A one-time fee: a percentage that is linked to the term of the desired maturity value which increases as the term decreases. There are no annual fees, commissions or broker’s fees and the Trust is not subject to probate or taxes until paid out.

Members who purchase vacation ownership programs become the beneficiaries of an independent and registered International Trust. That means the Trustee, who manages Bloom Holdings Trust, has been instructed to pay 100% of the purchase price under an agreement that adheres to the registered instructions. Failure to live up to the terms of the agreement may lead to a loss of the right to claim.

The beneficiary is entitled to a full 100% refund of all monies invested in the vacation program, plus any associated costs that are indicated to be included in the value of the Trust Certificate. Those associated costs include previous vacation club purchases, projected flight costs, all-inclusive fees and interest on financing.

There are three components in the fiduciary relationship of a Trust. One party, known as the Settlor, gives another party, the Trustee, the right to hold title to property or assets for the benefit of a third party, the Beneficiary. Trusts are established to provide legal protection for the Beneficiaries’ assets to make sure they are distributed according to the instructions of the Irrevocable Trust.