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1st Choice Funding Provides Today's Innovative “No Risk” Financial Solutions For Trust Fund Recipients
An innovative financial tool from 1st Choice Funding is our “No Risk” Trust Funding Cash Advance program available to Estate and/or Trust
Beneficiaries. “No Risk” Trust Funding provides
cash now prior to settlement or collection. “No Risk” Trust Funding is
available to Estate and Trust Beneficiaries with an
innovative funding process that provides cash advances from $5,000 to
$10,000,000.00. “No Risk” Trust Funding Cash Advances position heirs with the capability of liquidating a portion of an interest
in an estate or Trust with no personal liability if Trust distribution does not occurs. In fact Trust Funding Cash Advances are re-paid only “if and when” the
estate or trust pays the distribution. Further once the amount owed from the Trust Funding is cared for by the Estate the beneficiaries receive the rest of the estate when distributed without delay. How is such possible and where does a “No Risk” Trust Advance come from?
Simply put: Trust funding has been made possible by financial guru's who’ve developed this program in the last few years, as capital is offered to an heir by private investors who assume all risk if distribution does not occur, or is delayed for years.
"No Risk" Trust Frequently Asked Question
Yes. If you are a Trust beneficiary of an estate in
Trust and your interest is worth at least $50,000, you may qualify for
an Trust advance. We pay cash immediately to buy a portion of your
interest in the estate. When the estate is ready to be distributed, we are
paid in full and the rest of your interest is paid directly to you.
Yes.
If your interest is worth at least $50,000, you may qualify for a Trust
Fund cash advance. We will not buy an interest in a Trust that contains
what is called a “spendthrift clause”. A “spendthrift clause” limits your
ability to make a binding transfer of your interest.
No. Your interest needs to be fixed, and we need to
be able to determine with reasonable accuracy when estate or trust
administration will be completed before we can make an advance to you.
We will
advance money from $10,000 to $10,000,000.00 depending on the size of the estate to be distributed. Within these limits we advance
one-third of the "quick sale" value of your Trust interest in your
Estate or Trust. Because Trust Estate and Trust administration involves
many uncertainties, we must use conservative guidelines for valuing assets plus deducting for taxes and expenses. As a result, the value we place on your
interest may be significantly lower than what you believe you will be
receiving from Trust, but such factors must be taken into consideration before making an offer and in no diminish the value of your Trust.
We have a special program that
allows you to qualify for more than one Trust advance with a single
application. This program insures that money will be there when you need
it. In addition by using this feature you'll save money as the interest accrues is reduced.
The
minimum advance is $5,000.
No. The estate or trust pays the
full amount owed when distribution to the beneficiaries occurs.
Absolutely Not. Poor credit alone will not prevent us from making a
Trust advance. While we must do a credit check to make sure there are no claims
that might prevent the Trust Estate from making a
distribution to us before anyone else, we look at credit for no other reason. For example in the event you're involved in a bankruptcy proceeding we must subtract items such as bankruptcies, judgments, and
outstanding child-support before determining the net value of your estate. We can though provide a Trust Funding Advance despite a
low credit score, and once we do we can even be employed to repair your damaged credit. If the net value of your interest meets our underwriting
guidelines, and there are no restrictions on your ability to assign a
portion of your interest, we can provide Trust Funding.
No. If we do not purchase an
interest from you then you pay us nothing. In the event we fund your Trust case we charge no fees in most cases and in the event fees are incurred, such are paid by the Estate or Trust upon distribution.
No. You are not responsible if the Trust Estate or
cannot repay us. We take the loss as the cost of doing business and in so doing you keep the money advanced "Risk Free".
Delays are a fact of life and are
one of the risks we assume. Under the purchase agreement you have an obligation not to interfere with the administration of the Estate or Trust and you must cooperate in seeing that distributions are made without delay. If you do not carry out this part of the bargain, you may
be in default and subject to claims beyond the amount assigned.
With
an immediate Trust non-recourse cash advance against an inheritance, you as
a beneficiary, will no longer have to wait until the end of the
lengthy Trust process to benefit from an Estate inheritance. With a
non-recourse Trust cash advance there's no risk to you, and if for some
reason the estate is unable to repay us, our investors take the loss, not you. Your cash advance money is yours to keep without repayment. With
non-recourse Trust cash advance funding there's no monthly payments and the Estate or Trust pays everything that is owed when distribution occurs.
If adverse
circumstances in life leave you plagued with bad credit, don't worry 1st
Choice Funding has innovative solutions to resolve credit issues
and put your financial life back on track.
For more information on Legal Credit Repair Click Here
Fiduciaries can use Trust funds to pay taxes and
mortgages while avoiding the risks and costs of penalties and defaults. With
1st Choice Funding's innovative non-recourse Trust Funding program you won't sell Estate property at "fire sale" prices because Trust Fund cash advances position beneficiaries with the financial stability to maintain your standard of living
while maximizing the Estate's full value.
"No Risk" Trust Funding Provides Cash Advances to Pay Bills
"No Risk" Trust Funding Provides Cash Advances to Pay Medical Expenses
"No Risk" Trust Funding Provides Cash Advances to Receive Needed Medical Care
"No Risk" Trust Funding Provides Cash Advances to Avoid a Financial Crisis
"No Risk" Trust Funding Provides Cash Advances Prevent Evictions, Foreclosure or Bankruptcy
"No Risk" Trust Funding Provides Cash Advances to Maintain A Standard of Living
