How Much Does An Inheritance Advance Cost? | Probate in Sacramento County
Are there advantages and disadvantages to getting an advance on an expected inheritance? How much does an inheritance advance cost? Is it the same as a probate loan or an inheritance loan?
There are many reasons to consider an inheritance advance, but it's important to count the cost before signing on the dotted line!
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00:00 Introduction & Controversy
00:55 What is an Inheritance Advance?
01:33 How Does It Work?
02:24 Example
03:20 It's High-Risk for the Lender
03:45 What Can It Be Used For?
04:10 Know These Things First!
05:06 When It's Helpful
05:25 READ THE FINE PRINT
06:18 Yea or Nay?
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I am not an Attorney or Tax Professional. The information provided in this video is for general informational purposes only and should not be considered as legal, financial, or tax advice. I am a licensed REALTOR® and while I strive to provide accurate and up-to-date information, I am not qualified to offer legal or tax advice. Before making any decisions or taking any actions related to probate, trusts, wills, or any other legal or financial matters discussed in this video, it is strongly recommended that you consult with a qualified attorney, tax professional, or relevant expert in your jurisdiction. Laws and regulations vary widely, and what may be applicable in one situation may not be in another.
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If you'd like to talk with us about Sacramento Area real estate, please call or text us at (916)205-3881 or email [email protected]