Inheritance Funding Glossary

This page will serve as a complete glossary of terms related to inheritance funding, probate, and estate administration.

Many heirs encounter unfamiliar legal and financial terminology during the probate process, and this glossary will provide clear, plain-language definitions to help them navigate the system with confidence.

The full glossary will include terms related to probate timelines, executor responsibilities, estate valuation, inheritance advances, and non-recourse funding.

It will also explain key legal concepts such as intestacy, letters testamentary, estate assets, creditor claims, and distribution schedules. Each definition will be written to help heirs understand how the term applies to their situation.

Another focus will be clarifying the differences between similar terms, such as inheritance advances vs. probate loans, or executor vs. administrator. This helps eliminate confusion and ensures heirs understand the structure of their case and the funding options available to them.

While the full glossary is being developed, you can explore our inheritance advances, review probate advance loans, or visit our inheritance funding knowledge base.

To see whether your inheritance qualifies for funding, you can begin a confidential request on our apply page.