ESCROW EXPLAINED BY ZACH FRENCH VP OF SEEDTRUST
Channel: IVF DADDIES
Date: 2024-02-21

In this episode, Richard Westerby interviews Zach French, Vice President of SEED Trust, an independent escrow company in the surrogacy industry. Zach shares his personal surrogacy journey and the challenges he faced, which led him to co-found the Gift of Surrogacy Foundation. He also discusses the need for more support and transparency in the surrogacy industry. Zach explains the role of SEED Trust as an independent escrow company, ensuring the safety and security of funds throughout the surrogacy process. He highlights the importance of bonds and insurance in protecting clients' funds. Zach emphasizes the personalized support and communication provided by SEED Trust to intended parents and surrogates.

Takeaways

Surrogacy can be a viable option for individuals and couples who are unable to have children naturally.
The surrogacy journey involves various challenges, including financial costs, legal contracts, and emotional negotiations.
The Gift of Surrogacy Foundation aims to provide support, education, and financial assistance to families going through the surrogacy process.
SEED Trust is an independent escrow company that ensures the safe and transparent handling of funds in the surrogacy journey.

Chapters

00:00 Introduction and Background
00:59 Discovering Surrogacy as an Option
01:55 The Surrogacy Journey and Challenges
03:18 The Gift of Surrogacy Foundation
05:09 The Need for Support in the Surrogacy Industry
07:29 Meeting Richard and the SEEDS Conference
08:55 Introduction to SEED Trust
09:54 The Role of an Independent Escrow Company
10:48 Ensuring Safety and Security of Funds
12:42 The Importance of Bonds and Insurance
15:01 Costs and Fees of Escrow Services
16:27 Transparency and Access to Account Information
18:16 Handling Mistakes and Liability
21:04 Legal Representation and Contract Clarity
22:26 Bond Coverage and Insurance Claims
23:52 The Importance of Escrow in the Surrogacy Process
24:22 Personalized Support and Communication
26:18 Conclusion and Appreciation