EXHIBIT 21



                                            Subsidiaries of the Company




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Name                                          Percent Ownership                 State of Incorporation
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Regan Holding Corp.                                 (parent)                          California
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Legacy Marketing Group                              (100%)                            California
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Legacy Financial Services, Inc.                     (100%)                            California
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Legacy Advisory Services, Inc.                      (100%)                            California
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Legacy Reinsurance Company                          (100%)                            Arizona
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Imagent Online, LLC                                 (100%)                            Delaware
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Concept Strategies, Inc.                            (100%)                            Iowa
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Values Financial Network, Inc.                      (100%)                            Delaware
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Prospectdigital, LLC                                (100%)                            Arizona
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