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November 26, 2008
Inheritance Funding
Inheritance funding is a cash advance method available to heirs entitled to assets held in probate. The probate process can suspend distribution of inheritance for months or even years. As long as the decedent executed a Will and family members are in agreement, probate generally takes six to nine months. During this time, all assets are frozen with the exception of a bank account setup to manage outstanding bills and financial obligations.
In order to obtain inheritance funding, heirs must work with either an inheritance funding company or private investor. In the past, some banks and lending institutions provided cash for inheritance loans. With today's credit crisis, few, if any traditional lending sources offer this service.
Real Estate Investing article on "Inheritance Funding "
November 11, 2008
Inheritance Cash
Inheritance cash refers to a cash advance using inheritance held in probate as collateral. When estate assets are held in probate it can take months or years before distribution takes place. Instead of waiting for probate distribution, heirs can sell their pending inheritance in exchange for a lump sum cash payment.
Inheritance cash advances can be obtained through private investors, lenders or other funding sources. Beneficiaries can use the proceeds to pay off credit cards and other outstanding debts; invest in real estate, stocks, bonds, mutual funds and other investment portfolio opportunities; or fund a vacation. Unless the beneficiary has outstanding tax liens, creditor liens or child support, they are free to do whatever they desire with their inheritance cash advance
Real Estate Investing article on "Inheritance Cash"
October 23, 2008
Beneficiaries
Beneficiaries refer to people who are entitled to assets owned by a person who has died. Beneficiaries typically include spouses, children, and direct lineage heirs such as sisters and brothers. Organizations such as charities or educational institutions can also be designated beneficiaries.
Anyone can be named as beneficiaries on property titles to real estate, automobiles, recreational vehicles, motor crafts and financial holdings such as bank accounts, retirement accounts and life insurance policies.
Real Estate Investing article on "Beneficiaries"
September 24, 2008
Probate Inheritance
Probate inheritance includes all assets owned by a person who has died. Assets can include real estate holdings, life insurance policies, financial portfolios, automobiles, recreational vehicles, jewelry, household belongings and other valuables.
Probate inheritance is held in probate court to ensure directives outlined in the decedent's Last Will and Testament are followed. Additionally, all outstanding debts must be paid prior to distributing probate inheritance assets to entitled heirs.
Real Estate Investing article on "Probate Inheritance "
September 08, 2008
Probate Real Estate Investing
Probate real estate investing involves buying property from estates held in probate. When someone dies, all of their worldly belongings are transferred to probate. An estate executor oversees the decedent's estate until all financial transactions are completed. In some cases, probate can take several years to settle; leaving beneficiaries with a heavy financial burden.
Probate real estate investing requires a visit to the local courthouse and a bit of detective work. Investors can locate potential real estate deals by searching probate records and reading the decedent's Last Will and Testament. Wills are a matter of public record and can be viewed by anyone who is interested. The exception to this rule is when a Revocable Living Trust is executed.
Real Estate Investing article on "Probate Real Estate Investing "
