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Spiegel & Utrera, P.A. is a fully licensed law firm that delivers professional legal services at extremely affordable prices.

Why limit your 401(k) investments when you can have self-direction? A strategy involves forming a single-owner limited liability company ("LLC") with a 401(k) Plan. Plan funds would be used either to purchase real estate or other assets directly or to create a holding company which in turn would purchase such assets. When you are the administrator of the LLC's 401(k) Plan, you have "checkbook control". That means that every time you are going to invest in a new property you don't have to have the plan custodian approve the transaction. You will want to contact a financial advisor to help you select and set up the right 401(k) Plan for you.

We will form your Special Purpose LLC for Self-Directed 401(k) Account under the personal direction of a qualified attorney who makes certain that all requirements are met.

Let us explain:

The operating agreement for your LLC would allow your self-directed 401(k) Plan to choose what you would like to invest your money in. The operating agreement for the Special Purpose Limited Liability Company for Self-Directed 401(k) Account has to comply with the Internal Revenue Code, Employee Retirement Security Act of 1974 (ERISA) and corresponding regulations.

As a result of such laws, the 401(k) Plan cannot invest in foreign-owned assets or transactions involving a "disqualified person". Disqualified persons include the 401(k) account owner, the spouse of the 401(k) account owner, the 401(k) account owner's descendants, ascendants and spouses of descendants. That means a father, mother, grandfather, grandmother, son, daughter, grandson, and granddaughter of the 401(k) owner are disqualified. However, a brother, sister, uncle, aunt or cousin are not disqualified. Also the court in Rollins V. Comm'r, T.C. Memo 2004-260, ruled that a prohibited transaction was created when an entity that was owned partially by an IRA made a loan to another entity that was owned (33%) by the IRA owner! Of course, you should seek the counsel of licensed attorneys and accounting professionals before proceeding.

For one low fee, your Special Purpose LLC for Self-Directed 401(k) is COMPLETE and  INCLUDES FREE State Filing Fees. INCLUDES FREE Special Purpose LLC Seal and Book. INCLUDES FREE Articles of Organization. INCLUDES FREE Special Purpose Minutes. INCLUDES FREE Special Purpose Regulations. INCLUDES FREE Membership Certificate. INCLUDES FREE Preliminary Name Search. INCLUDES FREE Special Purpose LLC Operating Agreement. Yes, even INCLUDES Attorney's Fee (No Hidden Attorney Fees). What's the secret to such great prices? Flexible payment options available for placing your order.