Maine Probate | Inheritance Advances in Maine
Finances are just one of many things on your mind after the loss of a loved one. At Inheritance Funding, we’ll help you get your cash fast without dealing with Maine’s intricate probate process. You can depend on our 25 years of experience and over $200 million in advances to provide you with the best service.
Is Probate in Maine Required?
Probate refers to the legal process of allocating a decedent’s assets to heirs through the probate court. After a loved one passes, you must go through Maine’s probate process before receiving your inheritance. Probate court is designed to make sure that the estate follows the will and handles it with the care it deserves. To follow Maine’s probate rules, you should file probate within three years of your loved one’s death.
In instances where there isn’t a will, the state decides the distribution of the estate. Contrary to popular belief, the entire inheritance is not always passed to the surviving spouse. The amount a spouse collects is impacted by surviving parents, children, grandchildren and other heirs. In these cases, the state splits the assets accordingly. Maine inheritance laws do not require heirs to pay inheritance tax on the assets they receive.
How Long Does Probate Take in Maine?
Maine probate rules never make the process cut-and-dry. The process drags on to account for all rules and inheritance laws, which create delays that prevent your estate from settling right away.
You won’t be able to receive any of your money until after probate proceedings end, which is likely to be anywhere from several months to years later. That said, smaller inheritances can take less time to transfer and some assets may even be exempt from Maine probate, resulting in an immediate transfer to the heirs. This usually isn’t the case for most probate proceedings.
Is There a Way to Access Your Inheritance Money Sooner?
If you’re frustrated with the complexity and lengthiness of the Maine probate checklist, you’re not the only one. First-time heirs are often shocked to discover how extensive this process can be and are discouraged by how long it takes to access their cash. Fortunately, we know of two ways to get around probate court and get your money immediately.
The first method to avoid probate in Maine takes some planning and the creation of a revocable living trust. Under this type of arrangement, the trust owner can designate a beneficiary to receive their assets. Everything will be transferred to the beneficiary automatically when the owner of the trust passes away.
You can also bypass probate by getting an inheritance cash advance. At IFC, we offer fast, seamless probate advances in Maine to help you get your inheritance money on your timeline without the need for probate court. When you work with us, you’ll collect your inheritance cash from us immediately to use it however you want.
Our Inheritance Advance Process in Maine
We understand how difficult losing a loved one is, so we work hard to get you your money fast with our simple four-step cash advance process. We’ll start with some standard questions about your inheritance, including how much money you want from the estate. Then, we’ll have you fill out a few quick forms before wiring a portion of your inheritance to you that same day. Every step of our process complies with Maine state probate inheritance law to give you total confidence in what we do.
IFC stands out from the competition with industry-leading service and exceptional customer benefits:
- No direct repayment: You’ll never be held accountable for repayments. We offer advances, not loans — and we receive our payment from the court.
- Money available immediately: You can collect your inheritance money in as little as 24 hours and start spending it on whatever you need it for.
- Zero denials based on income or credit: We’ll never deny your cash advance based on your credit score, income or employment history.
- No impact on other heirs: Our services include no additional charges and will not impact other heirs in the estate.
- The ability to use your inheritance today: You can complete the IFC process online through your phone or computer and receive your money immediately.
- Best available prices: We’ll beat out competing offers from other companies to give you the best possible price.
Probate Advances Are Available in Maine Through IFC
IFC provides cash advances for heirs located all over Maine, including these popular counties:
- Cumberland County
- Penobscot County
- Androscoggin County
- York County
- Kennebec County
- Oxford County
- Aroostook County
- Somerset County
- Hancock County
- & ALL other counties!
Receive Your Probate Advance in Maine at IFC
You can get your inheritance money fast without going through Maine probate at IFC. We have ample experience serving heirs from all over the country and can do the same for you.
Contact us to book your free consultation with our staff!