Wealth Creation Platinum Terms and Conditions
Wealth Creation
VIP Platinum Program Terms
WEALTH CREATION PLATINUM FULL TERM & CONDITIONS
As of August 20, 2023
This Agreement applies to clients of King of Kings Firm (“Company”), King of Kings LLC, for services purchased and the subscription website (“King of Kings LLC subscription site”) and WEALTH CREATION, /
The Terms and Conditions are part of the Agreement between Client and King of Kings Firm (“Company”) as though set forth fully herein.
DISCLOSURE & ACKNOWLEDGEMENT – The Client understands that Company will commence work immediately on Client’s behalf once payment is received in part or full.
1.0 ACCEPTANCE
By using the King of Kings LLC Subscription Website, King of Kings LLC, and King of Kings offices, you hereby acknowledge that you have read and understand the Service Terms/Subscription Agreement and agree to be bound by its terms and conditions.
2.0 CALL RECORDING
2.1 All prospects and clients who phone into the King of Kings offices agree and understand that the conversation is being recorded for training and quality assurance purposes only.
3.0 SERVICE TERMS
3.1 Client may cancel this Agreement at any time prior to midnight of the third (3) day after the date of this Agreement, after which time any right to refund shall cease.
3.2 For Entity formation services – if Client desires to choose the name for any entity(ies) to be filed with any state included in this Agreement, Client agrees to provide the desired name(s) within 21 days of this Agreement. Client acknowledges that the names requested cannot be guaranteed as such names are maintained by the various states. Company agrees to use its best efforts to obtain the name(s) requested by Client unless Client chooses not to provide the name(s) within 21 days, in which case Company will select the name of the filed entity(ies), and Client agrees to accept. In the event Client does not like the name(s) chosen, Client, at Client’s sole expense, may cause a change of name to be filed in the jurisdiction (s) where the entity(ies) was filed, and Company will complete any amend bylaws, operating agreement(s) or partnership agreement(s) for Client at Client’s expense.
3.3 Client Duties – Client agrees to be truthful with Company, to cooperate with Company, and to keep Company informed of any information or developments that would affect its Agreement. Client agrees to abide by this Agreement and notify Company if Client’s contact information in this Agreement changes.
3.4 Company Duties – Company agrees to provide the products listed in the Agreement to facilitate and/or coordinate fulfillment of the Agreement. Said facilitation and/or coordination may involve using third parties to accomplish the Agreement’s objectives. Such third parties may include, but are not limited to, office suite providers, resident agent providers, and working with banking and financial institutions to open accounts. Specially excluded from this Agreement are any litigation services, arbitrations, mediations, or hearings. Products and/or services in any matter or form other than those specially outlined in this Agreement will required a separate agreement.
3.5 By disclosing relationship and potential conflicts, Company does hereby advise Clients that Company maintains several professional alliances with separate and related entities. Company believes that such professional alliances are in the best interest of its Clients and that no impermissible conflict exist. In no event is Client required to use any of the Company’s alliances partners.
3.6 Legal Services – Company is not in the business of providing legal services. All members of King of Kings Firm are Accountants. In the event any portion of the products contained in this Agreement are interpreted as or considered to bel legal services. Company retains the right to hire a third-party attorney to completed said work and Client agrees to work with the said attorney. Any attorney utilized will be required to exercise their own judgment and will be required to work directly with Client. Company will facilitate this relationship and work directly with the attorney to carry out the purpose of this Agreement.
3.7 Disclaimer – Nothing in this Agreement and nothing in the Company’s or its Representatives statement should be construed as a promise or guarantee about the outcome of any matter. Company and its representatives can make no such promises or guarantees.
4.0 RECURRING MONTHLY EDUCATIONAL SUPPORT SERVICES TERMS AND CONDITIONS
4.1 in addition to the Terms & Conditions set forth above, the following educational support service Terms and Conditions will be made part of this Agreement if the Client purchases Company’s Reoccurring Educational support services as part of this Agreement.
