We all want our Living Trust to work properly when the time comes. But sometimes knowing which assets to include in your Living Trust can be confusing. Phelps LaClair, located in Gilbert Arizona is here to help with your estate planning needs and to ensure...
Mother’s day is coming up, and that means Moms all over the world will be honored for their nurture, training, and love. If you’re a mother, we want you to know we value your role as an influencer more than any other person’s role in...
Every parent has their child’s well being front and center in their thoughts each and every day. For those parents of special needs children, it is almost non-stop around the clock. Perhaps their greatest concern is, “what will happen to my child after I die?”...
Wondering what you will have to do if someone names you as trustee or what you’re really asking of the person you want to name as trustee? Understanding what the duties and responsibilities of a trustee entail can help make accepting or assigning the role...
You have probably heard over and over again that avoiding probate is a good idea, and that’s because it’s true! If you’re dealing with an estate in probate, you will face court costs, legal fees, and time lost. A slow-moving legal process, probate court cases...
It’s important for you to have an estate plan that works for you and your family—not a boilerplate plan written by someone unfamiliar with your situation. An estate tax planning advisor is a key element to creating the most effective plan for you. What is estate...
At Phelps LaClair, we are estate planners with more than 40 years of experience in creating exceptional estate plans. We have served thousands of satisfied clients in the Phoenix Valley to enable them to protect their assets and successfully pass on their wealth when they...
Phelps LaClair firmly believes that estate planning is one of the most important financial arrangements you will ever make. It makes your end-of-life wishes known and brings families great peace of mind. It determines how your assets are distributed among your spouse, descendants, and friends...
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...
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...