Not all advances for inheritances are the same. Some charge an interest rate and have specific requirements you must meet. This product is often termed estate loans, probate loans or broker loans and may use your inheritance as collateral. Others are not really a loan at all because you do not pay any interest on the money. You will want to know how much of your inheritance you need to receive now. You may need the money to manage the estate assets or to pay or your living expenses.If you were a caregiver for the deceased, you may have even gotten into a tough financial situation during that time of care and need the funds now to help you get back on track. Make sure you find out about the requirements and details of the inheritance advance as well as any hidden fees before you are ready to select an advance company. You want to know what you are getting and the terms of the loanbefore you sign the paperwork and accept an offer. Read the privacy policy, any disclosure paperwork and FAQs on the website, as well as testimonials from other clients to find out about the company. Beware of inheritance scams as you do your research. You can also make a phone call and ask questions before applying. You also want to know if the company can do business in your state. You will find advance companies from New Jersey to Ohio to Puerto Rico and many of them are licensed to provide advances in multiple states. This is especially important if you do not live in the state where probate is taking place. Probate Advance offers advances instead of loans, which are better for the clients because there is no interest to pay. They are purchases of an assigned interest in the inheritance, which means the company must collect the money directly from theinheritance and not the customer.