Key Benefits for Written Financial Plans
KJH Financial Services' Written Financial Plan services involve consultation, analysis, and recommendations in the six areas of financial planning:
(1) Financial Situation
(2) Income Taxes
(3) Insurance
(4) Investments
(5) Retirement Planning
(6) Estate Planning
We will review the client's present financial situation and issue a written analysis and report of recommendations in accordance with the client's goals and objectives. This service may include an initial consultation and two follow-up visits. The services provided in this regard may include but would not be limited to the following:
• Preparation of an annual net worth statement;
• Create a cash flow statement;
• Review current investment and make recommendations thereon;
• Review client's most recent tax returns and provide tax planning advice;
• Review client's life insurance and disability insurance and make recommendations thereto;
• Review client's estate plan and make recommendations thereto;
• Complete a retirement analysis; and
• Provide education planning advice.
KJH Financial Services' Written Financial Plan services provided by KJH Financial Services shall be provided under the terms of KJH Financial Services' "Financial Plan Agreement." KJH Financial Services' Written Financial Plan fees shall be based upon several factors such as the complexity of pertinent circumstances, the responsibility assumed by KJH, the benefit resulting to the client and the perceived probability of certain anticipated complications that may arise. KJH Financial Services will create a written financial plan for delivery to the Client. KJH Financial Services, unless engaged separately to do so, will not be responsible for the implementation of the plan. Client assumes full responsibility for the implementation of the plan.
Generally, KJH Financial Services shall bill an hourly rate of $150, in twelve-minute increments for its Written Financial Plan. KJH Financial Services' hourly rate is negotiable at the sole discretion of KJH Financial Services. The number of hours for a particular Written Financial Plan engagement will be capped at a particular number and a maximum fee for the preparation of a written plan shall be determined at the time of KJH Financial Services' engagement. Both of these elements will be identified in KJH Financial Services' Financial Plan Agreement. KJH Financial Services shall bill clients directly for its Written Financial Plan services. One quarter of the estimated fee, but not to exceed $500, shall be due upon the full execution of KJH Financial Services' Financial Plan Agreement and acceptance of such by KJH Financial Services; a second payment representing 50% of the estimated remaining balance is invoiced when half of the plan is completed; the remaining balance is billed upon completion of the Plan. Payment is due upon receipt of invoice(s).
Please contact us.
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