Probate Inheritance Timeline

If you are an Heir or Beneficiary of a Probate or Trust, whose Inheritance or Trust is in Probate – you are probably aware by now that the Probate process may take a lot longer than you originally thought.

Heir Advance Company invites you to use our Probate Timeline (below) as an Inheritance reference tool to estimate how much longer you must wait to access your Inheritance. This may affect your decision on whether to apply for an Inheritance cash advance, or not.

As you wait for your Inheritance, you may be able to identify which stage of the Probate process you are presently in, as you wait for your Probate to fund, or your Trust to close. Probate is an unpredictable legal procedure, so bear in mind that the Probate timeline below may not be entirely accurate in all situations.

If you have any questions regarding the specific phase of Probate you are presently in, the Probate process in general, or would like to discuss your specific Inheritance situation with a Probate Funding Advisor, in order to decide if a cash advance on your Inheritance is the right thing for you – give us a call!

If you require an advance on your Inheritance for any reason or purpose at all, and would like a free no-obligation quote – call us. We can help.

Call us today: (800) 775 - 8044

Estate Prepares & Files Petition for Probate
Hearing on Petition for Probate
Issue Letters of Administration, Orders For Probate, Duties & Liabilities.
Probate Issue Bond (if ordered)
Notice to Creditors during Probate
Notice to Dept. of Health Services: Estate Inventory & Appraisement
Pay State/Fed Taxes on Estate during or after Probate (if necessary)
Allow or reject creditor claims during Probate
Possible Preliminary Inhertiance Distributions during Probate
Notice to Dept. of Health Services during Probate (if deceased received medical)
Notice to Franchise Tax Board (if Heir or Heirs of Probate are out of state)
Claim of Inheritance exemption (if assets Transfer to a minor during Probate)
Receive final Inheritance tax letter from State & Federal (if appropriate)
File Petition for Final Distribution and Accounting during Probate
Hearing on Petition for Final Distribution and Accounting during Probate
Order approving Final Distribution And Accounting for Estate in Probate
Distribution of Assets to Heirs of the Probate
Final Discharge Order of the Estate in Probate
Final Distribution of Estate Funds, Concluding Probate

General Info - Probate

What does "probate" mean? What is the purpose of probate?
How long does the probate process take? How does probate begin & end?
What costs are involved to initiate and complete the probate process?
How are Federal and State taxes owed by the deceased, by the estate, dealt with during probate?
How, why and when is probate a necessary legal process? Does this apply to all states?
Where does probate physically take place, where is it initiated and managed from?
What exactly is the "Uniform Probate Code"? Does this apply to probate of inheritances in all states in the U.S.?
Can we take care of probate without an actual "probate attorney" being involved?
Is probate mandatory after someone passes away? How could we completely avoid probate?
During probate, how do we deal with debts left behind by the deceased?
Who is responsible for handling all the stages of probate, beginning to end; often taking 2 years or longer?
What do we do if the deceased owned land, a mobile home or houses in various states?
What are the chief duties of an Executor or Personal Representative during probate?
Is probate actually useful? If so, in what ways?
If I do agree to serve as an Executor during probate, do I get paid a salary or fee?
Do all assets, stocks, bonds, property, cash, etc. have to go through probate?
What happens if the Personal Representative of the probate does an incomplete or shoddy job?
How are creditors of the estate (parties the deceased owed money to) dealt with during probate?

General Info - Probate & Will

Is it always necessary to go through probate if there is a valid Will?
If I am named as Executor in the Will during probate, do I have to take on this responsibility?
How should probate unfold with an uncontested Will?
If the Will is missing, how would one determine if there was a Will to begin with?
What does one do if there is no valid Will, or the Will cannot be found?
What is involved in a formal Will contest during probate?
What often happens if there are formal objections made to the Will during probate?
How do I protect my Will to make sure no one can challenge it?

General Info - Trusts

What exactly is "a trust"? What makes it a legal estate instrument?
What are the most popular forms of trusts in the US?
What is a trust estate?
What is the difference between a Trustor, a Trustee and a Beneficiary?
What are the duties and responsibilities of a Trustee?
How do I establish a Trust that is in line with my, and my family's, specific needs?
Where would a Trust be physically located?
Can one create a trust, serve as the trustee and also be the trust beneficiary?
How is a "trust agreement" different than a "declaration of trust"?
What are some of the different forms a trust instrument can take?
What are some of the ways a trust can be an effective estate planning instrument?
What type of people should create a trust?
How much does it cost to create and maintain a trust?
When is a good time in ones life to plan and create a trust?
How does one go about selecting trustees and successor trustees?
What is "conservatorship" all about, in relation to a trust or probate?
How can a trust prevent a conservatorship proceeding?
How could a trust legitimately lower the federal transfer tax liability of an estate?
What protection is created for my family by having a "revocable living trust"?