How Long is The Probate Process?

Navigating the Probate Process: Factors Affecting Duration According to California law, unless a federal estate tax is filed, the personal representative must finish the probate process within a year of being appointed. The personal representative in this situation may have 18 months to finish the probate process. The personal representative is required to submit a…

Hand signing a will - Understanding what is a will and its importance in estate planning.

What Exactly Is the Will?

What Is a Will and Its Components? A will is a formal document that specifies what is a will and how you want your possessions and financial resources to be divided up after your death. Additionally, it might detail your desires for the care that will be provided for your children in the event of…

A scenic pathway with trees on both edges leading to a probate court, representing the disadvantages and challenges of probate process in estate planning.

What Drawbacks Does Probate Have?

The Disadvantages Of Probate Estate Planning Attorney Joseph Hudack knows that there are numerous drawbacks to probating a will. The probate procedure is pricy, drawn-out, and intrusive. Costs associated with the court, legal counsel, personal representatives, bonds, and accounting all add up. The cost of probate typically ranges between 3% and 8% of the gross…

A white door with a welcoming sign that says 'Welcome.' Illustrating the inviting ambiance of a homeowner's house after HOA dissolution. Discover what happens when an HOA is dissolved.

The Truth About Disbanding a HOA (Part 3)

What Happens When An Hoa Is Dissolved? Estate Planning Attorney Joseph Hudack says that after the HOA was disbanded, homeowners may have to deal with various everyday problems that the HOA had previously taken care of: Who will care for the condominium building’s external and structural components, for instance, if the HOA is a condominium…

Aerial view in autumn showing homeowners and their houses. Symbolizes the community affected by terminating a homeowners association.

The Real Story Behind Terminating a Homeowners Association (Part 1)

Terminating a Homeowners Association Technically, yes, but practically, it is impractical due to the difficulty. Most homeowners have not given legal or practical considerations any thought when it comes to terminating a homeowners association (“HOA”). Therefore, as was covered in this article, homeowners should exercise caution before attempting to dissolve their HOA and speak with…