4.2 SERVICES THE COMPANY WILL PROVIDE
It is understood that Educational Support Services contemplated under this Agreement are educational in nature and limited to education on asset protection and general business planning. The Educational Support Service is offered with the understanding that neither the Company nor its representatives are engaged in rendering legal, accounting, or other professional advice as part of the Educational Support service.
4.3 ENTIRE AGREEMENT
This Agreement contains the entire Agreement between Client and the Company. There is no other Agreement, expressed or implied, between Client and the Company. If any portion of this Agreement is declared invalid by the court of law, the remaining sections shall remain in effect. Amendments to this Agreement must be in writing.
4.4 MEDIATION
If a dispute arises under this Agreement, Client and Company agree to confer in good faith to resolve the dispute and to engage the services of mediation services before resorting to arbitration, litigation, or any other dispute process. Such mediation shall occur within 90 days of either Client or Company asserting this provision.
4.5 DURATION
The Reoccurring Educational Support Service Terms & Conditions are effective immediately. They shall be automatically renewed in one-month increments unless Client provides written notice to Company of Client’s desire to terminate this Agreement at least 60 days before the end of the current monthly term. Said Cancellation shall be effective on the first day of the following second month.
4.6 ASSIGNMENT
The Educational Support Services contemplated under this Agreement are not assignable by Client.
5.0 SERVICE TERMS
5.1 DEED PREPARATION FEES BY STATE
Deed preparation for all states is $475 per property, except in HI, MA, and OH, where deed preparation is $750 per property. We do not prepare or file deeds in NY, NJ, MD, or IL. We only file deeds in the state of Georgia. Deeds filing fees are not included. Such filing fees vary by county or municipality, and the Client will be responsible for such filing and filing fees.
5.2 CUSTOM DRAFTED ENTITY SERVICES
As Client of the Custom Drafted entity VIP services, you are entitled to the following services as long as you remain a PLATINUM VIP member in good standing. Company agrees to draft, organize, and file a Limited Liability Company (LLC) formation document
obtaining an EIN number for each LLC,
drafting of an LLC operating agreement for each LLC,
providing general preparation to complete each LLC.
Costs to pay at the time of filing LLC will include the state filing fees and registered agent fees. The Client or their spouse must have 50% or greater ownership in the LLC to be included in this service. If the Client has a child who would like to utilize the Client’s Custom Drafted entity service, they may do so at a $1,500 fee for each LLC.
Additionally, PLATINUM VIP membership must be in good standing on the Client’s account. Client understands and agrees that Client will be the responsible party as defined by the Internal Revenue Service for all employer identification numbers obtained for any entity created according to the Platinum services. All LLCs created as part of the Platinum program service must maintain “Company” as Registered agent for the life of the Client’s entity. When requesting IRA -owned LLC as part of the wealth creation package, an additional $1,500 fee is required. The Fee must be paid directly from your retirement account.
5.3 WEALTH CREATION MEMBERSHIP
To remain in good standing as a platinum member you monthly fee must be paid on time. Monthly fees may be modified with 30-day notice. Customer may cancel platinum service at any time without penalty. Platinum clients will automatically be billed at $75 per month.
5.4 ENTITY FORMATION
Unless otherwise indicated, all State entity filing fees and Deed recording fees will be charged to the credit card on file at the time of filing.
5.5 HOURLY RATE
Non-Platinum Member’s professional hourly rate is billed $250/hour.
6.0 TAX PACKAGES TERM OF SERVICE
6.1 The terms of King of Kings Firm packages are listed below and effective on the date of the Agreement.
King of Kings provides tax service for customers whereby the Client pays an up-front fee that can be used for tax prep, tax consulting, tax planning, and tax advisory services.
Upon selecting a tax package, the Client receives, amongst other things, a credit that may be used for King of Kings various tax services, such as tax preparation, tax consulting, and quarterly or annual tax planning. King of Kings standard Platinum Member rates will be charged for the services, and the credit will be deducted as used by the Client. The credit must be used within one year of the Agreement.
