Probate Advance
Probate Advance is a privately-held, direct-to-consumer financial services company that provides non-recourse inheritance advances ($5,000–$500,000) to beneficiaries awaiting probate settlement, earning revenue through discount-based purchases of future inheritance shares.
- Company typePrivate
- Founded2018
- HeadquartersWhite Plains, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Probate Advance does
Probate Advance is a privately-held, direct-to-consumer financial services company that provides non-recourse inheritance funding to beneficiaries and heirs awaiting the completion of probate proceedings. Founded in 2018 and headquartered in Rye Brook, New York, the company purchases a portion of an heir's expected inheritance at a discount (typically 10-40% in effective yield) and is repaid directly from the estate when probate concludes. Advance amounts range from $5,000 to $500,000, representing roughly 20-40% of the expected inheritance share, with funding available within 24 hours of approval. The company serves beneficiaries who face financial hardship during probate's months-to-years timeline, as well as estate attorneys who refer clients in need of immediate liquidity.
The company's underlying platform combines document verification, executor confirmation, and case management workflows to underwrite and service these non-recourse positions. Operating nationwide (excluding Maryland and Virginia), Probate Advance distributes its services through multiple channels: an SEO-optimized educational blog of 60+ articles, a 24/7 phone sales operation, an online application portal, and a formal estate attorney referral program. The risk-free structure—where beneficiaries owe nothing if the estate fails to pay—differentiates the offering from traditional loans, which has no credit check, no income requirement, and no monthly payment.
Probate Advance earns revenue through a transaction-based model, capturing the discount between the cash advanced and the inheritance portion purchased. The company operates with a lean 1-10 person team and has stated it has helped thousands of heirs receive inheritance funds faster. Pricing is quote-based rather than publicly disclosed, with effective fees varying based on risk factors and the estimated time to estate settlement.
Probate Advance firmographics
Firmographics- Name
- Probate Advance
- Legal name
- Probate Advance
- Website
- https://probateadvance.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Probate Advance is a privately-held, direct-to-consumer financial services company that provides non-recourse inheritance advances ($5,000–$500,000) to beneficiaries awaiting probate settlement, earning revenue through discount-based purchases of future inheritance shares.
- Ownership category
- akta.pro rank
Probate Advance industry classification
Industry- Product category
- Inheritance Funding
- NAICS
- Trusts, Estates, and Agency Accounts (52592)
- akta.pro primary industry
- Estate & Probate Administration Services (FSAEAKAD)
- akta.pro secondary industries
- Estate Administration & Probate Services (FSAAANAE), Refund Anticipation Loans (RAL) & Tax Advance Credit (FSAKAMAH)
Keywords
Where Probate Advance is headquartered
LocationHeadquarters
- HQ city
- White Plains
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Probate Advance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Others
Revenue model
- Inheritance Advance Discount Purchase: Probate Advance purchases a portion of a beneficiary's expected inheritance at a discount. The company is repaid directly from the estate when probate concludes. The advance amount is typically 20-40% of the expected inheritance, with fees ranging from 10-40% depending on risk and settlement time. This is a transaction-based revenue model where the company earns the difference between the advance provided and the inheritance portion purchased.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Inheritance Advance (20-40% of expected inheritance) |
| Unit Pricing | Pay-as-you-go | Funding Range ($5,000 - $500,000) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Probate Advance product offering
Product offeringCore offering
Probate Advance purchases a portion of a beneficiary's expected inheritance at a discount and pays the heir an immediate lump sum, typically 20–40% of the anticipated inheritance, between $5,000 and $500,000. The advance is non-recourse: the beneficiary owes nothing if the estate does not pay, and Probate Advance is repaid directly from the estate when probate concludes, generally within 24 hours of approval.
Product overview
Probate Advance offers a single core product—an inheritance funding service that provides heirs with immediate access to a portion of their expected inheritance while probate is pending. Unlike loans, this is a risk-free advance where the company purchases a portion of the future inheritance and is repaid directly from the estate. The company operates nationwide (excluding Maryland and Virginia) with funding amounts ranging from $5,000 to $500,000, and can deliver funds within 24 hours upon approval. Supplementary offerings include an estate attorney partnership program, a referral program, and an educational blog covering probate and inheritance topics.
Differentiator
Problem solved
Functional benefit
Products and services
- Inheritance Advance Non-recourse funding service that allows individual probate heirs and beneficiaries to receive an immediate lump-sum advance of typically 20–40% of their expected inheritance, between $5,000 and $500,000, in exchange for assigning a portion of the future inheritance at a discount. Funds can be delivered within 24 hours of approval, with no credit checks, no income requirements, and no monthly payments; the beneficiary owes nothing if the estate does not pay.
