People 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 ReadingMaking a will is often a sensitive subject. Will your beneficiaries be pleased with your bequests, or will they be disappointed with how you have chosen to distribute your assets? If you are worried that disappointed or disgruntled beneficiaries might try to contest your will, you might consider including a no-contest clause in your will in Texas. What is...
Continue ReadingConstruction projects typically involve multiple phases, multiple parties, and multiple opportunities for disputes and problems. In this blog, the Massingill team explains when it’s time to bring in a construction attorney. Whether you’re a construction company owner, contractor, or architect, our construction dispute attorneys have the experience to assist with your legal issues. Contact our Texas construction lawyers today...
Continue ReadingWhen someone fails to comply with the terms of a contract, you may have grounds to file a breach of contract claim. These types of lawsuits are common in business litigation. There are four elements of a breach of contract claim: a valid contract, performance, breach, and damages. In this blog, we define each element of breach of contract...
Continue ReadingA power of attorney is a legal document that grants decision-making authority to someone (the agent) on behalf of another person (the principal). Depending on the terms of the document, the agent has the ability to access information and accounts and make life-altering decisions for the principal. Unfortunately, there are situations when the agent fails to use their power...
Continue ReadingBefore hiring the most experienced or the cheapest lawyer, it’s important to know what questions to ask an estate planning attorney. Estate planning involves discussing important and personal topics like your family, finances, and goals. When choosing an estate planning attorney, you want to be comfortable and confident with the person you choose. It’s likely that the attorney will...
Continue ReadingAs a Texas business owner in Texas, there is a chance someone may have disparaged your business on a popular website or social media, possibly giving rise to a business disparagement claim in Texas. If this hasn’t happened to you yet, it may very well be something you face in the future. But what exactly is business disparagement in...
Continue ReadingCorporate reorganization allows businesses to change hands, branch out, or do what’s needed to keep the company going. It’s especially helpful if the company is having financial difficulties. In this article, the business lawyers at Massingill goes over different types of corporate reorganization. The article also explores what goes into an excellent corporate reorganization plan and the accompanying tax...
Continue ReadingWhen people think of “white collar crime,” they usually think of the stock market. But billions of dollars are stolen each year in healthcare fraud, one of the fastest growing white collar crimes in America. In 2022 alone, a single healthcare fraud case brought charges against over a dozen fraudsters, claiming that over $1.2 billion had been stolen from...
Continue ReadingContracts are the bedrock of business. It’s how people create businesses, build company relationships, grow their brands, and keep things running smoothly. But what makes a contract enforceable? This article explores the elements of an enforceable contract. The team at Massingill provides efficient and effective business solutions. If you have questions, please contact us today. What Are the Elements...
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