Probate Notes: Your Guide to Navigating California Probate Law

036: Probate Cash Advances with James Leestma


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In this episode, Sam sits down with James Leestma — attorney, estate litigator, and owner of Advance Inheritance LLC — to break down everything you need to know about probate cash advances. Whether you're dealing with a looming foreclosure, an heir who can't afford to relocate, or a beneficiary who needs legal representation, a probate cash advance might be the solution you didn't know existed. James explains how these non-recourse assignments work, how they differ from traditional loans, and how they can be structured to benefit the estate as a whole.

James brings a combination of legal expertise and investment experience, having reviewed thousands of probate estates through his work at Advance Inheritance LLC. He covers lien priority, underwriting considerations, early repayment discounts, and real-world use cases practitioners encounter every day.

If you've ever been out of options in a probate matter, this episode is your next move.

In this episode, you will hear:

  • What probate cash advances are and how they differ from traditional loans
  • How non-recourse assignments work and what heirs can and can't assign
  • Common use cases including foreclosure prevention, relocation costs, and legal retainers
  • Lien priority rules when an heir takes multiple assignments from multiple companies
  • How attorneys can use cash advances as a fast alternative to ex parte injunctions
  • Early repayment discounts and how assignments get satisfied at final distribution

Resources from this Episode

https://advanceinheritance.com/

https://www.jamesleestmaprobate.com/

The 6-Stage Probate Process: How to Navigate California Probate: https://a.co/d/82310Rw

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Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.

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Probate Notes: Your Guide to Navigating California Probate LawBy R. Sam Price

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