As a Law Firm, our accurate and dependable escrow fund management is conducted exclusively through an IOLTA (Interest On Lawyer Trust Accounts)Trust Account. Such trust accounts must be held in accordance to the Rules of both the Supreme Judicial Court, and the Massachusetts Board of Bar Overseers. All client funds are fully insured by the FDIC. To learn more about IOLTA accounts, please visit http://www.maiolta.org.
Whether you have trust management needs for a surrogacy, egg donation, or both, you can be confident that all financial activity surrounding these complicated arrangement will be taken care of accurately and efficiently. All expenses associated with your arrangement such as screening expenses, travel expenses, medical payments, compensation, and insurance maintenance, will be paid through your escrow account in accordance with the terms of your reproductive contract. You will be given monthly updates on the status of your account, with all expenses categorized and detailed for your review.
Additionally, by separating the financial and emotional elements from this process, you will be able to focus solely on the relationship you seek to have with your carrier or donor (if known), without the burden of direct financial involvement, where misunderstandings can often arise.
If you have any questions about our Escrow Management services whatsoever, or if you would like to talk about your situation in a general way, please don't hesitate to Contact Us any time.