Inheritance Advances are not Inheritance Loans

Inheritance Advances vs Inheritance Loans

One of the most common questions about inheritance advances is, “is an inheritance advance a loan?”   Sometimes inheritance advances have even been called inheritance loans, but simply put, no, an inheritance advance is not a loan.

Is An Inheritance Advance an Inheritance Loan? No!!!!

Inheritance advances are still relatively new, leading to confusion surrounding them. The number one misconception about inheritance advances is that they are often referred to as inheritance loans.  Most likely, they are so often mislabeled as inheritance advance loans because you are receiving a portion of your inheritance now, and the payback is at a future date when the estate distributes.

It makes sense that inheritance advances and loans are often confused because when you think of getting money fast, you naturally think of a loan. So many people have asked us if “an inheritance advance is a loan?” that ProbateCash’s CEO, Marc Harris, Esq., sat down to explain why an inheritance advance is not a loan.

If an Inheritance Advance Is Not an Inheritance Loan, Then What Is It?

An inheritance advance or probate cash advance provides upfront cash to the heirs/beneficiaries of estates waiting for inheritance money in probate court. It is an advance on your pending inheritance.

ProbateCash’s CEO, Marc Harris, explains what an inheritance advance is.

To truly understand inheritance advances, you have to understand the probate process.

The Probate Process

Think about the times you have seen different television shows deal with inheritances. They are dramatic but often simple scenes. Typically, there is a reading of the will, and then the character immediately gets their newly inherited property.  It all seems very simple. Like most things, probate is different in real life than on television.  In real life, the probate process is long and frustrating.

Probate is the legal process by which property owned by a deceased person is passed to their heirs after the death.  When someone passes away, the probate process determines who gets what.  Probate affords the overall management and supervision of the distribution of the deceased person’s assets by the instructions left in a Will or keeping with the state’s statutes (if a Will does not exist or cannot be located). The probate process can take anywhere from 9 months to over two years.

Since the probate process is so long, people look for advances on their inheritances because things come up, and people need their money.  An heir might what to make necessary repairs on the home, cover HOA fees, or even relocate fellow heirs living in the house.   They also might want to make improvements on the estate home so that they can get fair market value on the estate home.  These are big tasks that you might traditionally think about getting a loan to cover, but you don’t have to with an inheritance advance.

Also, when people are looking for an advance on their inheritance, they might even google such things as inheritance loans.  But remember, an inheritance advance is not a loan.

 Reason Why an Inheritance Advance Is Not A Loan

  • No Interest Fees
  • No Fixed “Due Date
  • Risk-Free: a ProbateCash inheritance advance imposes no personal recourse or liability in a payment shortfall.

Let’s delve a little deeper into each of these reasons.

 No Interest Rates

First off, one trademark of all loans is interest rates.  But what exactly are interest rates? Interest rates are the amount you are charged for borrowing money, shown as a percentage of the total amount of the loan.  All loans are dependent on interest rates.  When applying for a loan, the interest rates are an essential factor that you have to consider.  Will they be high or low? Can you qualify for the best interest rates? How much will you pay in interest? When applying for a loan, you spend much time worrying about interest rates because they affect how much you will have to pay back.

But the great thing about inheritance advances is that there are no interest rates.  

Unlike a loan, there are interest fees when you get a ProbateCash inheritance advance

So, all of that worrying about interest rates is eliminated. When applying for an inheritance advance, you don’t have to worry about getting the best interest rate.

You don’t even have to think about interest rates! You can put interest rates out of your mind!

How Do Inheritance Advance Companies Get Paid

If there are no interest rates, you might wonder how the best inheritance advances companies, like ProbateCash, get paid. ProbateCash charges a fee for the advance, but only that fee. Other companies charge add-on fees like notary fees, administrative fees, etc, and then deduct it from the upfront money they are giving you. They state you are getting an inheritance advance of $15,000.00 (fifteen thousand dollars) but after they deduct all these extra and unnecessary fees you walk away with $13,000.00 (thirteen thousand dollars). Not at ProbateCash! If we state your advance is $15,000.00 (fifteen thousand dollars) than you are getting $15,000.00 (fifteen thousand dollars).

Once ProbateCash approves your inheritance advance, you will get your money in as little as 24 hours.  That’s right, in as little as 24 hours! But ProbateCash will get paid when the beneficiaries get paid.

Finally, you don’t have to do the waiting anymore; ProbateCash does.

The probate process is so long and drawn out that people get so frustrated with waiting for their money. So getting their money for their inheritance in as little as 24 hours can be a real-life changer.

Here’s the really great part, not only will you get your money quickly, but you also don’t have to worry anymore because ProbateCash handles the rest. We now do the waiting, and when the court settles the estate, ProbateCash gets paid. ProbateCash takes the risk and waits out the time until the estate’s assets are ordered to be distributed by the probate court. ProbateCash will file the cash advance with the probate court, and ProbateCash will be paid when the estate makes a distribution.  The Personal Representative/Executor/Administrator will distribute the assignment to ProbateCash, and send any remaining money owed to the heir as per the Court Order. So, generally speaking, you will not have to be the one to figure out how or to whom the payment should be made. Once again, our CEO, Marc Harris, explains this process.

