18) ESCROW EXPLAINED BY ZACH FRENCH VP OF SEEDTRUST

In this episode, we interview Zach French, Vice President of SEEDTrust, 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