Escrow or Collateral

This type of trust is a mechanism by which the trust creator (borrower) contributes assets or rights to the trust to serve as a guarantee for a third party who has granted a credit or financing (lender), and who is the primary trust beneficiary.

Benefits

• Trust creators and beneficiaries can be individual or corporations.
• The trust indenture includes and out-of-court settlement clause (process of sale and/or foreclosure of the property placed in trust) in the event of a default on payment obligations.
• Legal certainty for the primary trust beneficiary, because the trustee will apply all of the trust equity to cover obligation in the event of a default by the trust creator on the loan or financing extended.

Choose the type of trust that best suits your needs and let us manage it with the quality and efficiency we are known for.