No Fixed Due Dates

When you get a loan, there is one thing we all worry about, the impending fixed due dates. Loans become like ticking clocks with upcoming fixed due dates.  You know that date is coming, and it can keep you up at night. Everyone already has too many bills with fixed due dates, so adding another one can be overwhelming!

But with an inheritance advance, you never have to worry about a fixed due date because THERE ARE NONE!!!

Unlike a loan, there is no fixed due date with a ProbateCash advance

At ProbateCash, we know that going through the probate process is stressful enough, so we try to make your life easier! When you get a ProbateCash inheritance advance, you can rest easy because you never have to worry about any fixed due dates.


  1. Unlike loans that are filled with risks, an inheritance advance is RISK-FREE.
  2. An inheritance advance imposes no personal recourse or liability in a payment shortfall.
  3. You are NOT liable for any shortfall or deficiency, with a few exceptions such as fraud, etc.
  4. With a ProbateCash inheritance advance, you can get your money quickly and not worry.
ProbateCash Inheritance Advance is Risk Free unlike a loan

How the Inheritance Advance Process Is Different Than a Loan.

Qualifying for an inheritance advance is different from qualifying for a loan.  In fact, it is an entirely different process with completely different required documentation.

Unlike loans, qualifying for an inheritance advance is a pretty simple and straightforward process. The first benchmark in qualifying is establishing that you are an heir in an open probate case or the beneficiary to a trust.  Then we review a few other factors of your case to get your money quickly. We try to make the process as simple as possible because we understand this is a difficult time.  We know our clients have been through a lot, and we want to do anything to help get our clients get their money fast.

In most inheritance advance cases, speed is essential.

After waiting for so long, people want their money quickly.  The first step to getting your money is we review the probate case filed in the courts and quickly determine the amount of money we can advance.  Then once we agree to an amount, we send you your cash in as little as 24 hours. But to get your money quick, there are things you can do to make the process faster and easier.

One of the best tips is to have the required documentation for inheritance advance ready and handy, so we can get started immediately on getting you your money.

If unlike a loan, we don’t look at your income, you might wonder what documentation for inheritance advance you need?  

 Required Documentation for Inheritance Advances

  • Petition for Probate
  • Will (if applicable)
  • Order for Probate
  • License/ID/passport
  • Proof of social security number
  • Estate inventory (if available).
  • Having those documents makes the process of getting an inheritance advance much easier!

What Does an Inheritance Advance Cost?

When it comes to inheritance advances, one thing everyone always worries about is cost. The cost is tied to the most critical decision you will make when getting an inheritance advance: choosing the best inheritance advance company.

ProbateCash is one of the best inheritance advance companies

Your choice is super crucial because inheritance advance companies have different fees.

The different fees affect the cost of your inheritance advance.

Of course, at ProbateCash, we pride ourselves on being the best inheritance advance company.

People say we are

  • Honest,
  • Reliable
  • Trustworthy.

At ProbateCash, we have helped countless people get their money fast.

We would love to help you!  Call us today for your quote and your specific inheritance advance fee.

Click to Call to see how we can help you get your money today!

Why ProbateCash

Now that you know an inheritance advance is not a loan, you might want to get an inheritance advance.  First, finding the best inheritance advance company is vital.   Here at ProbateCash, we pride ourselves as the best inheritance company for several reasons.


Speed is essential when you have been waiting for your money tied up in the probate court. At ProbateCash, we understand you are tired of waiting for your money and need cash now!  That’s why we get to work for you quickly!  Time is of the essence in funding inheritance advances. We are always ready to jump in with the resources and experience to fund any size advance as quickly as SAME DAY!


Our people are professionals with decades of experience providing upfront cash to customers who don’t want to wait years to receive the monies due to them. Inheritances are not only complicated and frustrating, but they are also emotional. We understand that at the heart of all our cases is loss. We know this is a difficult time for you and your family, so we will always be professional to make at least one aspect of your life a bit easier.


We keep our promises. At ProbateCash, there are never any hidden fees. We want our customers to feel comfortable working with us and confident knowing exactly what to expect. Inheritances are family matters and we respect these delicate situations.


We already discussed this but remembered that getting an advance is risk-free. You are NOT liable for any shortfall or deficiency. Eligibility and approval aren’t dependent on your credit score or income.

Now that you know that inheritance advances are not loans, you might want an inheritance advance.  You might not want to wait for your money tied up in the probate courts.  At ProbateCash, we can get you an advance on your inheritance in as little as 24 hours!  If you need your money now, don’t wait any longer!  Call us today!

And if you would like to read more about inheritance advances, you can learn even more with our Complete Inheritance Advance Guide.