Here is an example of how a Family Limited Partnership could work. Wyoming Oil : Oil was discovered in a little community in Wyoming. The Cook Family Limited Partnership owns 160 acres of land, including all the mineral rights. The parents own 20 percent of the partnership interests and their children own the other …
Family Limited Partnerships Part 4 – Legally Mine Read More »
I saw this article on the local news website, Woman jailed, accused of failing to return video, and I couldn’t help but compare it to the situations of so many people we meet everyday. I can’t help but wonder how many times this woman probably saw the movie sitting on her shelf and thought, “oh …
Don’t Forget to Return That Video!!- Legally Mine Read More »
Legally Mine strives for excellence in helping our clients and the general public understand the current tax situation in the United States. The following is one of the many strategies and tax concepts that we teach. Please feel free to contact us at 800-375-2453 or info@legallymineusa.com for more information. Income Shifting Income shifting is moving …
Legally Mine is dedicated to ensuring you get the maximum benefits from your legal structuring possible. For someone who is properly set up the following is an explanation about how the cash flow would work from entity to entity. Any entity with more than one owner will need at least one bank account and will …
Did you know that Legally Mine can help you save money on your state filing fees? Sometimes what you don’t know is hurting you now! Check out the list below to find your state and what the current filing fees are. Then give Legally Mine a call to see how we can help you …
What Legal Structures Work Best for My Medical Business? Daniel McNeff, Business Owner and CEO at Legally Mine, Les Sliger, Senior Advisor J.L. Hillery, J.D. When looking at legal structures for any business, the first question asked by most people is, “how will it make a difference for me?” The right legal entities can accomplish …
The following are some general questions that often get asked to various Legally Mine representatives. Many of these questions and answers both are found in the book the Asset Protection Bible. I will continue with this for a couple of posts, but please let me know if you have any questions that are not listed …
This is a quick snippet from Dan McNeff, CEO of Legally Mine, discussing various business entities and their tax liability. Please feel free to comment below. Thanks Matt – Legally Mine
Legally Mine: Whether you are the executive director of a national association of a volunteer officer of a local organization, the task of choosing speakers and topics for your meeting is a big responsibility. The topic must be appropriate, timely, relevant, and professional. Often this is not an easy decision to make. Regardless of the …
It is always nice to get a pat on the back from clients for all your hard work. This was letter we got a few months ago from one of our clients that we initially met at a funeral directors meeting in New York last year. “… I have had an exceptionally positive experience with …