Losing a loved one is already a stressful life event, so when assuming their inheritance becomes more stressful, it takes away from the proper grieving process and fuels more hurt for the receiver. While it should be a straightforward process, the legalities can drag on for months or even years. This delays access to funds that could be spent immediately to cover today’s costs. During this time, financial obligations such as mortgage payments, medical bills and everyday expenses do not pause.
Hence, probate advance companies are necessary third parties to provide beneficiaries access to a proportion of their inheritance without much fuss. But not all providers are the same. While they may offer similar services, there are always those that are better for a client’s situation than others.
The Benefits of Probate Advances
A probate advance allows heirs to receive a cash payment upfront in exchange for a portion of their future inheritance. These advances offer several advantages.
- Immediate financial relief: Probate delays can leave heirs in difficult economic situations. A probate advance provides quick access to funds to cover urgent expenses.
- No loan burdens: Since probate advances are based on the estate’s value rather than the heir’s financial history, individuals with poor credit or no income can still qualify.
- Flexible fund use: There are no stipulated restrictions on how heirs use their probate advances. Whether for paying off debts, making investments or covering living expenses, beneficiaries have full control over their money.
- Eliminates uncertainty: Probate can be unpredictable, often extending far beyond the initial timeline. A probate advance removes this risk by granting heirs access to their funds immediately.
Here are seven of the top-rated probate advance providers that heirs across America trust.
1. Inheritance Funding
With over 30 years of experience and more than $300 million advanced, Inheritance Funding has established itself as a leading provider of probate advances, offering heirs swift access to their inheritance without the prolonged delays of the probate process. The company streamlines funding by providing cash advances in as little as 24 hours — without credit checks, interest or hidden fees.
Unlike traditional loans, probate advances from Inheritance Funding require no repayments from the customer. Instead, the company recoups its funds directly from the estate upon settlement. With transparent flat-fee pricing, early repayment discounts and nationwide availability, Inheritance Funding offers a straightforward and accessible solution for beneficiaries in need of immediate financial support.
Backed by a 4.8 out of 5 rating on Trustpilot and an A+ accreditation from the Better Business Bureau (BBB), Inheritance Funding is a trusted option for heirs seeking financial relief during the probate process.
2. TriMark Legal Funding
TriMark Legal Funding, established in 2003, boasts some of the lowest inheritance advance rates in the industry. Heirs can get access to their inheritance funds without waiting for the probate to conclude. Their streamlined approval process allows clients to receive cash in as little as three hours, often on the same day.
There are also no credit checks, co-signers or monthly payments for clients, which is beneficial for those looking for a hassle-free claim and timely financial assistance. TriMark Legal Funding has a 4.3 rating and an A+ on BBB.
3. ProbateCash
ProbateCash is a customer-focused company that provides immediate funds to clients while waiting for their private estate to settle. The firm specialises in same-day funding and its transparent process ensures no hidden costs for clients.
Clients are assured access, preventing financial strain and preserving estate value. Unlike loans, their cash advances are risk-free in that they have no interest fees, credit checks or personal liability. This makes it easier for heirs to use a portion of their inheritance without the hassles of a loan. Probate Cash is rated 3.7 on Trustpilot, an A+ rate on BBB.
4. Approved Inheritance Cash, Inc.
Approved Inheritance Cash, Inc. (AIC) is another option for inheritance advances to heirs waiting for probate to finalise, providing immediate cash in exchange for a portion of their future inheritance. The advances have no interest payments and are repaid by the estate, not the beneficiary. Their service helps heirs avoid long probate delays, which can extend beyond two years.
However, a key limitation is that eligibility requires an inheritance of at least $15,000. With a straightforward process and no personal liability, AIC is a solid option for those seeking early access to their inheritance without financial risk or credit checks. Approved Inheritance Cash, Inc. has a 4.7 rating on Trustpilot.
5. Inheritance Advanced
Another company that helps heirs bypass lengthy probate delays is Inheritance Advanced. Clients receive their funds within 24 hours and no hidden fees, credit checks or monthly payments are expected. The cash advance they offer is also not a loan, so the heir isn’t repaying the advances from their pockets.
They offer advances from $5,000 to $500,000, making them accessible to a wide range of beneficiaries. A key limitation is that they purchase only up to 40% of a future inheritance. Inheritance Advanced has a Google rating of 4.7.
6. Advance Inheritance
Operating since 2005, Advance Inheritance, LLC offers fast and effortless access to an heir’s inheritance, typically within a 24-hour window. They do not require credit checks, employment history or upfront payments and repayment comes directly from the estate. Clients can receive advances from $5,000 to $150,000 with no hidden fees.
Heirs and trust beneficiaries do not spend a penny from their pockets as Advance Inheritance waits for the closing of the estate before they get paid. Another key trait is that if the estate lacks sufficient funds at closing, the company absorbs the loss, not the heir. They function under direct funding and not through brokers, which makes them reliable for those seeking immediate access to their inheritance. Advance Inheritance is also rated 4.7 on Google, as well as 3.4 on Yelp.
7. InheritNOW
InheritNOW leads by removing the frustration of heirs’ way, allowing them to access money quickly without waiting for probate. Their fair fees, strong privacy measures and transparent 7-step process make them a strong option.
The cash advance with InheritNOW is also not a loan, which means it doesn’t need to be paid off. The money will be repaid only when the probate is settled. InheritNOW is rated A+ on BBB and has a 4.2 rating on Google.
Fast-Track Your Funds With the Right Provider
Probate advances serve as a financial bridge for beneficiaries facing prolonged estate settlements. However, choosing the right provider requires careful evaluation of terms, fees and risk exposure. Before proceeding, heirs should compare providers, review legal implications and seek financial advice to ensure an informed decision.
