Innovest collects a small portion of what is paid for a vacation plan or service package. Those payments become assets. Innovest, which is the Settlor, assigns those collected assets to Bloom Holdings Trust™ located in the Cook Islands.

Once those assets are assigned to the Trust, the Trustee is bound by law to steward those assets precisely according to the rules of the Trust, rules which include paying a full refund to the Beneficiary after the date of maturity.

The Trustee acts under very strict privacy laws and regulations. Confidentiality is paramount. Non-disclosure and privacy are requirements, otherwise fines and legal action, including imprisonment, may be levied.

The law is clear, the Trustee must properly steward the assets and distrubute according to the Terms and Conditions depicted in the Trust Instructions.

Trustees are licensed by the government after being vetted thoroughly. They are registered, certified and bonded by the Federal Government and must protect the assets of their assigned Trust even to their own detriment if necessary.

The Beneficiary is the person who is assigned to receive the repayment at maturity and may be the owner of the timeshare, vacation club or service package. Alternatively he, or she may choose to appoint a spouse, family member or loved one.