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Funding the First IHT Instalment So Probate Could Move Forward
We were recently approached by a Law firm who were seeking funding support from Ampla Finance for a loan of approximately £11,000
The Law firm were acting as executors of the estate. Not a relative. Not a friend. A professional stepping in to take responsibility where no one else could. They required funds to cover the first instalment of the inheritance tax payment, as well as executor fees incurred during the administration process.
The twist? We weren’t asked to fund the full IHT liability, just the initial payment needed to get probate granted. A slight shift from the “norm”, and exactly the kind of scenario where agile funding can help to unlock progress.
We acted. We worked alongside the solicitors and, following completion of our underwriting and affordability assessments, we provided a regulated loan to cover costs so the estate could move forward.
This is our aim: We seek to unblock. We strive to enable. We assist with moving estate funding challenges from stuck to sorted.
Lending decisions are subject to Ampla Finance’s suitability criteria, underwriting assessments, and affordability checks. Products are subject to change and may not be suitable for everyone.
If you are unsure about your options, you should seek independent legal or financial advice.
This illustration does not constitute financial advice.