A 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 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...
Continue ReadingHave you ever faced a situation where your doctor referred you to a “miracle” clinic, only to find that your same doctor owns that clinic too? Or how about when your doctor recommends a treatment, and you later discover his brother owns the company providing it? These situations may violate the Stark Law, and you may be entitled to...
Continue ReadingIf estate planning is on your to-do list, you might be wondering if writing a will is enough. Your will, however, is just one portion of estate planning. In this blog, we explain the difference between writing a will and estate planning and describe the different documents that make up an estate plan. What Is Estate Planning? Estate planning...
Continue ReadingWhile most Texas employees work on an at-will basis, doctors usually have written physician employment agreements in place. For experienced doctors or specialists, these contracts can be worth hundreds of thousands, even millions, of dollars. Typically, a physician employment agreement is a straightforward document. However, if a dispute arises between a doctor and their practice or between a practice...
Continue ReadingIf your business has a brand—a website, merchandise, an identity—you may have valuable intellectual property and not even know it. In fact, your brand can be just as relevant to your bottom line as your revenue numbers if you nurture it correctly. And if you don’t? Well, you can only imagine what happens if someone else starts using your...
Continue ReadingConstruction is one of the fastest-growing industries across Texas. To reap the rewards of the building boom, make sure you are prepared. Good planning helps protect individuals and businesses from a host of different construction risks. While you cannot control external factors like shipping delays when planning your construction project, you should take charge of the things you can...
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