- Estate Planning Blog -

Advantages & Disadvantages of an Irrevocable Trust - lock and key on a bed of chains
Advantages & Disadvantages of an Irrevocable Trust

When you’re looking to protect your assets for future generations, calling on the expertise of an estate planning lawyer is a smart idea. At Phelps Law Firm we’ve been helping families in the Phoenix Valley choose the right estate planning vehicle for their needs for...

estate planning with blended families - clipart silhouette of people of various heights
Estate Planning With Blended Families, Part 2

In our most recent blog post we began a series on estate planning for blended families. With the rise in divorce rates in our nation, blended families are becoming increasingly common. And these families have estate planning needs that are more complex than nuclear families....

Estate Planning With Blended Families, Part 1 - several couples
Estate Planning With Blended Families, Part 1

At Phelps Law, we understand that blended family estate planning is often a complex challenge. In our 40+ years of existence we have helped many families navigate how to protect assets, plan for the possibility of long-term care needs, and determine how to distribute the...

update your estate plan - rows of numbers in a table
The Best Time to Update Your Estate Plan

In some of our recent blog posts at Phelps Law we have been writing about celebrities who have died without a will or trust in place. In most cases, the lack of planning comes down to procrastination. But even for folks who do have an...

estate planning - three people talking
James Phelps on Your Life Arizona

James Phelps was interviewed on TV3’s Your Life Arizona this past week and answered some questions about estate planning. James is the managing partner at Phelps Law, with offices in Phoenix, Chandler, and Mesa. Phelps Law is approaching their 40th year in estate planning.   During the...

benefits of estate planning - person holding burning currency bills in a fan-like arrangement
Aretha’s Handwritten Will(s)

Aretha Franklin has been in the news this week. She died last August without a will, and her estate of $80 million dollars has been tied up in probate court. It was announced several days ago that as some of her belongings were being moved...

Settling a Revocable Living Trust - tombstone in a field full of tombstones
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 - person sitting in front of a desk with laptop
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 40 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 - large mansion with garden
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 - two people sitting on a bench looking out across water
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...