Wills

Can you get a loan on an inheritance that has gone into a trust that is in my name?

575859

Top Answer
User Avatar
Wiki User
2009-08-17 16:00:03
2009-08-17 16:00:03

* Yes, but only with legit firms like Heir Advance Co., who's been around for 20 years, you can get a loan or "assignment" on your inheritance, whether it be in trust or probate. Make sure that the trust or probate loan provider you deal with has years of proven niche Inheritance lending experience. * This is a precarious situation you must be in to need the money that quickly. The answer to your question is "yes", but, like anything else it comes at a price. Unless the inheritance is huge, it probably won't be worth your time. People would love to take advantage of you at this great time of need. == == * Some financial organizations handle advanced cash transactions when they qualify as structured settlements. An inheritance is not considered as such, the reason being any person named as a beneficiary in a will is not guaranteed they will receive the assigned assets or even a portion thereof. Beneficiaries of wills do not receive monies or property until all assets are accounted for and all debts are paid from the estate via state probate procedure. There is also no assurance that a will may be contested, thereby tying any inheritance up in court for years and the outcome being all monies and property were consumed by legal fees.

1
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions

User Avatar

I think you can do this by placing the real estate in the name of a trust. I am not an attorney.

User Avatar

He has confirmed that the name is Inheritance.

User Avatar

The majority rule for inheritance is that any inheritance, unless specifically written otherwise, is non taxable. The wife will not have to pay inheritance tax when you die if her name is not on the deed.

User Avatar

Loan Laure's birth name is Laila Loan Kacemi.

User Avatar

If you are already running a loan, then you can take a loan from another bank not from the same bank. If still you want a loan from same bank, then you can get on your parents name.

User Avatar

'Title Loan' is a loan you will be getting of having a car loan on your on name.

User Avatar

No. I recently took a car loan for my son because his credit is bad. The loan is in my name, the title is in his name only. He is listed on the loan as the 'holder of colateral'.

User Avatar

Another name for an estate of inheritance is FEE SIMPLE. In contrast, a life estate is not an estate of inheritance because it does not pass to one's heirs at death.

User Avatar

The "Excelsior Loan Guild" is not a legitimate finance company. There are several reports of scams based in Africa that include this name.Do not divulge any personal information to them, or to anyone you don't know and trust.

User Avatar

Can't unless you get your name off the loan. The person you co signed for has to get the loan changed out of your name.

User Avatar

The loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one nameThe loan must be paid off and refinanced in one name

User Avatar

The car loan will have to be paid off in order to remove your name. The other signer will have to get a new loan in her/his name only.

User Avatar

the name of the book has been said by paolini himself on his webpage to be named inheritance and have a green dragon on the cover

User Avatar

To name a poem think of what it's about e.g. trust is .... trust is ... so i would name is trust is what i believe in . Easy

User Avatar

The name Oda means wealth and inheritance.

User Avatar

Inheritance funding companies are very similar to places like Cash America and payday loans. They front you the cash on your inheritance before it is settled. Inheritance Funding Company is the name of one of the companies. Read more at http://www.inheritancefunding.com/inheritance-advance-inheritance-loans/.

User Avatar

The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.The loan must be paid off and you must sign the title over in order to get the title and loan out of your name and responsibility.

User Avatar

If you co-signed a car loan you can't take your name off the loan. If you co-sign for someone with no credit or poor credit you are promising to pay off the loan if they don't. The only way to get your name off the loan is to pay it off or have the borrower refinance the loan in their own name.

User Avatar

You just can't place your loan in someone else's name. That other person has to get his/her own loan for the car and pay off your loan.

User Avatar

You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.You can refinance the mortgage in your name if the property is on your name alone and the lender approves your loan.

User Avatar

Inheritance is actually part of the series' name. The book titles to date are Eragon, Eldest, and Brisngr.

User Avatar

V GAURD , the name you can trust

User Avatar

IF your name is on the LOAN papers, you are the co-signor and responsible for paying the loan if the debtor doesnt.

User Avatar

It will be easy to sue them if you had it in writing that they were responsible for the loan. If not, it will be difficult to prove since the loan is in your name.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.