Safe
The security of the clients’ exchange funds is of the highest priority. All exchange funds entrusted to Legal 1031 are deposited in separate segregated money market escrow accounts and are never co-mingled. Legal 1031 only deposits exchange funds in standard bank money market accounts and never “invests” any of the exchange funds. Preservation of principal is our highest priority. Each of the exchange escrow accounts is identified with the name of our clients and uses their taxpayer identification number.
Secure
At Legal 1031, the security of our clients’ exchange funds is paramount. We implement rigorous protocols, requiring written authorization and verbal confirmation for every disbursement to prevent unauthorized access. Funds are held in separate, client-specific escrow accounts, that are continuously monitored for suspicious activity. Our comprehensive security measures ensure that clients’ funds and information are always protected.
Reliable
Our goal at Legal 1031 is to take the uncertainty out of the transaction and make our clients feel comfortable. Many qualified intermediaries try to have you fill out forms over the internet and limit your conversations. Legal 1031 takes the opposite approach – we encourage our clients to contact us so that they feel confident and comfortable as they work through their transaction. Our goal is to “hold our client’s hand” through the exchange process while working closely with their tax, legal and real estate professionals.