The Inheritance Funding Company (IFC) helps heirs of probate estates by providing cash advances, regardless of credit status, employment, or income history. IFC provides cash advances amounting from $5,000 to $100,000. According to this website, a the term “probate” refers to the process by which “… court supervises the processes that transfer legal title of property from the estate of the person who has died (the “decedent”) to his or her beneficiaries”.

The usual process if or heirs to fill out court forms and appear in court to:

• Prove to the Court that the Will is valid (this is usually routine),
• Appoint a legal representative with authority to act on behalf of the decedent,
• Identify and inventory the decedent’s property, and have that property appraised,
• Pay debts and taxes, and
• Distribute the remaining property according to the terms of the Will or to the decedent’s heirs.

This takes a lot of time, and that’s where companies that provide probate cash advance services become useful.

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