1555 Palm Beach Lakes Blvd Suite 1410

West Palm Beach, FL 33401

24/7 Customer Support

What Is a Donor? Definition, Uses and Importance.

Jump To Section

Copy the following HTML iframe code to your website:

Share This

A person who donates their property to another, in the form of a trust. He or she voluntarily transfers property or money to the donee, with little or no exchange of value on the recipient’s part. 

After a donor willingly and unconditionally transfers ownership of a property to the donee, it’s impossible for them to take it back.  The IRS can permit deduction of taxes from certain donated properties. 

In some cases, a descendant’s wish may not necessarily be property or money. Organs can also be donated. Upon the deceased’s death, the executor will inquire to see if they registered their organs for donation. Then, arrangements can be made for collections to start

« Back to Glossary Index
Search for more common probate terms
Search

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
Play Video

If you are an Heir or Executor to an Estate, You Don’t Have To Wait For Probate!

Inheritance advanced Logo
comodoCreated with Sketch.
employee_ownedCreated with Sketch.
bbbCreated with Sketch.
customer_satisfactionCreated with Sketch.

Inheritance Advanced is an inheritance funding company, not a lender. We offer Inheritance Cash Advances which are a new and innovative option for heirs to receive the immediate cash they need during challenging times. This program allows an heir the benefit of receiving immediate money, in exchange for their future inheritance.

Inheritance advances are a way for heirs to receive immediate funds without providing credit or employment verification and they don’t require collateral. You also will not be responsible for high monthly interest payments like probate loans or inheritance loans.