Understanding the Fees and Costs Associated with Probate Cash Advances


While probate cash advances offer immediate financial relief to beneficiaries, it’s essential to understand the fees and costs associated with these advances. In this article, we’ll break down the typical fees and costs of probate cash advances and provide insights into how beneficiaries can evaluate the total cost.

1. Application Fees

Probate cash advance providers may charge an application fee to cover the cost of processing the advance request. This fee is typically non-refundable and may vary among providers. Beneficiaries should inquire about the application fee upfront and factor it into their cost assessment.

2. Origination Fees

Origination fees are charged by Probate cash advance providers to cover the administrative costs associated with funding the advance. These fees are typically calculated as a percentage of the total advance amount and may vary depending on the provider and the size of the advance.

3. Interest Rates

Probate cash advances accrue interest over the duration of the advance period. The interest rate charged by providers can vary widely and may depend on factors such as the size of the advance, the length of the advance period, and the perceived risk associated with the inheritance. Beneficiaries should carefully review the interest rate terms and calculate the total interest cost over the advance period.

4. Administrative Fees

In addition to origination fees and interest rates, probate cash advance providers may impose administrative fees to cover ongoing servicing costs. These fees may include account maintenance fees, statement fees, or other administrative charges. Beneficiaries should inquire about any administrative fees and consider them in their cost assessment.

5. Repayment Penalties

Some probate cash advance providers may impose penalties for early repayment or late payments. Beneficiaries should carefully review the repayment terms and conditions to understand any potential penalties and their impact on the total cost of the advance.


Probate cash advances can incur various fees and costs, including application fees, origination fees, interest rates, administrative fees, and repayment penalties. Beneficiaries should carefully review the fee structure of probate advance and calculate the total cost before proceeding with an advance. By understanding the fees and costs associated with probate cash advances, beneficiaries can make informed decisions that align with their financial goals and circumstances.

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