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A probate cash advance is not a loan. It is a non-recourse assignment an inheritance to Advance Inheritance, LLC (“AI”). An heir has the absolute right to sell and assign their inheritance to AI.
Sometimes an heir needs immediate cash. Since the Los Angeles County probate process now takes about 18 months or more until funds are distributed, many heirs cannot wait that long. During the probate process you may come back to us for multiple cash advances, if that probate administration is taking too long. This may certainly be the case when issues develop and an Estate closure and distribution takes considerably longer than desired or expected. Many probate estates take 2 – 3 years to be completed, and often times longer. We are here to meet your cash needs. The bottom line is that there is no limit to how many cash advances an heir may receive (subject to the inheritance amount being assigned).
Always remember to seek the advice of a qualified probate attorney when seeking a cash advance.