When the need arises that required funds or desired funds are needed from an estate our probate loans can provide needed funds prior to the completion and settlement of a Probate. An administrator, Executor, Attorney or Beneficiary can initiate the request to obtain a Probate Loan. The Executor for the Probate Estate must have been issued Letters of Administration which empowers the Executor to the estate to make necessary decisions, such as obtaining a Probate Loan.
If your firm has many outstanding probate files that are comprised of mostly real estate only estates and there exists a substantial amount of unpaid attorney fees, we can improve your firm’s cash flow, put money in the pocket of the Beneficiary and make everyone happy. When the opportunity arises, happy clients often refer other people for legal services, so a Probate Loan could lead to added good will for your firm and might lead to more clients in the future.