When you’re waiting on an inheritance, you may consider taking out a loan to cover immediate financial needs. But not all loans are created equal. It’s important to understand the difference between an inheritance advance and a traditional loan. A traditional loan—like a personal loan or home equity loan—is based on your credit score, income, and repayment ability. You...

Losing a loved one is emotionally difficult—and when that loss is followed by the long, drawn-out probate process, the situation can become even more overwhelming, especially if you’re facing pressing financial obligations. Many heirs find themselves in a bind: bills are piling up, but the estate is tied up in probate. Funeral expenses, mortgage payments,...

Probate can be a long, frustrating process—especially when you need access to your inheritance to cover everyday expenses. Whether you’re waiting on a court hearing or dealing with estate paperwork, delays can stretch for months or even years. But there is a solution: inheritance loans. Instead of waiting for probate to close, inheritance loans (or inheritance...

Receiving an inheritance loan can provide a powerful opportunity—but it’s important to use the funds wisely. Since this is an advance on money you’re already entitled to, making smart choices can help secure your financial future. Here are a few smart ways to use your inheritance loan: Pay down high-interest debt – Using your advance to...

When planning or receiving an inheritance, it’s crucial to understand the difference between a trust and a will—because the type of document guiding an estate can significantly impact how quickly heirs receive their money. A will is a legal document that outlines how a person’s assets should be distributed after death. However, wills must go through probate—a...

It’s not uncommon for family tensions to rise when money is involved—especially during the emotional period after a loved one’s death. Unfortunately, siblings and other heirs sometimes create conflict that delays the inheritance process for everyone. Disagreements might include accusations of undue influence, disputes over the validity of a will, or even one sibling controlling...

Probate is the legal process by which a deceased person’s estate is administered. It ensures that debts are paid and assets are distributed according to a will—or state law if no will exists. While it’s meant to protect everyone involved, probate can be slow and complicated. One of the biggest reasons for delays is the...

When a loved one passes away and leaves behind an estate, the process of distributing the assets can take months—or even years—due to probate delays. This can be incredibly frustrating, especially for heirs who need access to funds now. That’s where an inheritance loan comes in. An inheritance loan, sometimes called an estate advance or...

Yes, it’s possible to get an inheritance loan even if there’s no will—although the process may look a little different. When someone dies without a will, their estate is considered “intestate,” and the court follows a state-specific formula to determine who inherits. This usually prioritizes spouses, children, and close relatives. While this legal process is...

Trustees have a legal obligation to act in the best interest of beneficiaries—but unfortunately, not all trustees fulfill their duties properly. If you’re dealing with a trustee who is unresponsive, dishonest, or mismanaging the trust, you may have legal grounds to have them removed. Here are some red flags that might justify removal: Lack of...