...
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...
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...
In our last two blog posts, we introduced several key concepts involved with Long-Term Care. In today’s blog post we’ll finish the 3-part series by highlighting possible solutions for protecting your estate’s assets from the prohibitive costs of Long-Term Care. At Phelps LaClair in Phoenix,...
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...
In our hectic world, so many things can change over a short period of time, especially matters concerning family dynamics, assets, and financial accounts. That is why at Phelps LaClair in Gilbert, Chandler, and Mesa, we encourage our clients to review their estate plans every...
“Kids! What’s the matter with kids today?” This famous song from Bye, Bye Birdie! Tells the feelings of both love and frustration that parents have concerning their children. At Phelps LaClair, we have experienced the deep emotions that parents go through when they are considering...