Forming an LLC is a good way to protect your business assets in the event of a lawsuit or bankruptcy. However, if you’re considering creating an LLC, you may be wondering what happens to your ownership interest after you pass away. At Phelps LaClair, we’re...
A family business is a valuable asset that you’ll want to leave in the right hands after you’re gone. However, unless you make a plan for transferring your business, you will have no control over who gains ownership when you pass. The experts at Phelps...
Our estate planning firm, Phelps LaClair, is a second generation business serving Gilbert, Chandler and Mesa. Being the second generation, we understand how important it is to plan for the future. Estate planning for small business owners with a multi-generational business requires intentional consultation with...