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A new startup called Provira is helping families across Britain pay their pressing inheritance tax bills, offering an immediate cash advance to pay their inheritance, before their probate is granted.
When someone close to you dies, the emotional impact can be overwhelming. Families are often trying to cope with grief, organise funerals and support each other. At the same time, many people suddenly face large financial responsibilities linked to the estate. This can create stress at a time when people are already vulnerable and is the situation for the 600,000-700,000 deaths recorded in Britain each year.
In the UK, inheritance tax laws mean that the tax becomes payable if an estate is worth more than the tax-free allowance. When the home is passed to children or grandchildren, many families can pass on up to £500,000 tax-free. Anything above this is taxed at 40 per cent. This means a £100,000 excess could create a £40,000 tax bill, which many families do not have sitting in savings.
The tax must normally be paid within six months of the date of death. If it is paid late, interest and penalties can apply. This puts pressure on executors and beneficiaries to find money quickly, even though the estate itself may be valuable.
How Provira bridges the gap
This is where Provira steps in. Provira offers two types of tailored finance — Inheritance Advances and Estate Advance loans — designed to bridge the gap between when inheritance tax is due and when you receive your inheritance or when the estate is fully dealt with.
An Inheritance Advance lets a beneficiary access up to 50 per cent of their future inheritance within days, rather than months or years, also known as an inheritance tax loan. This is based on the value of the estate’s assets and not on your personal credit history. In practical terms, that means if you are due to inherit a share of an estate, you could borrow part of that value straight away — often starting at £20,000 and upwards — to cover pressing costs.
The gap between tax deadlines and probate
One of the biggest problems families face is timing. The legal process of probate often takes nine to twelve months, and sometimes longer if the estate is complicated. If there is property to sell, overseas assets, missing paperwork or disagreements between relatives, the delay can stretch well beyond a year.
During this time, most of the estate’s money is locked away. Property cannot usually be sold and bank accounts may be frozen. Even though the value exists on paper, the cash cannot be accessed. This creates a serious gap between when tax must be paid and when the inheritance is actually received.
This situation affects thousands of families every year. In the UK, around one in five estates that go through probate face some form of inheritance tax liability. For many people, this gap causes anxiety, forces them to borrow personally or even consider selling assets quickly at a lower price just to raise funds.
An Estate Advance loan works similarly but is aimed at executors or administrators of an estate. Provira can provide funds within a few days to help pay the inherited tax bill, legal fees, funeral costs, property repairs or other estate expenses. The money can even be used to pay HMRC directly, helping executors avoid penalties or interest that could arise if tax is paid late.
Paying the loan back once probate ends
One of the biggest advantages of this type of funding is how repayment works. There are usually no monthly repayments while probate is ongoing. The loan is settled in full once probate is granted and the estate releases its funds or property is sold.
This means families do not have to juggle regular payments while also managing grief and paperwork. Interest is normally charged on a simple basis rather than compounding, helping to keep costs more predictable and manageable.
Because the loan is repaid directly from the estate proceeds, it reduces the risk of personal financial strain on beneficiaries or executors.
Reducing stress during a difficult time
Financial pressure can make an already painful situation even harder. People often feel overwhelmed by forms, deadlines and unexpected bills while trying to mourn properly. Having access to funding that bridges the timing gap allows families to focus on practical decisions rather than panic over cash flow.
Instead of rushing to sell a family home or borrowing from relatives, structured inheritance funding provides breathing space and stability. It ensures tax obligations are met on time and allows the estate to be handled carefully and fairly.
In simple terms, this type of support helps families move through probate with dignity, security and less financial fear during one of the most challenging moments of their lives.
