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What if there are insufficient funds in the estate or trust to pay in inheritance advance company?

April 26, 2017COMPANY Estate funds Inheritance insufficient pay Trust

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What if there are insufficient funds in the estate or trust to pay in inheritance advance company?

1 Answer

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10 Posted

This is one of the risks the company assumes when it accepts an assignment from an heir. The heir who gives true information on the application and honors the assignment agreement has no personal liability for payment of the advance.