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The proceeds from a will or an estate are frequently structured for payment over a series of years. Sometimes the proceeds can come as one lump sum payment well into the future. This can be extremely frustrating to a beneficiary when a situation exists that is in immediate need of money.
Also proving to be frustrating to the beneficiary is a delay in the disbursement is protracted extended due to problems with the legal structure and/or the financial condition of the estate--which could take several months and even years.
Through Capital Funding of America, the beneficiary can sell or assign the rights of part or the entire inheritance for a lump sum of cash. That means that the beneficiary may have use of the funds now for those necessary situations that need immediate attention. This type of funding arrangement is not available through the conventional banking system.
The time needed to transfer or sell the inheritance proceeds will vary from state to state due to local laws and regulations. The timeline for filing with the court should be a real consideration of the beneficiary so that the funding of the estate can be received as soon as possible.
For more about these transactions and related situations, please contact Capital Funding of America at 1-800-322-5985 or use this link to our CONTACT US page.
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