Does a Probate Advance Affect Other Heirs?

There’s no way around it — the probate process is long. Taking a decedent’s will or estate through court-ordered probate frequently keeps all assets in limbo for months or even years.

As an heir or beneficiary, you may depend on the money, property and other assets tied up in this process. Maybe your loved one’s funds would help you cover your mortgage or everyday expenses, and you can’t wait any longer to reclaim financial stability.

Probate advances allow you to access your inheritance before the end of the legal process and use the funds as you see fit. However, before you apply for one, you may have some questions, like whether a probate advance will affect your siblings or other beneficiaries you’re splitting the estate with.

Why Probate Advances Don’t Affect Other Heirs

In most cases, anyone can get a probate advance, even if they split the estate with other heirs. A probate advance will not affect other heirs because you only apply to receive your part of the decedent’s estate. Other beneficiaries can choose to apply for their own advances or wait until the probate process resolves.

When you partner with an inheritance advance service, you essentially allow them to take over your role as one of the heirs. Imagine that a decedent’s will should be split between you and two of your siblings. When you apply for a probate advance, you ask the advance service to give you up to half of your share of the total inheritance upfront.

This process is similar to getting a loan, except you won’t be on the hook to repay the advance service or pay interest, even if probate lasts years after the exchange. If the service accepts your application, you’ll receive your advance right away. After probate, the remaining two heirs will receive their shares. Your share of the total inheritance will be used to pay the advance service, and anything left over from your portion will go to you. You will be the only one affected by your transaction.

Let Inheritance Funding Provide Your Probate Advance

At Inheritance Funding, we want you to have the money you need to take care of yourself and your family through this tumultuous time. While we can’t speed the probate process along, we can give you some peace of mind by providing your probate advance. When you apply for an inheritance advance, we’ll process your request immediately and send your money right away. Expect the best from the oldest, largest inheritance cash advance provider around.

When you have your money, you won’t have to think about the probate process. We’ll monitor the court proceedings and collect our share of your inheritance when the case closes. Even if the case ends up distributing less than your advance to us, we’ll take the loss directly, just as we’ve done since 1992.

We know what’s important to you and your family after a loved one’s passing. Our services provide ease and expedience so you can move forward in grieving and caring for those you love. Bring us your questions today, and submit your application for immediate funding.