Fees

Westward Advisors has developed an innovative process to your insurance-based tax and estate planning needs. The LifeStep Process^TM is designed to provide you with the best and most sustainable tax and estate plan so that you and your family can achieve your lifetime goals.  

Our fee options are designed to help you based on your individual current financial situation. We have three Fee Engagement Options, and should you decide to proceed it is necessary that you select one of the following options:  

Option 1 - Protection requires no upfront fees. Westward contribution will be to obtain the best insurance offer in the market, implement and maintain policy, and provide an annual review. The client is responsible for all related accounting and legal fees, which are approximated between $30,000 and $50,000.  

Option 2 - Strategy carries a fee of $4,400. Westward will obtain the best insurance offer in the market, implement and maintain policy, provide a detailed analysis of the strategy, a tax memo to your advisor(s) and an annual review. Westward covers all related accounting and legal fees.  

Option 3 - Navigator carries a fee of $12,000. Westward will obtain the best insurance offer in the market, implement and maintain policy, provide a detailed analysis of the strategy, a tax memo to your advisor(s) and an annual review. In addition, Westward will obtain an independent tax opinion from nationally recognized law firm. Westward covers all related accounting and legal fees.  

If you need further clarification on any of our fee Engagement Options, or have any other questions, please to not hesitate to contact us- we are here to help you.
 

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