How Is A Cash Advance Repaid?
One of the most unique features of a probate heir cash advance, is how and when it is repaid. An heir cash advance is not a loan. A loan would normally have a date certain for repayment, but the heir advance does not. The advance is repaid when the estate settles and funds are distributed […]
Do I Need Court Permission To Secure A Cash Advance In My Inheritance?
A probate heir may wonder whether court permission is required before securing a cash advance on his/her inheritance. The answer is “NO.” Court permission is not required, nor is permission required by the estate or the estate attorney. When ADVANCE INHERITANCE makes a cash advance to an heir, the transaction does not have any effect […]
Return To Normalcy
We are all living through an unprecedented time, unlike any of us have experienced before. Never has our country voluntarily shut down its economy to protect the lives of all Americans. To make matters more confusing, we are a nation composed of very different states, and states made up of significantly different counties and cities. […]
How Much Does An Advance Cost?
A probate cash advance should only be used when there is a need, and after you have shopped for the best deal available to you. Why does a cash advance cost more than a regular mortgage or banking rate? Simply, the risk of not getting repaid is considerably greater and much more uncertain than a […]
Preliminary Estate Distribution
The average probate estate in California takes about 18 months from initial filing to approval and distribution to heirs. That means long after real property and other assets are converted to cash, there may still be a lengthy delay to distribution. The courts are slow to act, allowing many delays to complete review and final […]
How To Avoid An Estate Foreclosure?
One of the most common questions we are asked, is: “CAN ADVANCE INHERITANCE, LLC HELP AN ESTATE AVOID FORECLOSURE?” The short answer is: “YES.” Estate Professionals often call us when the Estate home and all its equity are threatened by foreclosure. Estates are generally administered by a Decedent’s family member, who is inexperienced with Estate […]
Who Needs An Heir Cash Advance?
We speak to thousands of people who need an heir cash advance. Our clients have varied reasons to need these funds. Most are looking for a cash advance in anticipation of receiving the inheritance money to be distributed to them at some indefinite time in the future. Some of the cash advance purposes are: An […]
What Estate Expenses Must Be Paid?
Let’s assume the following fact pattern: you are one of two equal heirs in an Estate. The Estate is home worth $370,000 with a remaining mortgage of about $150,000. If the house were sold and the mortgage paid off, that will leave about $200,000 available to the Estate. But what other costs will have to […]
The Sale Of Estate Property
The State of CA continues to lead the nation in rising resale property values. This has been the result of two issues. The first is a result of the dwindling backlog of available inventory. As the supply drops, the pricing tends to rise. The second is that the cost of new construction spirals ever higher. […]
The Statute Of Limitations
A Statute of Limitations is in effect, a law that sets the maximum time after an event, such as a legal proceeding may be initiated. When this period of time passes, a claim may no longer be valid (i.e. any claim would be “time-barred”). The intention of this code is to facilitate resolution of a […]
