- Estate Planning Blog -

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How to Make Sure Your Stuff Remains Just Stuff (Not Fuel for a Family Feud)

People typically think about Estate Planning only in the context of their big assets. These assets could be their house, various investments, business assets etc.. But what about all the “little stuff” around the house? Phelps Law wants to clarify ways to help with estate planning...

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Paddle Boarding Bliss

We have gotten on board with the new craze; paddle boarding! Phelps Law has found that, after a day of providing trusts, wills, and documents to protect you and your loved ones assets, a great way to release is through paddle boarding. We believe in...

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Who Should Be Your Beneficiary

The easiest and clearest way to leave someone money, possessions, or valuables when you pass away is through choosing a beneficiary. The decision of who to make your beneficiary should be carefully considered and can change with significant life events or legal requirements. Making the...

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How to Pass on the Family Cabin

Over the 4th of July weekend, I came home from a trip to one of my favorite places on earth: Alpine, Arizona. This is where my family has had a cabin since I was 5 years old. The cabin itself doesn’t amount to much, but...

3 Ways to Pass on the Family Cabin - group of people sitting outside a cabin
3 Ways to Pass on the Family Cabin

Developing a cabin succession plan requires long-range planning that involves the whole family. Additionally, this may seem obvious, but cabin owners should confirm that each child or other prospective new owner has an interest in becoming a cabin owner. After it’s determined that there is cooperation...

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Funding Your Revocable Living Trust

Establishing your future through effective estate planning is a smart move that can save you time and money. Utilizing a living trust limits the risks of your assets being tied up in court by probate, can save estate taxes, and protect inheritances for your loved...

Arizona, desert, law, estate - desert shrubbery
Arizona Treasures Pt. 3: The Desert

Brown. Dry. Heat waves gleaming off the rocks. Cacti surrounding you. Thirst that seems unquenchable, and only sand in sight. Is this the picture you get when you think of the desert? Most people think of the desert as a wasteland that has nothing to...

assets, estate plan, law - rocks at edge of house by the seashore
Asset Protection: The In’s and Out’s

Trying to get your estate aligned on your own is a daunting task. Ensuring you do not miss any documents in and of itself can be stressful. Even then, how can you be completely sure you didn’t forget something to add to the plan? Are...

Sedona, arizona - view of greenery and mountains
Arizona Treasures Pt. 2: Sedona

Let’s paint a picture. Cooler weather, red sandstone in beautiful rock formations, green trees jutting out of the canyons, hiking trails for miles, and fun little shops to explore. Sound good? This describes another treasure in Arizona: Sedona. Phelps Law sees the need for your...

living trusts, wills, - rear view of toddler held by two adults
Revocable vs. Irrevocable Living Trust

When establishing your estate plan and considering your asset protection options there are a lot of things so consider before we can establish which trust is best for you.  Phelps Law understands and works with all kinds of trusts, including revocable and irrevocable trusts for...