In this episode of Legal Late Night, we’re trading the neon lights of Memphis for the high-stakes world of tax strategy with Megan Robin of Megan Robin Law. Whether you’re trying to navigate the “mind-fuck” of a celebrity compound or simply trying to stop the IRS from siphoning off your hard-earned wealth, we’ve got the playbook you need to take care of business.
Before we get into the “abacus and spreadsheets” portion of the evening, Jared tells you about his recent trip to Memphis. when he rolled up to Graceland, expecting a house. What he found was a 14-acre compound built to the god of capitalism for the King of Rock and Roll. It’s exactly like walking into Disney World, but with more jumpsuits and a touch of mid-70s existential dread.
The house itself is a trip—a frozen time capsule where rooms have one-off themes. The living room looks like a church with stained glass peacocks, and the television room looks like two bees trying to populate in front of you. But the real mind-fuck? The Jungle Room. It has a waterfall, green shag carpet on the ceiling, and porcelain monkeys everywhere. I can confirm Elvis was a TCB—Taking Care of Business—kind of guy, even if that business involved collecting kitschy primates and drinking an alarming amount of Gatorade on his private jet, the Lisa Marie.
After emerging from the rectum of a rhinoceros robot—wait, wrong 90s reference—Jared sat down with Megan Robin, owner of Megan Robin Law. Megan isn’t your typical “it depends” attorney. Inspired by her grandmother’s push for education and mentored by the former head of tax at Chevron, Megan realized early on that she hated “squishy” law. She wanted the stuff that mattered: real money, real businesses, and real consequences.
Megan’s firm, Megan Robin Law, fills a massive gap in the market. Most lawyers have an accountant, a financial advisor, and an estate attorney, but no one is looking at how those pieces fit together from a tax optimization perspective. Megan acts as the architect, fusing personal finance, business health, and benefit plan design into one optimized tax container.
Megan specifically niches down to work with business owners, particularly fellow attorneys. Why? Because attorneys in the “knowledge worker” phase of their careers often see their income rise later in life, which flies in the face of conventional “save now, withdraw later” retirement advice.
In a segment called “Taxing Myths and Legends,” Megan and Jared run through some of history’s weirdest levies. It turns out, governments have always been creative about taking your money. We’re talking about the Roman “Urine Tax” (ammonia is valuable, folks), the Russian “Beard Tax” (Peter the Great wanted a clean-shaven nobility), and the Medieval English “Window Tax” (which led to people bricking up their windows to save a buck). If you think current tax laws are weird, at least you don’t have to hand over squirrel scalps with your Form 1040 like they did in 1800s Ohio.
Megan is a “sleep well at night” strategist. She doesn’t do the weird “move to Puerto Rico to hide money” stuff. She focuses on conservative, tried-and-true methods that build long-term wealth. For firms hitting that million-dollar revenue mark, Megan helps bridge the gap where old systems start to break and extra cash needs a smart home.
Ready to optimize your tax liability? Reach out to Megan Robin Law today. Be sure to visit Legal Broadcasting Company often for our latest podcasts. If your law firm needs a “perfect reset,” contact Red Cave Law Firm Consulting.
Now. Proactive planning is the only way to ensure your entity type, benefit plans, and retirement contributions are actually working in your favor.
An Assets Under Management fee is usually about 1% to 1.5% of your portfolio. It’s invisible because it’s siphoned out without a bill, but it can create a conflict of interest for advisors who want you to avoid investments they can’t charge for—like real estate.
Not at all. Megan works alongside your existing advisors. Think of her as the specialist who gives the “marching orders” to the accountant to ensure the high-level strategy is actually executed on the return.
