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Hugg & Associates PLLC is a boutique law firm providing client-centered services to individuals and businesses. Our practice focuses on all aspects of elder law, estate planning, asset protection, business succession planning, probate and trust administration. If you are a business owner, in addition to the above services, we are experienced business, real estate, and contract law attorneys.

Social Security and Medicare Part B Increases for 2017

Social Security and Medicare Part B Increases for 2017

Monthly Social Security and Supplemental Security Income (SSI) benefits will increase 0.3 percent in 2017.  The 0.3 percent cost-of-living adjustment (COLA) will begin with benefits payable to more than 60 million Social Security beneficiaries in January 2017.  Increased payments to more than 8 million SSI beneficiaries began on December 30, 2016.  The Social Security ActContinue Reading

A Positive Outlook Can Lead to a Longer, Healthier Life

A positive outlook tends to make life more enjoyable than a negative outlook.  Wallowing in pessimism for most people is not the best way to go.  You could say – generally speaking – that optimists have more fun.  But there’s more to being a positive person than simply enjoying life.  There is now some evidenceContinue Reading

Living Trust and Your Mortgage

Many people, hoping to avoid probate, create an estate plan that includes a Living Trust.  In order to make this type of plan work to avoid probate, you must transfer ownership of your home (or other real property to the trust).  If you have properly transferred your real estate and other assets to your livingContinue Reading

10 Things an Estate Plan Can Do For You

     Provide support and financial stability to your spouse, children and grandchildren.      Preserve your wealth for later generations.      Make sure your wishes are carried out when you can no longer manage your affairs.      Support a favorite charity.      Distribute assets in a timely fashion.      MinimizeContinue Reading

Get Serious About Creating Retirement Income

Worried about retirement income?  In a recent survey by the American Institute of Certified Public Accountants, 41% of CPA financial planners said that running out of money was their clients’ top financial concern when planning for retirement, and fully 70% said depleting savings ranked among their clients’ top three worries, along with maintaining their currentContinue Reading

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