|   Escrow Services   |

United Western Trust’s Escrow Services –We are experienced in many escrow relationships, both simple and complex. Our experience can help ensure that all parties’ interest are handled in a professional, fair and equitable manner.

As an escrow agent, we act as a neutral third party by safekeeping monies and/or other properties in situations where an independent third party is needed. The escrow funds or property is held until the terms of the contractual obligations (usually between two other parties) are fulfilled.

Services provided:

• Deposit escrow funds in an FDIC-insured money market account
• Release of escrow proceeds according to the terms of the escrow agreement
• Provide periodic reports to confirm escrow account activity
• Filing of IRS Form 1099
• An experienced, friendly Escrow Service group for your questions

Examples:
The following situations are examples of situations where escrow arrangements can be used effectively:

• Asset Purchase or Sale
• Life Insurance Settlements
• Investment Offerings (including both public and private offerings)
• Mergers, acquisitions and buy-outs
• Sales, purchases or other transactions

Features:

• Generic escrow agreement that can be structured to accommodate deal
• Flexibility to customize the escrow agent's duties
• Receive, deposit and disburse cash
• Periodic reports of account activity

Benefits:

• Minimizes administrative burdens, delivers exceptional speed and accuracy
• Improves your ability to secure profitable business deals
• Ensures smooth, cost-effective account operation
• Gives you access to vital escrow and investment services 
• Offers safety of escrow funds in an FDIC-insured money market account
• A cost effective solution for your escrow needs