What You Get If You Hire Us to Form an IRA LLC

Our Fee and What It Includes

The Firm will perform the following 17 legal services for a flat fee of $1,997:

1. Unlimited telephone calls with Arizona IRA LLC attorney Richard Keyt or his son IRA LLC attorney Richard C. Keyt about forming the Company.
2. Name selection advice.
3. Prepare the Articles of Organization.
4. Name the custodian or trustee of your account as the member of the LLC.
5. Discuss any formation issues with the custodian and make any changes to the Articles requested by the contact person or the custodian.
6. File the Articles of Organization with the Arizona Corporation Commission ("ACC") and pay the expedited filing fee of $85 the same day we receive the approved IRA LLC formation questionnaire and are paid.
7. On the day we file the Articles of Organization or the next business day, email to the contact person a copy of the Articles of Organization submitted to and approved by the ACC with the ACC's "filed" stamp. The manager needs this document to open the Company's bank account.
8. Obtain a federal employer ID number from the IRS for the IRA LLC and email it to the contact person. Before we can get the EIN, the IRA owner must authorize us to do so by completing, signing, and sending to us an IRS Form SS-4. For detailed help with the SS-4, see Richard Keyt's article How to Complete IRS Form SS-4.
9. Give each manager access to the ebook version of LLC attorney Richard Keyt's Arizona-specific 170+ page book called the "Arizona LLC Operations Manual." Chapter 3 of this book is a checklist of 30+ LLC operational tasks that should be done in the first 75 days.
10. Prepare Rick Keyt's Operating Agreement custom drafted for your IRA LLC with provisions applicable only to IRA LLCs and to members that are IRAs. DocuSign will send the member and manager an email asking them to digitally sign the Operating Agreement.
11. Act as the IRA LLC's statutory agent for its first year at no charge. If the LLC retains us as its statutory agent we charge $99 a year for that service beginning one year after the LLC was formed. The member and manager can replace the LLC's statutory agent at any time.
12. Prepare organizational resolutions of the members authorizing the issuance of membership interests and the appointment of the manager.
13. Prepare membership certificates for all members that are used to prove ownership of the IRA LLC.
14. Give the contact person a copy of the IRS statutes and regulations applicable to IRA LLCs.
15. Give the contact person a copy of Richard Keyt's article Self-Directed IRA LLC Prohibited Transactions, which explains common transactions the IRA LLC must avoid to stay in good standing with the IRS.
16. Give the contact person a high-quality Arizona LLC Portfolio with tabs in which to keep all important IRA LLC documents.
17. Send the manager 50+ emails over three months that remind the manager to do things and give more information about operating the newly formed Company.

The $1,997 includes all formation costs, which are the $85 ACC expedited filing fee and $75 for the LLC portfolio.

Company Name

The Firm will not advise you with respect to, and is not responsible for, selecting a name that does not infringe on a trademark or service mark. To learn if your desired LLC name is available go to our article called Arizona LLC Name Search: Check Availability Free in 15 Secs. Call Richard Keyt at 480-664-7478 for ACC name questions. The ACC will accept a proposed IRA LLC name unless the name is identical to the name of an existing Arizona entity or trade name.

Statutory Agent Service

After the first year, we charge $99 a year payable in advance to continue as the statutory agent for the IRA LLC, but the IRA LLC can avoid this fee by changing its statutory agent at any time as explained in the Quick Start Guide. Our statutory agent address is 24 W. Camelback Road, Suite 467, Phoenix, AZ 85013.

Known Place of Business Service

If you purchase our address service, the fee is $100 a year payable in advance. If you purchase our address service, members and managers may also use our address at no additional cost in the Articles of Organization so that their home addresses are not displayed on the Arizona Corporation Commission's website. The address of the LLC and its member or members will be c/o KEYTLaw, LLC, 24 W. Camelback Road, Suite 467, Phoenix, AZ 85013.

 

Do not tell the IRS, your customers, or others to send correspondence to our address. Tell them to send correspondence directly to the LLC. If we receive mail addressed to the Company or any of its members, we will charge the LLC a handling fee plus the cost of postage to forward the correspondence.

Summary of Optional Annual Fees

Service	Fee
Statutory agent	No charge the first year, then $99 a year payable in advance
Known place of business address	$100 a year payable in advance

Billing and Additional Costs

Unless there are unforeseen costs (for example, you want us to send documents to you via FedEx or outside the United States) or developments, or you hire us for additional services unrelated to forming your Company at our current hourly rates, the amount you agree to pay in this Agreement will be the only amount you pay us for forming your IRA LLC.

 

We will send itemized invoices. You agree to pay any unpaid amount within thirty days after we mail the invoice. If you do not pay an invoice within thirty days, we may terminate our services and withdraw from further representation of the Company. After three years, we may destroy all documents we collect during the time we provide services.

Who We Represent

We are not acting as your attorney in advising you with respect to this Agreement because we would have a conflict of interest in doing so. If you or any person or entity affiliated with the Company have questions about this Agreement, we recommend that each concerned person consult with other legal counsel.

 

If the IRA LLC has only one member, we represent the sole member. If the IRA LLC has more than one member, we will represent only the IRA LLC rather than the interests of any member or manager, even if we are paid by a party other than the IRA LLC.

Services We Do Not Provide

You are hiring the Firm only to form your Arizona IRA LLC, not to advise the IRA LLC or its members or managers with respect to federal or state income tax issues or securities law. The members and managers should consult with an experienced tax accountant as soon as possible for advice on federal and state income tax issues affecting the IRA LLC and its members. You must consult with other attorneys to advise you on federal and state tax and securities laws.

 

Because your IRA LLC will have at least one member that is an IRA/Plan, we will not advise any IRA/Plan or its beneficiaries, administrators, or custodians with respect to any issue related to compliance with federal tax law. Each IRA/Plan and its beneficiaries, administrators, or custodians should consult with their tax advisor, IRA/Plan advisor, IRA custodian, or qualified plan trustee or plan administrator for advice on complying with federal tax law and law applicable to the IRA/Plan and to the operation of the IRA LLC after it is formed.

How to Pay Our Fee

1. We require payment in advance before we will form the IRA LLC.
2. The IRA owner, his or her spouse, and any other disqualified person may not pay our fee because it would be a prohibited transaction. We must be paid with funds that come directly from the IRA or retirement account. See the warning below.
3. When you submit your IRA LLC Formation Questionnaire, it contains information at the end of the Questionnaire on how to pay our fee.

How to Hire Us

To hire us to form your Arizona IRA LLC, submit our online questionnaire at keytlaw.com/irallcq. If you have questions about these terms before you hire us, call or text Richard Keyt at 480-664-7478 or email rk@keytlaw.com or his son Richard C. Keyt at 480-664-7472 or email rck@keytlaw.com.

 

Richard Keyt, LL.M. (tax)
KEYTLaw, LLC
24 W. Camelback Road, Suite 467
Phoenix, AZ 85013
Phone: 480-664-7478
Email: rk@keytlaw.com

 

Copyright 2026 Richard Keyt, KEYTLaw, LLC. All rights reserved.