Lawsuits are an inevitable risk for many professionals, but few feel this weight as heavily as those who practice in the medical field. With a career dedicated to helping other people, the last thing a doctor wants or expects is a legal battle that puts their financial standing and personal reputation on the line.
This is where Legally Mine, a premier asset protection firm, comes in. By offering personalized solutions to protect wealth, reduce tax burdens, and simplify estate planning, Legally Mine has become a vital ally to medical professionals and others who work in similarly risky fields across the country.
Origins and Evolution of Legally Mine
Legally Mine began with Jay Mitton, widely regarded as the “Father of Asset Protection.” Mitton created the nation’s first asset protection firm, ultimately establishing a blueprint for safeguarding wealth against legal risks.
In 2007, Dan McNeff purchased the company, transforming it into the industry leader it is today. Under McNeff’s leadership, Legally Mine shifted its focus to hands-on services. Rather than simply educating clients on complex legal concepts, the team does the heavy lifting, structuring business and personal assets in ways that remove the motivation for lawsuits.
This has enabled the company to scale its services effectively, offering affordable and efficient solutions to its members.
McNeff’s guidance has helped Legally Mine serve over 15,000 members since he took over. As the firm’s CEO, McNeff draws from more than 20 years of business experience and a history of leadership as Senior Vice President of one of the nation’s largest financial services companies.
In addition to overseeing the company, he has led hundreds of seminars, sharing strategies to protect assets and reduce tax burdens with thousands of professionals.
Why Doctors Need Asset Protection
According to the American Medical Association, medical professionals in the U.S. have a one-in-three chance of facing a lawsuit during their careers. For specialists, like general surgeons or gynecologists, the odds are even higher, standing at 63%.
Although many of these cases don’t end with a payout, defending such claims is costly. The average legal fees come out to around $30,000, which is a hefty price even for high earners.
Legally Mine goes at this challenge head-on by designing robust asset protection plans that discourage frivolous lawsuits. By creating legal entities across multiple states, they effectively move clients’ assets out of reach of court jurisdictions.
For one client, this preparation was life-changing: “In 2018 I was sued and had limited personal insurance for a claim. As soon as the plaintiff’s lawyer got wind that my personal and professional assets were protected by the Legally Mine Asset Protection Team, they quickly settled the claim. I am deeply grateful to the Legally Mine Asset Protection Team for all they have done for me,” said JC, a satisfied customer.
Turning Protection Into Tax Savings
What makes Legally Mine special is how their services extend beyond asset protection. By strategically structuring assets, the firm unlocks significant tax savings that many clients didn’t even know were possible.
Most CPAs focus on compliance rather than maximizing tax savings. Legally Mine bridges this gap, working closely with members and their accountants to implement strategies tailored to their specific situations. The firm’s tax strategists are experts in utilizing laws in states like Utah and Alaska, where unique regulations can lead to substantial financial benefits.
For professionals working in high-tax states, these savings can be monumental. Legally Mine helps them uncover deductions and create entity structures that significantly reduce their tax burdens. By collaborating with CPAs, the firm ensures these strategies are seamlessly integrated into clients’ overall financial plans.
In this way, the company stresses that they don’t only care about protecting their clients’ earnings, but helping them keep more of it.
Planning for the Future
Estate planning can feel like an overwhelming task, but Legally Mine simplifies it with Living Trusts—a tool designed to protect your legacy and avoid probate. Unlike a traditional will, a Living Trust goes into effect while the client is still alive, ensuring seamless management of their assets and a clear path for inheritance.
For many, this means avoiding the costly and public probate process altogether. As Legally Mine explains on their website: “The principal function of a Living Trust is to pass your property on to your heirs after you pass away…without having to put your estate through the time, expense and public record of probate court.”
Beyond avoiding probate, a Living Trust ensures the care of a spouse or minor children, eliminating the possibility of legal battles among heirs.
Maranda C., a Legally Mine client, shares her experience with this process: “I knew I wanted to get my assets and affairs in order, but honestly didn’t think I had the time or know how to do it. Worth the peace of mind [of] having all of our affairs in place.”
By creating Living Trusts and addressing every aspect of estate planning, Legally Mine ensures their clients’ families are protected long after they’re gone. The company’s commitment to comprehensive planning makes it a trusted partner for preserving legacies.
Inside Legally Mine: More Than Just a Service
Legally Mine is a company that prides itself on its culture. They employ about 50 team members, all working together under one roof in Orem, Utah, with a second location in Alaska to serve as Registered Agents for clients.
The Alaska location allows the company to provide additional support for entity creation and maintenance.
The staff includes client coordinators, entity specialists, legal experts, and a traveling educational team. The client coordination department serves as the face of the company, guiding members through the setup process, while the legal team specializes in asset protection, estate planning, and reviewing the structures created for each client.
Entity specialists work with state laws and the IRS to create and maintain legal entities, ensuring compliance and long-term protection. The team also handles ongoing updates to entity documents and assists members in adapting their structures as their financial needs evolve.
Another key department is the Speakers and Away Sales Team (AST), which travels across the country to conduct educational seminars and enroll new members. This team plays a vital role in raising awareness about asset protection and lawsuit prevention.
Testimonials from employees paint a picture of a company that values its staff just as much as its clients. One team member shares, “Management is excellent about making you feel valued. I would recommend employment at Legally Mine for anyone who is motivated and looking for a fun, caring atmosphere.”
Another notes the opportunities for growth, saying, “Being a smaller business means there’s room to grow with the company. Excellent coworkers and work atmosphere.”
Legally Mine Reviews Show The Company’s Positive Impact
The best way to understand Legally Mine’s impact is through the stories of its clients. Reviews highlight the company’s professionalism, expertise, and ability to simplify complex processes.
Take, for example, James L., who sought help with estate planning. He describes his decision to trust Legally Mine as a turning point: “Very kind, upbeat, always helpful and extremely knowledgeable,” he said of his team. “I am glad I took the plunge and decided to work on my Trust with this fine group of Asset Protection experts.”
For Mark D., the benefits extended beyond asset protection into unexpected territory—tax savings. Legally Mine’s strategic approach uncovered opportunities he hadn’t anticipated. “They have helped with the creation of multiple entities and assisting me with various aspects of asset management and tax breaks.” The financial relief wasn’t just a bonus; it meant everything.
Then there’s Jaime, whose story is a testament to Legally Mine’s straightforward, no-nonsense approach. What began as a seminar session turned into a partnership he values deeply. “Honest straight up real people. No gimmicks…So proud to have them on my team.”
Legally Mine reviews prove that the company isn’t just providing a service, but making a real difference in the lives of the people who place their trust in them.
Protecting What Matters
With its comprehensive approach to asset protection, tax savings, and estate planning, Legally Mine has earned its reputation as a leader in the industry. For medical professionals and others who face significant risks, the firm provides a reliable shield against the uncertainties of lawsuits and financial challenges.
As Patrick P., another happy client, puts it, “They have helped me to protect myself and my family…I can’t recommend them any higher. If you are looking for legal planning please give them a call.” For those who value their financial security and peace of mind, Legally Mine is more than a solution—it’s a necessity.
By Chris Bates
