I repeatedly hear from clients that they are worried about an adult child losing his or her inheritance to creditors or a divorcing spouse. These are valid concerns. If a child owes money to the IRS or other creditors, an inheritance can be grabbed to satisfy the debt. Similarly, if a child receives an inheritance… Continue Reading
Bothell attorney bothell wa lawyer estate planning lawyer bankruptcy lawyer bothell wills and trusts attorney
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.
Celebrating Seniors
Join us on September 12 from noon to 6 pm for the annual event Celebrating Our Seniors: A Healthy Aging Fair. This year the event will be held at Bothell Country Village during the weekly Farmer’s Market. Live entertainment, games, giveaways and more! Come join the fun!
Understanding Your Health Insurance
It seems rather simple – turn 65 … go on Medicare … problem solved. But the reality is sometimes different. Failing to understand how your health insurance coverage works can be costly. Drew Grider, President of the Retirement Network, learned this lesson just in time when a 67-year-old client of his scheduled surgery just days… Continue Reading
Bothell’s Legal Community
You may or may not have noticed but the winds of change in Bothell’s legal community are blowing. One Bothell law firm has merged into a large Bellevue firm, and it appears that another legal landmark is changing directions as well. While we don’t practice in all of the same areas as these other firms,… Continue Reading
No Bankruptcy Protection for Inherited IRAs
Back in January I wrote a post about a case going before the Supreme Court about whether an inherited IRA would be protected in bankruptcy. Well, it’s June and that means the Court is churning out its end-of-term decisions, including the inherited IRA case In Re Clark. In short, inherited IRAs do not receive protection… Continue Reading