- Estate Attorney Partnership Program A dedicated service channel for estate attorneys that allows them to refer clients to Probate Advance to access immediate inheritance funds during probate. The program supports attorneys with a streamlined diligence call and assignment agreement and includes compensation for time attorneys or the estate spend on the process; it addresses client needs such as covering legal bills, funding estate expenses, or financing relocation from estate property.
Quantifiable outcome
- Funding available in as little as 24 hours upon approval
- +3 more outcomes
Companies that use Probate Advance
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
Probate Advance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Probate Advance partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Probate Advance competitors and assessment
Company assessmentBroad incumbents
- JG Wentworth: Long-established structured-settlement and annuity buyer that has expanded into inheritance and probate funding. Larger and more diversified than Probate Advance, but overlapping directly in inheritance advance offerings.
- DRB Capital: Specialized purchaser of structured settlements, annuities, and legal receivables including inheritance and probate claims. Comparable through its purchase-of-future-payment model, though serving a broader set of asset classes.
Emerging players
- Trust & Will: Digital estate-planning platform creating wills and trusts online. Not a funding competitor, but targets the same end customer (individuals navigating inheritance) and shares Probate Advance's content-led, SEO-driven acquisition strategy.
Direct peers
- Boncura Probate Loans: Provides inheritance and probate advances to heirs awaiting estate settlement. Competes head-to-head with Probate Advance in the non-recourse advance category, using similar underwriting against the estate's expected distribution.
- Fast Probate Loans: Online-focused probate loan provider offering quick funding to heirs. Competes with Probate Advance on speed, simplicity, and direct-to-consumer acquisition for the same beneficiary persona.
- Inheritance Funding Company: One of the largest and most established inheritance advance providers in the US, offering non-recourse cash advances against pending inheritances. Directly competes with Probate Advance in the same product category, target customer (heirs/beneficiaries), and underwriting approach.
- LegalFunds: Provider of pre-settlement and probate funding to plaintiffs and beneficiaries. Overlaps with Probate Advance on the probate/cash-advance product and beneficiary segment, with similar non-recourse structures.
- Cash Now for Inheritance: Inheritance funding provider offering cash advances on pending estates, serving the same heir/beneficiary segment. Comparable to Probate Advance on ticket size, fee structure, and risk-free positioning.
- OliveBranch Funding: Probate and inheritance funding company purchasing portions of expected estate distributions. Directly comparable in business model and target customer, serving heirs nationwide.
- Prophecy Probate Funding: Specialist probate funding company that purchases a portion of heirs' future inheritance for immediate cash. Closely comparable to Probate Advance on product structure (non-recourse), customer segment (probate beneficiaries), and distribution (estate attorney referrals).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Probate Advance social profiles
Digital presenceProbate Advance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Probate Advance leadership team
Management profileNumber of profiles
Profiles1 record
Probate Advance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Probate Advance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Probate Advance
What does Probate Advance do?
Probate Advance purchases a portion of a beneficiary's expected inheritance at a discount and pays the heir an immediate lump sum, typically 20–40% of the anticipated inheritance, between $5,000 and $500,000. The advance is non-recourse: the beneficiary owes nothing if the estate does not pay, and Probate Advance is repaid directly from the estate when probate concludes, generally within 24 hours of approval.
Is Probate Advance a public or private company?
Probate Advance is a private company. It is classified as unknown and is currently operating.
When was Probate Advance founded?
Probate Advance was founded in 2018. It employs 1 to 10 people.
Where is Probate Advance based?
Probate Advance is headquartered in White Plains, United States, in the North America region.
How does Probate Advance make money?
One revenue line is on record: inheritance Advance Discount Purchase.
Who are Probate Advance's main competitors?
Broad incumbents on record are JG Wentworth and DRB Capital. Trust & Will is listed as an emerging player. Direct peers are Boncura Probate Loans, Fast Probate Loans, Inheritance Funding Company, LegalFunds, Cash Now for Inheritance, OliveBranch Funding and Prophecy Probate Funding.
Does Probate Advance have an API?
No public API is recorded for Probate Advance.
What industry is Probate Advance in?
Probate Advance's product category is Inheritance Funding. Its primary akta.pro industry code is FSAEAKAD, Estate & Probate Administration Services, with a secondary code of FSAAANAE, Estate Administration & Probate Services. Its NAICS code is 52592.