EXHIBIT 21 Subsidiaries of the Company - ------------------------------------- ----------------------------------- ----------------------------------- Name Percent Ownership State of Incorporation - ------------------------------------- ----------------------------------- ----------------------------------- - ------------------------------------- ----------------------------------- ----------------------------------- Regan Holding Corp. (parent) California - ------------------------------------- ----------------------------------- ----------------------------------- Legacy Marketing Group (100%) California - ------------------------------------- ----------------------------------- ----------------------------------- Legacy Financial Services, Inc. (100%) California - ------------------------------------- ----------------------------------- ----------------------------------- Legacy Advisory Services, Inc. (100%) California - ------------------------------------- ----------------------------------- ----------------------------------- Legacy Reinsurance Company (100%) Arizona - ------------------------------------- ----------------------------------- ----------------------------------- Imagent Online, LLC (100%) Delaware - ------------------------------------- ----------------------------------- ----------------------------------- Concept Strategies, Inc. (100%) Iowa - ------------------------------------- ----------------------------------- ----------------------------------- Values Financial Network, Inc. (100%) Delaware - ------------------------------------- ----------------------------------- ----------------------------------- Prospectdigital, LLC (100%) Arizona - ------------------------------------- ----------------------------------- -----------------------------------