Overview
Escrow arrangements offer a perfect solution when you and another party require cash to be held by a third party until certain conditions are met. Our goal is to minimize risk, ensure financial obligations are met and safeguard assets throughout the process.
Acting as liaison between parties, our specialists act as a single point of contact throughout the execution of the agreement. We provide reliability, cost efficiency and expedience, with a commitment to exceptional service, to ensure you are well served, well prepared and well protected.
Third-Party Escrow Services
1031 Tax-Deferred Exchanges
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Third-Party Escrow Services
Services range from escrow agreement review and account setup to tax reporting and final closing assistance. BNY Mellon Wealth Management’s escrow capabilities are a reliable and cost efficient way to manage through an array of agreements, including class actions and divorce proceedings, corporate mergers and acquisitions, and much more.
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1031 Tax-Deferred Exchanges
1031 tax-deferred exchange services support real estate investors and business owners seeking tax-advantaged strategies for the sale of appreciated investment property. We provide a qualified escrow account where proceeds are held with BNY Mellon, N.A., and funds cannot be withdrawn without signatures from both the client and the qualified intermediary.
