Why Inheritance Advances Are Different from Loans If you have been considering getting an advance on your inheritance, you may have heard people warn you against it. Recent news articles have discussed the inheritance advance industry and suggested that, rather than advances, they are actually loans. They are not. There is a significant difference in an inheritance advance and an inheritance loan, which we will explain later. However, some of the concerns that the people writing the articles point out are valid, and we are going to discuss them as well. in Finance & Loanwith inheritance-advances!by 14 users