FAQ

1. What exactly is an Inheritance Cash Advance?

The inheritance process in the United States takes an average of 17 months to distribute funds to the rightful heirs. An inheritance cash advance allows heirs to access their inheritance immediately when the estate opens rather than waiting for it to close.

2. Are there any risks or fees associated with applying?

No! There is absolutely no cost or obligation associated with applying for an advance. Consult with one of our knowledgeable Funding Officers to discuss your inheritance, the estate, pricing, timelines, etc. all for no charge.

3. Who is eligible to receive a cash advance from IFC?

Any heir inheriting at least $17,000 from probate estate which is already open or is in the process of being opened is qualified for a probate advance. If you aren’t sure how much you are receiving or if you’re receiving less than $17,000, feel free to still call us for a free consultation.

4. Does the advance affect other heirs in the estate?

No! This is understandably a common question for many of our clients. Our transactions are strictly between IFC and the specific heir who received the advance. The estate as a whole and the other heirs’ share are never affected by our advances. When the estate is ready to distribute, if there isn’t enough for IFC to be paid in full out of our client’s specific share, we simply take the loss.

5. Are there minimums and maximums for cash advanced by IFC to an heir?

Generally, IFC’s advances range from $5,000 to $250,000. As a general estimation, assume the advance cannot exceed 30% of an heir’s expected distribution from the probate estate.

6. How much does it cost to get an inheritance advance?

The cost involved with an advance is dependent on a number of specific factors such as