225 W 520 N Orem, UT 84057
Mon - Fri 8:00-5:00 Sat-Sun CLOSED

Category: Family Limited Partnership

The latest updates from Legally Mine

We are living in the Future, are you ready? – Legally Mine

February 5, 2015 · by venture: A Legally Mine Blog

In case you missed it, we are now living in the Future.  This is a time to be amazed!  Think about the cartoons you used to watch as a kid and look at what we have now: Warfare involving Robots – http://www.newyorker.com/magazine/2014/11/24/unblinking-stare and Lasers – http://gizmodo.com/the-us-navys-first-laser-cannon-is-now-deployed-in-the-1659644456 Food Replicators  – http://www.washingtonpost.com/blogs/innovations/wp/2015/01/28/5-amazing-ways-3d-printed-food-will-change-the-way-we-eat/ Hoverboards – http://www.usnews.com/news/articles/2015/01/23/how-marty-mcflys-hoverboard-influenced-the-future Flying Cars – http://www.nytimes.com/2014/08/24/automobiles/terrafugia-transition.html?_r=0 Clothes with Cool Gadgets – http://www.usforacle.com/news/view.php/859412/Lets-get-digital-wearable-technology […]

Read More

Legally Mine Interview on Bloomberg

September 19, 2014 · by venture: A Legally Mine Blog

FOR IMMEDIATE RELEASE Legally Mine Discusses Legal Protection for Companies on 21st Century Television 21st Century Television sat down with guest Legally Mine to discuss how companies can better protect their assets from litigation. October 15, 2014 Boca Raton, Florida — In today’s society, many consumers and citizens are eager to sue companies with the […]

Read More

Your House was Lovely, but… – Legally Mine

August 5, 2014 · by venture: A Legally Mine Blog

Many people spend years working towards the home of their dreams. Don’t let your dreams slip away because you didn’t take the time to truly protect them.  But your business is incorporated, so your house should be protected right?  WRONG!  For more information on why simply incorporating does very little to protect your personal assets, […]

Read More

Business Legal Entities – Legally Mine

June 12, 2014 · by venture: A Legally Mine Blog

  Have you ever wondered what the difference was between an “S-Corp”, “C-Corp”, “Sole Proprietorship” and  “Partnership”?  Why do we have so many business structures and what are the differences?  How will the way your business/practice is structured affect you in a lawsuit?  Are the taxes all the same for each? Well today is your […]

Read More

The Charging Order – Legally Mine

May 27, 2014 · by venture: A Legally Mine Blog

(This is part of an article that we wrote for the magazine Audiology Today, briefly covering some key topics of sound business structuring – with a few inserts for clarification) The Charging Order In an attempt to capture some sort of compensation from the FLPs (Family Limited Partnerships – see the home page of this […]

Read More

Family Limited Partnerships Part 4 – Legally Mine

April 29, 2014 · by venture: A Legally Mine Blog

  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 […]

Read More

Income Shifting Information – Legally Mine

January 31, 2014 · by venture: A Legally Mine Blog

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 […]

Read More

Entity Cash Flow – Legally Mine

January 29, 2014 · by venture: A Legally Mine Blog

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 […]

Read More

The Broad Overview – Legally Mine

January 20, 2014 · by venture: A Legally Mine Blog

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 […]

Read More

The most recent statistics cite that nearly $4 billion ($168 million more than the previous year) was spent in medical malpractice payouts, nearly a 5% increase from the year previous.