Other Services
Borel Private Bank & Trust Company offers additional wealth management services as follows:
CUSTODY ACCOUNT – Borel Private Bank & Trust Company can take care of the following responsibilities for you through a custody account:
- Bill Paying
- Safekeeping of assets, record keeping
- Collecting and distributing income, and executing purchases and sales as directed by you or your independent investment counselor
- Monthly Statements and online access
- Collecting rents, paying property taxes, collect notes, handle insurance renewals and payments and other services of property administration
- Monitoring of Corporate Actions, Capital Changes and Bond Calls and Maturities
ESCROW ACCOUNTS – Do you need a divorce or litigation escrow? Are you selling or acquiring a business? With an escrow account Borel can safeguard assets under an agreement until contingencies are met. We hold back cash, stock certificates, patents or copyrights in the event claims develop during escrow and disburse property according to the escrow terms.
1031/STARKER EXCHANGES – Are you selling real estate? Borel will serve as intermediary for the proceeds of a real estate sale until replacement real estate is purchased in a 1031/Starker Exchange for tax deferral.
For more information on Custody Accounts, Escrow Accounts or 1031/Starker Exchanges please call 650-378-3720 or visit the location most convenient for you.