It is with no denying that you cannot access your inheritance until probate is complete. Well, this may take anywhere from two months to a year considering creditors must be paid first. Once everything is completed, the estate may be distributed to heirs. But what if you are in dire need of fast cash yet you have to wait a couple of months for the completion of the process?
In this case, it would be better for you to take an advance on your inheritance. With so many companies that offer advance inheritance in Oakland, you can never miss out on one that will offer a helping hand. Some might wonder if this is a route worth taking. To clear any doubt you might have in mind, here are two notable benefits of an advance.
You Don’t Have to Pay It Back
The good thing about getting an advance on your inheritance is that you’re not responsible for paying it back. After all, it is not the same as taking an inheritance loan or loans against inheritance funds. Instead, the lender offers the funds for a part in the estate and will take the loss instead of youincase something happens to the estate and the funds are not paid. In short, there is no risk on your end in case the inheritance is lost in probate.
No Monthly Payments
When you visit an inheritance loan company in Oakland and apply for a probate loan, you have to make do with monthly payments on the funds or pay interest. Things tend to be different with a cash advance as there are no monthly payments. The moment you sign on the dotted line to receive your funds; the terms cannot change. Therefore, all the risk remains with the inheritance funding company and none in you.
The Bottom Line
Taking a loan advance in Oakland is a step in the right direction especially when you are in dire need of fast cash. Keep in mind the Oakland advance inheritance company you choose to settle on has an important role to play. That’s why you ought to carry out a detailed research if you are to stand the chance of making a well-informed decision. To offer a helping hand, get in touch with Advance Inheritance, LLC and get the financial assistance you need hassle-free.