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Are there minimums and maximums for cash advanced to an heir or trust beneficiary?

April 26, 2017advanced Beneficiary cash heir maximums minimums Trust

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Are there minimums and maximums for cash advanced to an heir or trust beneficiary?

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Minimums and maximums may vary. Some funding sources will advance as little as $5,000. Essentially, there are no upper limits to the amount to be advanced. As a general rule of thumb, assume the advance cannot exceed 30% of an heir’s expected distribution from an estate or trust.