What court fees and legal costs are associated with a Probate Loan or Trust Fund Advance?
Typically, this is not your concern, as our office takes care of all of these expenses and details. You do pay only one moderate fee associated with your Inheritance Cash Advance, and this one fee covers all court fees and legal costs. Some firms charge numerous paperwork fees or transaction charges hidden fees. InheritanceNow does not.
A probate loan is a cash advance given to heirs entitled to probated inheritance property. Factually speaking, there is no such thing as a probate loan. However, this term is often used when heirs assign inheritance rights to a funding source in exchange for lump sum cash. Cash advances are paid by the estate after all other expenses and settlement fees.
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Probate loan funding sources can include private investors, investment groups, and cash advance service providers. Funding sources charge an upfront fee which is deducted from the advance. Fees can range between 10- to 50-percent of the inheritance value.
