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When someone passes away, their will helps settle their estate according to their wishes. But what if that will was written entirely by hand? In Maryland, handwritten wills—called holographic wills—create challenges during probate. Knowing how state law treats them...
Creating a trust is an important part of your estate plan, but the process doesn’t end with signing the document. To make your trust work the way you want, you must fund it properly. Funding means transferring ownership of your assets into the trust. Without that...
Thinking about future healthcare decisions can feel overwhelming, but having the right documents in place gives you control over your medical care. These documents ensure that your wishes are respected if you cannot speak for yourself and provide guidance to those who...
If you have a loved one who can no longer make certain decisions on their own, you may hear the terms guardianship and conservatorship. While both give someone legal authority to act for another person, they serve different purposes under Maryland law. Understanding...
Elder financial abuse continues to rise, and it can drain both savings and security. Families search for ways to protect loved ones, and one option they often consider is a power of attorney. But does it truly safeguard older adults from being taken advantage of? How...
Ally Legal Planning is excited to announce that the founder of Walsh & Company, Jim Walsh, has joined our team as Senior Attorney. Jim has over 35 years of legal experience practicing in the areas of estate planning, trust and estate administration, tax,...
Royalties from books, music, artwork, or other creative works can provide long-term income. Artists, authors, and their heirs must decide how to protect and manage these rights. A trust offers a powerful way to keep these assets productive and to ensure the creator’s...
Preparing for long-term care may not feel urgent, but delaying the process can reduce your options and increase your costs. Beginning your planning early gives you greater control over your future care, protects your assets, and eases the burden on your loved ones....
Caring for a loved one is a big responsibility. You may be helping with meals, doctor visits, medication, and more. But did you know that family caregivers in Maryland may qualify for certain types of compensation or benefits? Medicaid programs that pay family...
In Maryland, guardianship can be temporary, though it often becomes a long-term arrangement. Understanding when temporary guardianship works and how it functions is essential. While it’s commonly viewed as a permanent solution, certain situations call for a temporary...