At Untangled, our Estate Advance loan is designed to help executors pay Inheritance Tax before Probate is granted. Our loans provide funding to cover Inheritance Tax and other estate expenses, helping keep the probate process moving. The loan is designed to be repaid from the estate once it has been settled.
Inheritance Tax often needs to be paid before Probate can be granted, which can create challenges when the estate's assets are tied up in property, investments or other assets. If there isn't enough readily available cash in the estate, executors may need an alternative funding solution to meet HMRC deadlines and avoid delays.
Our Estate Advance loan provides access to funds when Executors need it most, allowing executors to settle tax liabilities and continue administering the estate. Once Probate has been completed and the estate assets have been distributed, the loan can be repaid directly from the estate.