What is an Inheritance Advance and How does it Work?
When a loved one dies, the family suffers in more than one way. It is an emotionally challenging time, and the finances only complicate the matters.
Many people don’t realize how expensive funerals are until they’ve had the misfortune of organizing one. Since most Americans live from one paycheck to the other, many families struggle when it comes to footing the expenses. If your loved one underwent medical treatment prior to passing on, there are probably medical bills to be sorted out as well.
We at Inheritance Advanced can help you get through this trying period.
What is an inheritance advance?
If you’re the heir to an estate, but the property you’re supposed to inherit is still in the probate process, you can get an advance on your inheritance. Depending on the amount of money you’re expected to acquire, you can get anywhere from $5,000 to $500,000 in advance.
There are plenty of benefits to getting an inheritance advance, including:
- Avoiding the long wait. Probate processes take forever to end. In most cases, the process will last at least a year and a half. In some cases, it can stretch over five years. If you opt for Inheritance Advanced, you can get a part of your money in three business days.
- Not relying on your bank statements, credit scores, or employment status to get the money. We don’t need to know any of these things. Your eligibility depends on nothing but the property you’re supposed to inherit.
- Not having to worry about repaying. When you get an advance on your inheritance, you don’t have to worry about paying it back. Once the probate period is over, we take the part of your estate you sold to us, and you get the rest.
How does it work?
People often regard inheritance advance as a type of loan. It’s a common mistake, but it’s far from the truth.
Don’t think about it as taking a loan—it’s more like making a sale. The gist of it is that you sell a part of your right to the property you’re about to inherit. In essence, we buy a part of your future property in advance, but give you the money now.
This means two things:
- There is no debt you owe and no set date by which you have to return it. We wait until the probate period is over, and then take the portion of your inheritance you sold us, and you get the rest.
- There is no personal liability. Unlike with loans, you will never be personally liable for delays, reductions, complications, and everything else that goes with red tape. Once we’ve bought the rights to a portion of your estate, we’ll wait patiently until the probate period is over. Once it goes through, we’ll take the money directly from your inheritance.
Get your money without fuss with Inheritance Advanced
You can have your money in about three business days, with next to no effort on your part. We want you to get through this period as smoothly as possible, so just say the word, and Inheritance Advanced will be there to give you a hand.
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