Getting your inheritance might seem like more trouble than it’s worth. It’s a long process, tightly wrapped in red tape, and spiked with the sadness for the loved one who passed away.
We spoke With John Marsano Of Inheritance Advanced who commonly deals with individuals seeking early probate distributions.
He states, the period right after a family member goes on to a better place tends to be difficult in more ways than one. Emotionally speaking, it’s trying enough, but it also takes a toll on your finances. With the expenses connected to the funeral—among other things—it would be a huge relief to receive a portion of your inheritance in advance.
With that, we’ll get right into how an inheritance advance works..
How An Inheritance Advance Works
First decide if you want to get a probate loan or a probate advance. You might want to research the differences of a probate loan or if you are looking for an advance on your inheritance because they are different.
- You contact a funding company and ask for a consultation. It’s free, and there are no strings attached. If, after the talk with our funding executives, you decide that you don’t want an advance on your inheritance, that’s fine by us! Should you choose to take advantage of the opportunity, though, our executives will explain the entire process and the pricing system. If you have any questions left, they’ll answer them right at the start.
- You provide the funding company with the documents we need to establish your eligibility for an advance. We will confirm that there are enough assets for an advance. Depending on the amount of money you’re going to inherit, you can receive from $5,000 to $500,000 in advance, and we’ll establish the exact amount in this step.
- You sign the contract and receive your cash. Everything can be done in as little as three business days. After the probate goes through, we take the money directly from your share, and you receive the rest of your inheritance.
What are the benefits of asking for an inheritance advance?
In a difficult period, you welcome everything that can make your life a bit easier. Not having to worry about the astronomical expenses of a proper funeral is a tremendous relief, but it’s far from the only benefit of an inheritance advance. If you have any urgent expenses or good deals coming your way, you’ll appreciate the opportunity to deal with them quickly.
- An Inheritance funding company isn’t concerned about the whys. It’s your money, and you can do whatever you want with it. Your purpose for getting the advance is in no way connected to whether or not you’ll actually get it.
- An Inheritance funding company doesn’t get into your credit score or paychecks. The only thing that determines whether you’ll get the advance is the estate you’re supposed to inherit.
- You don’t have to wait for years to get your money. You can get it in about three business days. Since the probate period never lasts less than a year and can go on for significantly more than that, skipping the wait can mean a lot to people in a difficult situation.
The Risk Of A Probate Advance
You contact a funding company to talk about their services. It is free. If you do not want them to give you money for your inheritance, that’s fine! If you want them to help, they will explain the process and tell you how much it will cost. You provide some documents for the company to confirm that you are eligible and they will tell if there are enough assets for an advance.