FIND YOUR COMPETITIVE EDGE
Give your firm a competitive advantage by offering your Probate clients the option to “Get the Money Now”!
Our business has long assisted Probate Attorneys and Executors in obtaining the monies required to effectively administer Probate Estates by offering Probate Loans to Probate Estates.
We collaborate with lawyers to help their client or beneficiary find the necessary probate financing. We can provide you with advice on the type of paperwork the court will require. We are skilled in creating the legal documents required to get court orders. We can be a significant partner in securing the funding required for the beneficiary or Probate Estate.
Our probate loans can give needed finances before the conclusion and settlement of a Probate when it becomes necessary that required funds or desired funds are needed from an estate. The request for a Probate Loan may be made by the Administrator, Executor, Attorney, or Beneficiary. The Probate Estate's Executor must have received Letters of Administration, which provide them the authority to take appropriate actions like applying for a Probate Loan.
We can increase your company's income flow, put money in the Beneficiary's pocket, and make everyone happy if your firm has a lot of unfinished probate cases that are largely real estate-only estates and there are a lot of unpaid attorney costs.
Happy clients frequently refer other individuals to attorneys when the opportunity arises, so a Probate Loan could increase your firm's reputation and possibly bring in more clients in the future.
Overview of Probate Attorney Services
Probate Loan Funds
Hard Money Brokers can provide a cash advance to your probate customer before the estate's final distribution if they are in need of "Cash Now." Our probate loans' proceeds can be utilised for a wide range of things, including:
- Settling any court fines or charges.
- Paying back unpaid legal expenses.
- Covering ongoing costs owed to the estate.
- Reserves for interest impounded.
- Making any required or desirable property repairs to the estate's properties.
- Making regular payments to or fully repaying the estate's or beneficiary's creditors.
- Paying claims made by the estate's executor.
- Settling any taxes or other debts owed to the estate.
- Paying for the deceased's funeral and burial costs.
- Giving a recipient or beneficiaries of the estate a preliminary distribution.
- Paying for expert services like accountants' fees to prepare estate tax returns.
Most of the probate loans we provide are often "overfunded" in order to create an interest impound reserve account that will pay needed monthly interest payments until the probate obtains the probate court's Order for Final Distribution.
If there are any unused funds in the Interest Impound Reserve Account, they can be given to the Beneficiary as estate profits.
EQUAL HOUSING LENDER
Some products may not be available in all states. Restrictions apply. All rights reserved. Pre-qualification is neither pre-approval nor a commitment to lend; you must submit additional information for review and approval. Approval may be subject to rate increases, satisfactory title and appraisal review, and no change in financial condition.
*Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.