| Read Time: 3 minutes | Business Law

Do You Need an EIN for Your Business in Texas?

The short answer as to whether you need an EIN number for a business in Texas is: Probably. Most businesses are required to acquire an employer identification number (EIN), and getting one is relatively simple. However, the benefits and requirements of an EIN depend on the type of business you own, which can be more complex.  In this article,...

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| Read Time: 3 minutes | Healthcare Business Law

Understanding the Texas Anti-Kickback Statute

In some industries, rewarding those who refer business to you is acceptable. However, paying for referrals for federal health care program business is a crime. If you’re a healthcare provider who owns a healthcare business, it is important to be aware of the federal anti-kickback statute and what it means for your business. In Texas, the anti-kickback statute applies...

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| Read Time: 3 minutes | Business Law

What to Expect When Your Business Dispute Goes To Court in Texas

When two parties cannot resolve a business dispute through negotiation or mediation, the case may end up in court. A business disputes lawyer can help you understand what to expect after a lawsuit is filed and evaluate whether it’s the best course of action for your particular case.  In this article, the Texas business lawyers at Massingill go over...

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| Read Time: 4 minutes | Business Law

Understanding Business Mergers and Acquisitions in Texas

Mergers and acquisitions can be excellent ways for businesses to expand their markets. They are also great options for business owners who wish to move on to reap the rewards of all their hard work. Mergers and acquisitions are for more than just mega-corporations. Small and medium-sized businesses can benefit from combining as well. The benefits of a merger...

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| Read Time: 4 minutes | Estate Planning

How Much Does an Estate Planning Attorney Cost in Texas?

Worries about the costs of estate planning are normal. Unfortunately, these worries often lead to prolonged procrastination. Many Americans let their concerns about costs stop them from formulating an estate plan. In fact, less than half of Americans have a will. Without a will, you are putting your estate and your loved ones in a bad position once you...

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| Read Time: 4 minutes | Estate Planning

How Much Does an Estate Have to Be Worth to Go to Probate in Texas?

After a person dies, their estate must go through an official legal process before it is distributed to beneficiaries. This process ensures that the estate pays its debts and gets distributed according to the decedent’s wishes if they left a will or state law if they did not leave a will. This process is called probate.    However, not all...

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| Read Time: 3 minutes | Business Law

Are Verbal Contracts Enforceable in Texas?

In a litigious world, best practice is to secure a written contract for agreements whenever possible. This avoids relying on “he said, she said” testimony. But sometimes this is not possible. Are verbal contracts binding? Verbal contracts are legally binding and enforceable if they meet certain requirements. If the verbal contract is otherwise valid, it is enforceable. The contract...

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| Read Time: 4 minutes | Business Law

What Is the Process of a Business Litigation Lawsuit in Texas?

Business litigation can be a costly and time-consuming process for any company. The controversies at issue can represent an existential threat to the business engaged in the litigation. Further, Texas business litigation law calls for specific processes that must be followed. These processes are rarely quick. Fortunately, many companies can avoid litigation through proper planning and effective governance. However,...

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| Read Time: 4 minutes | Business Law

What Are Shareholder Disputes and How to Resolve Them in Texas

Attracting stakeholders can be a great way to quickly and effectively grow a business and meet an uncaptured demand. But having multiple shareholders involved also causes numerous complications. Chief among them is when shareholder disputes arise. With multiple people relying on the successful operations of the business, clashes of personality and differing views about how the company should move...

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| Read Time: 4 minutes | Estate Planning

How Much Does Probate Cost With and Without A Will in Texas?

Writing a will can provide many benefits to our families once we pass on. A will can prevent conflict between family members, clearly explain how property is to be distributed, and reduce our family’s costs in probate court. Any one of these goals makes the initial effort well worth it.  Unfortunately, less than half of Americans have a written...

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