Georgia Probate | Inheritance Advances in Georgia
If you’ve recently lost a loved one and are feeling overwhelmed by the probate process, thousands of heirs worldwide feel the same way. That’s why at Inheritance Funding, we strive to make receiving your inheritance as simple and painless as possible. We’re proud to be the biggest and most experienced probate cash advance provider in the nation, acting as a company you can trust.
The Georgia Probate Process
The state’s inheritance laws declare that when a resident passes away, their respective heirs must settle the estate through Georgia probate. Probate is a legal process where the court system allocates a deceased person’s assets to the appropriate inheritors. Though Probate Court sounds simple in theory, it’s actually quite complex. Unfortunately, you cannot collect your share of the money until probate ends, which may not be for months or even years.
Can I Collect My Inheritance Money in Georgia Sooner?
If you’re shocked at how tiresome and time-consuming Georgia probate can be, you’re not alone. Most heirs are dismayed to hear how long they’ll have to wait to access money that’s legally theirs. However, you can forgo the probate proceedings and get your inheritance instantly through a reliable approach.
At Inheritance Funding, we’ll set you up with a probate advance so you can collect your cash without waiting. We’ve streamlined our inheritance process to be as quick and straightforward as possible. We’ll start by requesting some basic information about your share of the estate, including the amount of inheritance money you wish to receive. Then, we’ll walk you through a few quick forms and send you a portion of your share that same day.
Most Common Questions About Georgia Inheritance Law
Do you feel confused about the Georgia probate process? If you don’t have a legal background, you may have concerns. Here are some answers to common questions about inheritance laws in Georgia.
Does Georgia Require Probate?
You must go through probate in Georgia if the person who died owned assets only in their name. In other cases, probate won’t be necessary.
Is There a Way to Avoid Probate in Georgia?
You can avoid probate in Georgia when an asset is in someone else’s name as well as the name of the deceased. Some examples include:
- Retirement accounts
- Payable-on-death back accounts
- Living trust
- Joint tenancy
- Life insurance proceeds
How Long Does Georgia’s Probate Process Take?
It generally takes eight to 12 months to complete probate in Georgia. If anyone disputes the will, the process will take longer.
How Long Can You File Probate After a Georgia Resident Dies?
Georgia law states that you must file probate within a reasonable amount of time following someone’s death. You can’t file after longer than five years.
What Happens if Someone in Georgia Dies Without a Will?
Sometimes, a person dies without a will because they are young and never got around to making one, or they hadn’t yet decided what to do with their estate. If someone has no will, then their remaining heirs will divide their assets left over after all debts have been paid. Usually, the court appoints a surviving spouse or child as the administrator of the estate.
Does Inheritance or Estate Tax Apply in Georgia?
In 2014, the Georgia estate tax was eliminated — you no longer have to pay an estate tax in Georgia for deaths before 2005. The state doesn’t have an inheritance tax either, though if the person you inherit from lives in a state with an inheritance tax, then you may be subject to that rule.
Regardless of the state tax situation, heirs are subject to federal estate tax. If the estate is worth more than $12.06 million, you may owe inheritance tax.
How Are Spouses Affected by Georgia Inheritance Law?
Your spouse will inherit the whole of your estate if no surviving children are present. If you have a spouse and more than one child, then your spouse gets a third of your estate, and the rest is split among the kids. In cases where you have a spouse and a single child, the estate will be split evenly between them.
Where Can I Get a Georgia Inheritance Advance?
You can get an inheritance advance in Georgia no matter what county you’re from. We serve heirs from all over the state, including:
- Fulton County
- Cobb County
- Gwinnett County
- DeKalb County
- Chatham County
- Cherokee County
- Henry County
- Clayton County
- Forsyth County
- Richmond County
- And more
Our Probate Cash Advance Process in GA
For inheritors looking to ditch Georgia probate and get the money they deserve now, IFC is the solution. We’ve developed a four-point process that’s as fast as it is easy, starting with a free consultation with one of our friendly staff members and concluding with instant payment.
As America’s trusted probate cash advance provider, we set ourselves apart with the IFC advantage:
- Immediate inheritance: Our process is quick and convenient and can be completed via your mobile device.
- Cash without credit checks: We’ll never deny you your cash advance based on your income, credit score or employment history.
- No risk of recourse: You won’t be in charge of paying us back, and we’ll take the loss if the estate doesn’t have the money to repay us.
- Zero added expenses: We’ll never charge monthly fees, add extra costs or impact other heirs in the estate.
- Lowest price available: We can challenge offers from other companies to get you the lowest price.
- Money for your needs: You’ll get to use your inheritance money however and whenever you choose.
Get an Inheritance Advance in Georgia
You can skip the Probate Court and receive your Georgia probate advance instantly through IFC. We have over 25 years of experience getting inheritors the money they deserve all over the country.
Contact us to get your free quote today!