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.
Depending on the context, signing a contract may seem like a huge milestone or a simple formality. Yet, every contract represents your agreement to do or not do something, a promise binding yourself to when you sign. It pays to ensure you understand the entire contract, what the contract says, and what you want it to say. Completing a...
Continue ReadingBeing sued is a confusing, stressful, and overwhelming experience. The legal complexities and unfamiliar terminology can leave you feeling dazed. You likely have many questions, like how to respond to a lawsuit, what happens if you ignore a lawsuit, what will happen next, and how a lawsuit will affect your life. But don’t panic. You can take some steps...
Continue ReadingBuilding your dream pool should be an exciting experience, not a recipe for frustration. Unfortunately, pool construction defects can leave you with a leaky, cracked, or even structurally unsound pool, turning your investment into a source of frustration and financial strain. Below, we look at some common pool defects and discuss how to resolve swimming pool construction defects with...
Continue ReadingTexas’s real estate landscape is undergoing a dynamic shift, offering exciting possibilities for a Texas real estate broker seeking innovative ways to structure their compensation. As of January 2024, the Texas Real Estate Commission (TREC) introduced the option for business entity registration, allowing licensed brokers to receive compensation through registered entities like LLCs and S Corporations. Below, we explore the key...
Continue ReadingThe definition of a business contract is a legally binding agreement between two or more parties that governs transactions made in a commercial environment. While there isn’t a strict differentiation between “business contracts” and “regular contracts,” the distinction often lies in the purpose, parties involved, and the agreement’s specific terms or considerations. Because business contracts are often subject to...
Continue ReadingIt is natural to want to protect your hard-earned assets to ensure you and your loved ones can benefit from them for years to come. One way married couples can protect assets is by creating a spousal lifetime access trust (SLAT). These trusts allow one spouse to set aside assets for the benefit of the other spouse. In this...
Continue ReadingWhen you start a new job or leave an old one, you may be presented with a non-compete agreement. What are non-compete agreements? Non-compete agreements are contracts between employers and employees that restrict an employee’s ability to work for a competitor or start a competing business for a certain period of time after leaving their current job. In Texas,...
Continue ReadingThe Corporate Transparency Act (CTA) takes effect on January 1, 2024. Within a year from that date, existing businesses will have to file either That’s a lot of acronyms. More simply, the CTA aims to combat illegal activities like money laundering by augmenting business transparency. Specifically, the CTA requires businesses to identify their true owners. The attorneys at Massingill know how...
Continue ReadingFew people imagine they’ll ever need a probate attorney. However, the need for adequate representation throughout the probate process becomes obvious right after a loved one passes on. There are many reasons for this. First, probate is a long and complicated process. This fact is especially true now as probate cases have surged since 2020. Second, probate proceedings tend to...
Continue ReadingIn 2021, the federal government passed the Corporate Transparency Act (CTA), scheduled to take effect on January 1, 2024. The CTA requires many small businesses to file Beneficial Ownership Information (BOI). Although filing BOI does not involve extensive information, determining who and what to file is complicated. If you are a small business owner in Texas, contact Massingill to learn more about the...
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