Inheritance Advances
When waiting isn’t an option.
Estate and inheritance claims can take months and even years before they’re resolved. And even after the entitlement is confirmed, it can take between six and twelve months to transfer all the funds, assets and property in an estate. Tailor Law offers a short-term funding solution from BridgePoint Financial that provides access to a portion of the funds or assets to which you’re entitled.
Funds now. Repay when estate is finalized.
If there are bills to pay, estate debts, funds needed for increasing the value of the estate, or if you would like an advance for personal reasons, this solution provides access to your funds now.
There’s no need to play the waiting game. With an advance on your inheritance, you’re in a financial position where you can take care of estate expenses, legal fees and investments, or access the funds now at your own discretion.
Simple and fast
No hidden fees
No credit checks
Up to any amount
A solution that ticks all the boxes.
Whether you are an executor, beneficiary or both, inheritance advances can be used to your advantage. Aside from estate costs and probate fees, as a trustee/executor you can leverage the funds to maximize the value of the estate by doing minor repairs or renovations to the estate property before the home is sold. As a beneficiary, you can use an inheritance advance to capitalize on timely investments, paying of debt or living expenses, confident that you will eventually receive your funds and won’t be out of pocket.
A simple, quick, easy and stress-free process: Simply complete an application and a BridgePoint representative may contact you if additional information is required.
Once your loan is approved, funds can be advanced in as little as 24 hours.
Things to keep in mind before applying.
- An estate solicitor must have been retained.
- You must be a beneficiary and/or trustee of the deceased’s estate.
- The estate must be based in Canada.
- Information regarding estate assets and liabilities must be available.
- The estate cannot be in litigation.
- Distribution of the estate must be flow through law firm’s trust account.
About BridgePoint Financial
BridgePoint is Canada’s leader in legal finance offering innovative and value-added funding solutions with an unwavering focus on client service. Thanks to an unparalleled record they have trusted relationships with law firms across the country. They do not take that trust lightly and continually develop industry-leading products, providing an exceptional experience and favourable outcomes for individuals and law firms alike.
The Funding Process
The process for receiving a divorce loan is as simple and straightforward.
Apply today and Tailor Law will assist you with the following steps:
Application
Client completes application on Tailor Law website.
Notification
Email notifications are sent to the client, the designated Tailor Law representative and BridgePoint.
Review
BridgePoint contacts Tailor Law rep. and subsequently client for complete details to assess application.
Determine lump sum, line of credit or staged funding.
Approval
Based on all required information, the application is either approved or denied. Client is notified, and if approved, loan documents are completed and signed.
Funds
Funds issued to client.
Application
All fields marked with an asterisk (*) are required.
If you require assistance with the application, please contact BridgePoint Financial at: 1-888-800-4966.