Ally Legal Planning Legal Blog

Most of us have heard the term “power of attorney” and understand generally what that means. Put simply, a power of attorney is a legal document where you can choose the people you want to have the authority to make financial related decisions for you when you no...

What exactly is an advance directive?  In the simplest of terms, an advance directive is your way of retaining some control over decisions about your health care even after you no longer have the mental or physical capacity to do so.  This is accomplished by...

 What exactly is an ABLE account?  An ABLE account is a relatively new special needs planning tool that is designed to give individuals with disabilities more independence and control over their lives.  ABLE stands for Achieving a Better Life Experience, which is the...

(1) Marital status of you and/or your children (2) Birth or adoption of any children or grandchildren (3) Serious illness or possible mental incapacity of you or a family member (4) Creditor issues for your children and/or grandchildren (5) You want to make gifts to...

For many people, the mere mention of a prenuptial agreement makes marriage feel more like a business arrangement than the celebration of love and happiness that is intended when two people decide to spend their lives together. This notion, however, could not be...

We all know that we need have a Last Will and Testament drawn up to ensure that our hard-earned possessions and property are distributed in accordance with our wishes upon our death.  Having a proper Will is even more critical when we have minor children because the...

Whether you’ve professed the words yourself or heard them on TV, most of us are familiar with the time-honored traditional marriage vows of "to have and to hold from this day forward, for better, for worse, for richer, for poorer, in sickness and in health, until...