Quick Checklist: Requirements for an Inheritance Advance
To qualify for an inheritance advance, you must be a beneficiary of an open probate estate. Providers like InheritNOW require specific documentation to verify the estate’s value and your share. The primary requirements include the probate case number, contact information for the executor or estate attorney, and a copy of the death certificate. Because this is an assignment of assets and not a loan, personal financial history and credit scores are not part of the approval process.
Required Information & Documents:
- Probate Details: Case number, court name, and location.
- Estate Contacts: Name/Contact for the Executor or Estate Attorney.
- Verification Docs: Death certificate and a copy of the Will (if available).
- Asset Proof: Mortgage statements or appraisal reports for real estate and businesses.
If you are going to inherit money or assets from an estate and would like to receive those funds sooner, you may have already explored the option of an inheritance advance. Firms like InheritNOW advance a portion of your inheritance in exchange for a fee that is collected only when probate closes.
The process is straightforward: we confirm the value of your inheritance, make you an offer for a percentage of that value, and send the funds immediately once agreed. We do all the waiting for the estate to close, at which point we collect the agreed fee and you receive the remaining balance of your inheritance.
What Do You Need to Get Started?
To provide an immediate offer, we need to assess and confirm the value of your inheritance. We can complete this assessment quickly if you provide the following key bits of information:
- Information relating to the probate case, including the probate case number, court name, and location.
- Name and contact information of the executor and/or estate attorney.
From the attorney or executor, we typically gather the following supporting documents:
- The death certificate of the deceased.
- The will (not always required, but helpful).
- Mortgage statements for any real estate included in the inheritance.
- Appraisal reports for real estate or businesses involved in the estate.
That is everything you need to apply. Remember, this is not a loan. There are no monthly payments, and the advance is repaid directly from the estate assets upon completion of probate. InheritNOW assumes the risk and waits for the settlement while you get your money now.
If you would like an inheritance advance offer with no upfront fees, contact us today to get started.
Frequently Asked Questions
You generally need the probate case number, the death certificate, and the contact information for the estate attorney. If real estate is involved, a mortgage statement or appraisal may also be required to verify the estate’s net value.
No. While you are welcome to consult with your own legal counsel, we work directly with the estate attorney or executor to verify the necessary probate filings and asset valuations.
While a copy of the Will is helpful and can speed up the verification process, it is not always strictly necessary if the probate case is already filed and your status as a beneficiary can be verified through court records.