The collateral could be in custody of an attorney for legal matters like foreclosure.  

There is a provision for this in the Custodial Account Agreement.

When using it to invest in real estate, it is far superior to the custodial version.

A trustee as the recorded legal title holder can preserve proper chain of title custody while providing really nice anonymity to boot if you want some additional privacy.

I had buyers and we were under contract they could not make it happen on closing date  due to a divorce decree agreement custody issue.

I have a home that I lease out to a Tennant, she is a divorced lady with 2 young kids kids that she shares custody with her ex.

The U.S. taxpayer identification number (TIN) of all parties to the transaction must be on the application for a withholding certificate (pg 2)”https://www.irs.gov/pub/irs-access/f8288b_accessible.pdfThe IRS is trying to make sure they can chase whoever has custody of the funds owed to the IRS and they do that by mandating the SSN.

You need an IRA custodial account with the custodian who allows alternative investments.

I'm looking for suggestions, investors, lenders, or alternative ideas.Back story: So my husband and I are separate but not yet divorced because we can't come to any agreement on child custody.

If they resist they can be taken into custody, which happens time to time and would probably have been the expected result in this case.