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Does a probate advance affect the other heirs in an estate?

Probate Heirs

Probates are complex, and they take a long time. Average probate can stretch out for anywhere from nine to 24 months. The fact that all that time you’re dealing with the passing of a loved one makes this period even more trying.

Things get even more complicated when there are several beneficiaries. It is not uncommon that during the mourning period, which is already spiked up with emotions and tension, arguments between family members and heirs abound. 

Losing a person close to you is tough, regardless of the circumstances. When the emotional cost gets interlaced with the financial costs of the funeral, paperwork, and the long probate wait, everything gets that much tougher. 

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No, not, accepting an inheritance advance does not have an impact on other heirs or beneficiaries involved in the estate. Actually, it only affects the heir who’s actually taking the advance themselves. We’re actually stepping into the shoes. If you want to look at it that way, we’re actually stepping into the shoes and buying what’s called a beneficial interest. In other words, if you, as an example, had 50% share, let’s say in the estate, we’re just buying a percentage of that 50% of yours. So it doesn’t affect anybody else in the estate.
It doesn’t impact the estate at all. And at the end of the day, it doesn’t elongate the process. It’s only the error themselves that was taken in advance that ultimately it affects.

Don't Wait for Probate

Don’t worry about other heirs or beneficiaries when you get an advance

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The goal of Inheritance Advanced is to provide help in those trying times when everything seems to go downhill. With us, you don’t have to wait until the court finishes its job or depend on your cousins and siblings to split the inheritance

Life moves on fast, and you will face various expenses, whether you like it or not. Getting what your loved ones left you as soon as possible lessens the stress at least a little bit. With Inheritance Advanced, the process is easy and fast:

  1. Everything starts with a free consultation. It’s not obligatory in any way. You can contact us and schedule your no-strings-attached appointment, hear what our funding executives have to say, and ask any questions you might have about how everything works. If you decide it’s not for you, there are no consequences whatsoever. If you decide to go through with it, we will guide you in a straightforward and transparent manner.
  2. Send us your documentation. Once you initiate the process, we will need to check some of your documents to see how much money you can get, and if there are enough assets to qualify for an advance.
  3. Wrap everything up by signing the contract and receiving your money. If the paperwork clears, you will sign the contract and get the advance wired instantly to your account. We will wait for your probate to end, cover the expenses of your advance, and you will receive the rest of your inheritance. It’s that easy.

Estate Planning

FAQ's about Inheritance advances and Heirs

The answer is no, an inheritance advance does not affect any of the other heirs in the estate. When you engage in a cash advance based on the size of your estate inheritance, the transaction and agreement is strictly between you and inheritance advanced funding company. The entire estate as a whole and the other heirs, executor, personal representative and any beneficiaries are never affected by an advance amount or agreement. If there is not enough money to at the time of the estate closing for us to be paid back fully, we take the loss. It’s our risk of doing business.  This is also one of the benefits of receiving an advance over a probate loan.

If there is not enough money in the estate to pay us back then we do not get it. Our advance is not collateralized so we only receive our portion of the inheritance that you sign over, and nothing more. If it isn’t enough because of an unforeseen issue, then we take the loss.

Inheritance Advanced is more convenient than taking a loan from the bank!

With our help, there is no need to get into yet another loan at unfavorable conditions. Inheritance Advanced gets you what already is yours fast, easy, and risk-free. Here’s what gives us an advantage over any bank:

  • Use the money the way you want to—it’s not our business
  • It doesn’t matter if you have a good or bad credit score
  • There are no hidden fees—once we quote you upfront, that’s all you will have to pay
  • The process is fast and easy—it takes as little as three days, and everything is done online

You can leave other heirs to wait the probate out, but you don’t have to do it. If you want to put your inheritance to good use right away, don’t hesitate to reach out to us and schedule your free consultation today. 

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Legal Disclaimer: Please note that Inheritance Advanced is not a lender. Inheritance advance does not provide probate loans, inheritance loans, or estate loans, rather, an advance on a portion of proceeds signed over to Inheritance Advanced. Inheritance Advanced is also not a probate attorney and any information in this article should not be misconstrued as legal advice. We recommend that you seek the advice of an attorney, CPA, and tax attorney regarding any decisions pertaining to your probate.

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Our Inheritance Cash Advances help heirs receive a portion of their inheritance payout in just a few days. We then wait and are paid directly out of your share when the estate finally closes. We wait for probate so that you don’t have to. Click below and fill out our short form to receive an advance immediately.

Probate Costs

Get Your Inheritance Money Now!

Our Inheritance Cash Advances help heirs receive a portion of their inheritance payout in just a few days. We then wait and are paid directly out of your share when the estate finally closes. We wait for probate so that you don’t have to. Click below and fill out our short form to receive an advance immediately.

Probate Costs

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