Welcome to the Massingill blog. Here’ll you’ll find frequently published articles on important topics relating to business law, healthcare business law, and family estate planning. Not finding the information you need? Book a consultation. Our friendly and helpful legal staff will answers your questions and get you on the path to solutions.
People usually prefer to avoid legal disputes. But sometimes you just can’t. You know you should hire a lawyer, but you might not know where to find one or even how to begin. Whether you need to sue someone or someone is suing you, finding a lawyer with the right experience and approach for your unique situation is essential....
Continue ReadingA crucial step in the administration of someone’s estate after the individual passes away is determining the value of the estate by doing an estate valuation. After all, you cannot fairly divide and distribute the estate’s assets to your descendants if you do not know what the estate is worth. Navigating the complexities of estate distribution and calculating the...
Continue ReadingNegotiating, drafting, and enforcing contracts is an important part of any business’s life cycle. Contracts form the backbone of successful business relationships, but having the proper contract is critical. A properly executed business contract should clearly outline the terms and conditions of the agreement, including the rights and obligations of each party, and provide mechanisms for resolving disputes, all...
Continue ReadingPeople form businesses together with the best of intentions. Entrepreneurs share a vision and work together to realize it. In many cases, they create a limited liability company (LLC) to maximize tax benefits and minimize business formalities. Unfortunately, the business world is not all sunshine and harmony. When conflict arises, many companies find themselves asking how to remove a...
Continue ReadingDisputes are a part of life. Although many people can, and do, resolve their disputes by talking through the problem, sometimes the only solution is a lawsuit. There are many types of civil litigation. Understanding where to start and how to proceed can be overwhelming and complex. The best discussion an individual can have about the kinds of litigation...
Continue Reading“Lawsuit” can be an intimidating word for anyone involved in a dispute. A defendant needs to answer for their wrongdoing, and a plaintiff has many steps to follow to recover damages. But what is the process of civil litigation? This article will outline the basic steps in the litigation process. If you’re facing a potential lawsuit, Massingill can simplify...
Continue ReadingOne of the best parts of living in the Lone Star State is its low tax burden. In fact, Texas had the 4th lowest state-local tax burden in the country as of 2022. A major reason for this is that Texas has no state-wide tax on personal income, and it also doesn’t have a state-wide estate tax—something that makes...
Continue ReadingA good entrepreneur knows not only when to jump into a new business venture, but when to shut one down. A business owner might want to end things to pursue new opportunities or avoid legal and financial woes. Whatever the reason, owners of limited liability companies (LLCs) need to follow certain protocols before they can officially and properly dissolve...
Continue ReadingLife can change in an instant. When it does, it is time to update your estate plan. You should update an estate plan after any major life event and, ideally, at least once every few years. Failing to update documents can result in confusion, disputes, and unintended outcomes—such as an estranged relative inheriting your assets or the wrong person...
Continue ReadingIn today’s digital world, people often leave behind more than just physical possessions when they die. From email inboxes to social media accounts, cryptocurrency wallets, and online business tools, digital assets frequently hold emotional and, at times, financial value. In Texas, digital assets do not automatically transfer upon death. Without a clear plan, your loved ones may struggle to...
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