Question 1

What is an inheritance advance?

Accepted Answer

An inheritance advance (also called a probate advance) is a way to access a portion of your expected inheritance before probate completes. Unlike a loan, we purchase a portion of your future inheritance at a discount. There are no monthly payments, no credit check required, and repayment comes directly from the estate when it closes.

Question 2

Is an inheritance advance the same as a probate loan?

Accepted Answer

No, they are different. A probate loan is a traditional loan that requires monthly payments, interest charges, and a credit check. You are personally responsible for repayment. An inheritance advance is not a loan—we purchase part of your inheritance, so there are no monthly payments, no interest, and no personal liability. Repayment comes from the estate.

Question 3

How much of my inheritance can I access?

Accepted Answer

Typically, you can access up to 30-40% of your expected inheritance. The exact amount depends on several factors including the estate size, probate timeline, and other specifics. We'll provide a specific quote during the application process.

Question 4

What can I use the money for?

Accepted Answer

You can use your inheritance advance for anything you need. Common uses include paying funeral expenses, covering bills, paying off debt, preventing foreclosure, making investments, or handling any other financial needs. There are no restrictions on how you use the funds.

Question 5

Do I need good credit to qualify?

Accepted Answer

No. Credit scores are not a factor in our approval process. We base our decision on your inheritance and the estate, not your personal credit history. People with poor credit, no credit, or even bankruptcy can qualify.

Question 6

What documents do I need to apply?

Accepted Answer

Generally, you'll need: a copy of the death certificate, documents showing you're a beneficiary (such as the will or trust documents), and contact information for the estate attorney or executor. We'll guide you through exactly what's needed for your situation.

Question 7

Can I get an advance if the estate is in litigation?

Accepted Answer

It depends on the nature of the litigation. If your inheritance is being contested, it may affect eligibility. However, many types of estate litigation don't prevent you from qualifying. Contact us to discuss your specific situation.

Question 8

Is there a minimum inheritance amount?

Accepted Answer

We typically work with inheritances of $15,000 or more. If your expected inheritance is smaller, please contact us to discuss options, as we evaluate each situation individually.

Question 9

How long does the process take?

Accepted Answer

Most applicants receive their funds within 24-48 hours of approval. The entire process, from application to funding, typically takes 2-4 business days depending on how quickly we can verify estate information.

Question 10

What happens after I apply?

Accepted Answer

After you submit your application, our team reviews your information and contacts the estate attorney or executor to verify details. Once verified, we provide you with a formal offer. If you accept, funds are typically wired within 24-48 hours.

Question 11

Do I need to involve the executor or estate attorney?

Accepted Answer

We do need to verify information with the estate, which typically involves contacting the executor or estate attorney. This is a standard verification step and doesn't require much of their time. They do not need to approve your advance.

Question 12

What if probate takes longer than expected?

Accepted Answer

Your advance amount is fixed regardless of how long probate takes. If the estate takes 2 years instead of 1 year, you don't pay anything extra. We absorb that risk, not you.

Question 13

How much does an inheritance advance cost?

Accepted Answer

The cost varies based on factors like the estate size, expected timeline, and amount you're requesting. We purchase your inheritance at a discount, typically meaning you'll receive less than the full face value of that portion. We provide full pricing transparency upfront before you commit.

Question 14

Are there any upfront fees?

Accepted Answer

No. We don't charge application fees, processing fees, or any other upfront costs. You only pay when you receive your funds. If you're not approved, you owe nothing.

Question 15

How is the advance repaid?

Accepted Answer

Repayment comes directly from the estate when probate closes. The executor pays us our portion from your inheritance before distributing the remainder to you. You never have to make payments out of pocket.

Question 16

What if the estate has less money than expected?

Accepted Answer

If the estate has insufficient funds to cover your advance, we absorb the loss, not you. This is one of the key benefits of an inheritance advance versus a loan—there's no personal liability.

Frequently Asked Questions

About Inheritance Advances

Eligibility & Requirements

Process & Timeline

Costs & Repayment

Still Have Questions?

Ready to Get Started?