Settling a Revocable Living Trust
Settling a Revocable Living Trust

What happens after the grantor of revocable living trust dies? Phelps Law, serving Mesa, Chandler, and Phoenix, has heard this question hundreds of times. In fact, revocable living trust distribution is one of the things written into every trust we design. But if you have...

do i need an estate plan
Do I Need an Estate Plan?

A common question we are asked at Phelps Law is, “Do I need an estate plan?” As a second generation estate planning firm with 35 years of experience in serving the Phoenix Valley, we believe, no matter how large or modest the estate, everyone can...

how to find an estate planning attorney
How To Select an Estate Planning Attorney

Phelps Law, serving Mesa, Chandler, and Phoenix, is a second generation estate planning firm. With a population of 4.7 million people, the Phoenix metropolitan area is an enormous client base for us. As much as we would like to, we know we can’t possibly serve...

Medicaid vs Long Term Care Insurance
Medicaid vs Long Term Care Insurance

  It’s a known fact that the longer you live, the older you get. And more people are living longer today than at any time in the past. As a result, it is projected that most Americans over 65 will need some type of long-term health...

6 tips for DIY bicycle maintenance
6 Tips for Easy DIY Bicycle Maintenance

At Phelps Law, we think it’s a great time of year to be outdoors in Phoenix. The weather is not too hot, spring flowers are in full bloom, birds are singing, and there is beauty everywhere! One of the best ways to enjoy exploring new...

can you dissolve a trust
Can You Dissolve a Trust?

At Phelps Law, we are estate planners with more than 35 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...

Living Will vs Living Trust
Living Will vs Living Trust

In the world of estate planning, there are similar terms that define very different planning goals. For instance, at Phelps Law, we hear this question a lot: “What is the difference between a Living Will and a Living Trust?” As a 2nd generation law firm,...

divorce and trusts
Divorce and Trusts

Nobody gets married planning to divorce down the road. But sadly, nearly half of all marriages do end in divorce. As estate planning lawyers with 35 years of experience, Phelps Law knows what happens to a trust in a divorce. Wills Wills and trusts are different, of...

trust distribution tax
Trust Distribution Tax

Every April the Internal Revenue Service comes knocking on the door, looking for 1040s, 1099s, Schedule Cs, and a check for the bottom line. At Phelps Law, serving Mesa, Chandler, Gilbert, and the Phoenix Valley, we are sometimes asked by our clients if they will...

Revocable Living Trust Myths
Revocable Living Trust Myths

Phelps Law, serving Chandler, Mesa and Gilbert AZ, is a second generation estate planning firm. In consulting with thousands of clients over the years, we have learned there are many misconceptions about wills and trusts. Here are 3 of the most common Revocable Living Trust...