When your parent passes away, and you are promised an inheritance, you are simultaneously grieving and in financial need. Unless your parent prepared for his or her final expenses before passing, you are left with a large bill to inter your parent in a cemetery plot, urn, or mausoleum. If your inheritance is tied up in probate (which could take months to more than a year!), then you need a solution for this issue. A probate loan is the right answer.
The Loan Lends You as Much as You Need Within Limits of Your Expected Inheritance
While a probate loan cannot lend you every last penny you expect to receive from your parent’s estate, it can lend you a very fair amount. The assumption is that after probate has settled your parent’s debts, the remaining money is then turned over to the heirs. Hence, you can ask the probate loan lenders for a large percentage of your expected inheritance.
No Fees While Your Inheritance Remains in Probate
You don’t have to worry about fees with this type of loan either. Fees are never required while your inheritance is held up in probate. Once you receive your inheritance, you are expected to repay the loan and a fee for the loan at that time.
Get a Loan in All Fifty States
Regardless of where you live, you can get this loan. If you are interested and need an advance on what you hope to inherit now that your parent has passed, contact Inheritance Loans USA.