LLC IRA Facilitation Terms & Conditions
These Terms & Conditions are to clarify the nature and extent of the more significant implications that underlie this or any consulting engagement entered between the signor of the enclosed application (hereafter referred to as ‘Client’ and Perpetual Assets LLC.
Scope of Agreement
Perpetual Assets LLC is a retirement account facilitator which provides services based on information furnished by the Client. Services provided are fee based for the production of specified documents and provided related services. These services include document production, account set-up, assistance in the funding of transfers and rollovers. The fee includes filing LLC articles of incorporation with most states and obtaining a federal tax identification number. Email customer support is also available. Specific cases may require Perpetual Assets LLC to refer the Client to a specialized tax advisor or legal practice qualified to render an opinion.
Limitations on Scope of Services
All information provided by Perpetual Assets LLC to Client regarding legal or tax topics related to this Agreement are for informational purposes only and should not be construed as a legal opinion or forming an attorney-client relationship. Fees paid do not include expedite fees, establishment and/or annual maintenance fees with the custodian, Secretary of State or franchise taxes.
It is the Client’s responsibility to provide complete and accurate representations to Perpetual Assets LLC. The Client understands that Perpetual Assets LLC has no duty to monitor additional actions by the Client in regards to their retirement account(s) or reporting obligations in the future. Client acknowledges the retirement plan being established is a LLC IRA which the Client is solely responsible for the investments that are made. Perpetual Assets LLC will not be held liable for the success or failure of investments made within the Client’s retirement account. The Client is responsible for payment of ongoing maintenance fees with the custodian and Secretary of State to ensure the retirement account and LLC, which are both critical to the LLC IRA structure, remain in place. Throughout the set-up process, the Client is responsible for timely completing and returning account paperwork. Failure to do so within 10 business days may prevent Perpetual Assets LLC from completing the account set-up process and would be deemed a material breach of this Agreement. Client verifies receipt of this Engagement Agreement via their completion of application & payment of fees.