Cash
to Heirs
Released on
= September 16, 2005, 7:07 am
Press Release
Author = H. Castaneda
Industry =
Press Release
Summary = Who is eligible to receive a cash advance? An heir who
will be inheriting at least $17,000 from a probate which is already
open or is currently being opened; or a beneficiary of a trust who
will be receiving at least $17,000 in distribution(s) from the trust
within three years. The trust instrument must not limit the beneficiary's
right to assign an interest in future trust distributions, a
so-called "spendthrift."
Press Release
Body = Millions of dollars have been advanced to heirs and beneficiaries
in need by funding sources waiting to earn your business. Advancing
a portion of your expected inheritance or trust distribution and
collecting when the estate or trust distributes.
- there are
absolutely no restrictions on how you use the money
- no employment verifications
- Generally, a poor credit rating is no barrier to an advance
Legal provisions:
Many trusts contain a clause that is referred to as a “spendthrift
provision.” This clause protects you, as a beneficiary, from
having creditors attach themselves to your share of the trust. Unfortunately,
the clause also prohibits you from voluntarily assigning your interest
to a third party which is exactly how funding sources are able to
provide cash advances on trusts. We are more than happy to
review your trust to determine if it contains a spendthrift provision.
If you wish to review it yourself, you should look for a section
that contains anything similar to the following:
Spendthrift
Provision
"No interest of any beneficiary in the principal or income
of any Trust created under this instrument shall be transferable
by voluntary assignment, anticipated, assigned, alienated, encumbered,
or hypothecated, and, to the extent permissible by law, shall be
free from execution, attachment, bankruptcy and other procedures
for
the satisfaction of creditors’ claims or be subject to legal
process before actual receipt by the beneficiary.”
Are there any
geographic limitations on funding?
No, but most advances are to heirs or beneficiaries here in the
United States. Advances based on estates in other countries are
considered only in very limited circumstances and require detailed,
reliable information about the estate and full cooperation from
the estate attorney.
Funding Company's
provides fast cash advances to heirs and regardless of their credit
status, employment or income history.
As America's
foremost provider of these cash advances, our Funding Company offers
competitive pricing and extremely fast and courteous service - heirs
often receive their cash in as little as 2 to 5 days.
If you are an
heir to a current probate in U.S court or the beneficiary of a trust,
and you are looking for a loan or cash advance, Funding Companies
can help by getting you some money fast. A cash advance of $5,000
to $100,000, usually within 5 days of receiving your completed.
Contact Diversified
Financial Services today to see if you too can receive your money
on an average wait time of one week.
http://www.diversifiedfinancialservices.net
Web Site = http://www.diversifiedfinancialservices.net
Contact Details
= Diversified Financial Services
T 214.256.4016 F 484.450.9805
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