At ADE, we are your full-service 1031 expert.

The ADE Edge

What Gives ADE the Edge?

At ADE, we are your full-service 1031 expert. Through years of experience, we can offer our clients and their allied professionals a complete toolbox of choices and strategic solutions. Our goal is to always exceed our client’s expectations, both in innovation and service.

"Triple Protection" Security of Funds

The safety of client exchange funds is our primary concern. We have taken additional steps to secure client funds by implementing our “Triple Protection” program to ensure the highest level of safety. First, each client’s proceeds are wired directly from the relinquished closing and go into a new segregated account set up solely for the benefit of the exchanger. Secondly, we require the clients written or email authorization anytime funds are moved. Finally, we also offer a Qualified Escrow Agreement (additional fees may apply). This agreement is signed by all parties governs the exchange. This document legally distinguishes the client’s ownership of the funds and creates a firewall from any potential creditor claims.

Additionally, ADE uses banks with very sound ratings. Funds are FDIC insured up to $250,000.

We are currently using Customers Bank and TriState Bank because they have developed a program specifically designed to meet the Internal Revenue Regulations and provide the client safety measures outlined above. They provide specialized services for 1031 depositors including direct 1099’s, and you receive a monthly account statement.

Proprietary Process

The exchange process involves a number of documents and timely steps to successfully complete a 1031 exchange. A number of these requirements are time sensitive. As part of our service, you will receive timely reminders about upcoming deadlines, a written acknowledgement when we receive your property identification letter, and a projection of the ending date of your 45-day and your 180-day time frames. Additionally, you will receive a courtesy letter stipulating the amount of proceeds we received and the amount of debt repaid (if applicable) so you can better understand your replacement requirements for total tax deferral. We will also review your settlement statements to help you achieve the best possible documentation of your transaction. (Note: These additional services are provided as a courtesy and should not be solely relied upon. Each client should seek the advice of their tax professional.)

Stay Connected