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 court-supervised process that can take months or even years. This delay can frustrate heirs who need immediate access to funds.
A trust, on the other hand, allows a person (called a grantor) to transfer assets to a trustee, who then manages those assets for beneficiaries. Trusts generally avoid probate, meaning assets can be distributed faster and more privately.
Why does this matter for inheritance loans? Because if you’re a beneficiary of a trust, especially a revocable living trust, your access to funds might come faster—but not always. Sometimes, trustees delay distributions, or disputes arise that hold things up.
That’s where Approved Inheritance Cash can help. Whether you’re tied up in probate through a will or facing trustee delays in a trust, we offer inheritance loans so you can access what’s rightfully yours—sooner.
