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December 09, 2008

Inheritance Loans

Inheritance loans aren't really loans at all. Instead, they are cash advances available to beneficiaries entitled to assets held in probate. Probate is the process used to determine the validity of a decedent's Last Will and Testament and proper distribution of financial holdings and personal belonging.

In order to qualify for inheritance loans, beneficiaries must be entitled to at least $15,000. There are two primary inheritance cash funding sources: inheritance lending companies and private investors.

Real Estate Investing article on "Inheritance Loans"