McCullough Law

What McCullough Law does

McCullough Law is a private wealth and estate planning law firm headquartered in Provo, Utah, serving high-net-worth individuals, business owners, and entertainment and sports clients nationwide. Founded more than 30 years ago and now operating under the shortened brand 'McCullough,' the firm is led by fourth-generation attorney Lee S. McCullough III and CEO Liz Hokanson, with a staff of roughly 15-20. The practice is anchored by the proprietary 541 Trust®, a trademarked irrevocable asset-protection structure grounded in Section 541(b)(1) of the U.S. Bankruptcy Code and refined over 27+ years without a failed court challenge.

The firm's service offering spans estate planning, asset protection, tax planning, business planning, trust administration, and probate. Beyond the 541 Trust core, McCullough has expanded into adjacent strategies including NING/ING trusts, Donor Advised Funds, Escrow Strategy, and Corporate Transparency Act compliance advisory. Clients engage on a quote-based, multi-year basis typical of bespoke estate and trust engagements, with lead generation driven by a referral network of CPAs and financial advisors, supplemented by an inbound content marketing engine (blog, SEO, email newsletter) launched on a redesigned website.

The business model is professional-services fee-for-service with multi-year trust administration retainers generating recurring revenue. McCullough serves clients in all 50 states from its single Provo office, with explicit emphasis on Utah, California, Nevada, and Alaska markets. The firm has no external funding, no M&A history, and no disclosed AI or technology capabilities, positioning it as a traditional legal boutique differentiated primarily by its proprietary trust product, court-tested track record, and specialized HNW expertise.

Name

McCullough Law

Legal name

McCullough

Website

https://mlutah.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

McCullough Law is a Provo, Utah-based private wealth and estate planning firm serving high-net-worth individuals, business owners, and entertainment and sports clients nationwide, anchored by its proprietary 541 Trust® asset-protection structure.

Ownership category

akta.pro rank

Product category

Estate Planning Legal Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920)

SIC

Investment Advice (6282)

akta.pro primary industry

Family & Private Client (Trusts & Estates) Law (BPAHAAAK)

akta.pro secondary industry

Estate Planning & Trust Structuring Advisory (FSAEAKAC)

Keywords

• Estate planning
• Asset protection
• Tax planning
• Trust administration
• Probate services

Headquarters

HQ city

Provo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Legal Services - Estate Planning: Professional legal services for estate planning including wills, trusts, healthcare directives, and powers of attorney. Services provided through direct attorney-client engagements.
2. Asset Protection Services: Legal services focused on protecting assets through irrevocable trusts, including the proprietary 541 Trust® and other asset protection strategies.
3. Tax Planning Services: Advanced tax planning services including income tax planning, estate tax planning, and business sale tax planning strategies.
4. Trust Administration: Ongoing trust administration services including review of estate plans, family meeting mediation, transfer document preparation, and estate administration assistance.
5. Probate Services: Court-supervised probate process management for estates exceeding $100,000 without proper beneficiary designations or trusts.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

McCullough Law is a private wealth and estate planning law firm that drafts and administers estate planning documents, irrevocable asset protection trusts (including the proprietary 541 Trust®), tax planning strategies, business entity formations, and probate/trust administration services for individuals, families, and business owners. Engagements are delivered through personalized attorney-client relationships, with initial consultations provided at no charge and engagement scope and pricing determined per client.

Product overview

McCullough Law is a private wealth and estate planning law firm offering a comprehensive suite of legal services centered around the proprietary 541 Trust® asset protection product. The firm's core offerings include Essential Estate Planning (Wills, Healthcare Directives, Powers of Attorney, and Revocable Trusts), Asset Protection (including Irrevocable Trusts, Domestic Asset Protection Trusts, IDGT, ILIT, and NING Trusts), Business Planning, Tax Planning, Trust Administration, and Probate Services. These services work together as an integrated estate planning solution where trusts serve as the central mechanism for asset protection and wealth transfer, supplemented by wills, business entity formation, and tax planning strategies to minimize estate and income taxes.

Differentiator

Problem solved

Functional benefit

Products and services

• 541 Trust®

Quantifiable outcome

• Has never failed in court challenges over 27+ years of use
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Foster Garvey PC: Regional law firm with a strong private client and estate planning practice serving HNW individuals and business owners. Directly comparable in service focus and client profile, though broader in geographic reach across the Pacific Northwest.
• Day Pitney LLP: Established East Coast law firm with a prominent private client and estate planning practice serving HNW individuals and families. Directly comparable as a traditional trust and estate planning firm serving similar client profiles, though larger and geographically broader.

Broad incumbents

• Holland & Knight: Major national law firm with a significant private wealth services group covering estate planning, trusts, and tax. Comparable in service scope (estate, tax, business planning for HNW) but operates at a much larger scale and broader geographic footprint.
• Polsinelli PC: National law firm with a recognized private wealth and estate planning practice. Comparable in client segment (HNW individuals, business owners) and service mix, though with broader corporate and transactional offerings.
• LegalZoom: Large online legal services platform offering wills, trusts, business formation, and related documents. Comparable in estate planning product category but serves a fundamentally different (mass-market, lower-complexity) segment than McCullough's HNW specialization.
• Bessemer Trust: Private wealth management and trust company serving ultra-HNW families with integrated investment, trust, and estate services. Comparable in serving HNW clients on trust structuring and estate planning, though much larger and primarily an investment/trust administrator rather than outside legal counsel.

Emerging players

• Trust & Will: Online estate planning platform offering wills, trusts, and related documents via digital self-serve flows. Comparable in core estate planning service category but addresses the mass-market and emerging-mass-affluent segment rather than complex HNW engagements.
• Wealth.com: Estate planning platform built for financial advisors to deliver wills, trusts, and asset protection strategies to clients. Comparable in delivering trust-based estate planning but distributed through B2B advisor channels rather than direct-to-consumer legal services.
• Andersen (Andersen Tax LLC): Tax and advisory firm serving HNW individuals, families, and business owners with estate, gift, and income tax planning services. Comparable in tax and wealth planning focus for HNW clients, though structured as an advisory rather than law firm.
• Withum Smith+Brown: National accounting and advisory firm with a personal financial services practice that includes estate, gift, and trust tax planning. Comparable in serving HNW individuals and business owners on integrated tax/estate matters, though as a CPA firm rather than a law practice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/mlutah

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about McCullough Law