When you lose a loved one, you may find that both your emotions and your finances are in terrible turmoil. You may be struggling to pay bills while you wait for your inheritance funding to come through. There are businesses that can help you gain access to funds while your inheritance works through the legal process.
This Funding is Not a Loan
The inheritance funding available is not a loan. Instead, you can get an advance on your projected inheritance, whether it’s going through probate or is part of a trust. Probate can be time-consuming and may leave you short of crucial funding to pay your household bills or even to buy groceries.
You can get your probate advance in just a few days. The company providing you with the advance will charge a fee, but they won’t be paid until your inheritance clears probate.
You Can Take a Partial Amount
It’s also possible for you to take a partial amount of your projected inheritance. The remainder will pay out, minus the probate advance fee, when the final inheritance pays out. The form in which your inheritance is held will need to be considered. If you are the recipient of an inheritance through a trust, you need to know if the inheritance is liquid or tied up in physical assets.
Your trust can pay out quickly if it’s held in cash. If it’s held in something that must be converted, such as a business or a building, the pay-out will take longer.
The professionals at My Inheritance Cash can help you determine the best way to access your projected inheritance. Check out your options on their website, myinheritancecash.com.
