Direct Private Capital Group, Inc.

Surviving family members can use probate and estate loans to pay for funeral expenses or other outstanding debts.

Probate loans are typically granted to parties who need money to cover the costs of a loved one’s final expenses, including burial costs and medical bills. Probate loans offer quick funding for any reason, including home repairs or unexpected medical bills.

Estate loans are similar to probate loans in that they help people pay for unexpected expenses. Estate loans work well for anyone who needs a small amount of cash in a hurry but doesn’t have access to an emergency savings account — such as seniors who live on a fixed income and don’t have enough money saved up in case of an emergency.