Aging is not easy. Life events such as divorce, a death in the family, unemployment or financial set backs may affect you negatively, emotionally and health-wise. However, science has shown that having friends that you age with are good for your health. Psychologically, friends are there for you when you need them, they can help… Continue Reading
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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.
The Top Mistakes People Make in Planning for Long Term Care
Top 7 Mistakes Thinking it’s too late to plan. It’s almost never too late to take planning steps, even if after a family member has begun to receive long term care. Giving away assets too early. Make sure you can take care of yourself first. Don’t put your security at risk by putting all of… Continue Reading
10 Benefits of an Estate Plan
A well thought out estate plan can provide many benefits. Here are just a few: 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… Continue Reading
How To Finance Your Relaxed Retirement
Have you thought about your retirement and long-term care? Are you prepared for the unexpected? The Long-Term Care Financing Collaborative began meeting in 2012 to address the fact that too few people have the resources to pay for long-term care. Currently, there are roughly 10-12 million adults who require long term supports and services (“LTSS”). … Continue Reading
Planning for Disability
Every American is likely to develop a disability in their life, some disabilities will be temporary. Because of this it is important to plan for disability at any age. In 2010, across all age groups, almost one in five people had a disability according to the United States Census and the statistics show that developing… Continue Reading
