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...
Continue ReadingAttracting 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...
Continue ReadingWriting 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...
Continue ReadingFor a layperson or a small business owner, sometimes it is difficult to tell the difference between a business lawyer and a corporate lawyer. Both sound like they know what happens behind the boardroom doors. But like everything in law, there is usually a reason for specific terminology. If you are struggling to understand whether your situation calls for...
Continue ReadingAs the American population gets older and sicker and healthcare gets more expensive, healthcare fraud has become more prevalent across all levels and types of care. Preventing healthcare fraud and abuse has thus become a top priority for regulators and law enforcement officials at all levels of government. Healthcare fraud is more difficult to combat than other types of...
Continue ReadingImagine building or renovating the home of your dreams. You move in just before the first big, Texas storm, and within hours your bedroom is full of water, your drywall is mush, and all your belongings need to be professionally cleaned or replaced. Your builder or contractor will need to answer a lot of questions! As a Texas resident,...
Continue ReadingWhen a person dies in Texas, their estate must be settled and distributed among their heirs. An estate is just a fancy word for describing all the things that a person owns, including their cash and investments. When lawyers talk about “probating” an estate, they simply mean settling the estate against any outstanding debts and liabilities. Whether a person...
Continue ReadingDoctors of chiropractic (DCs) often look for ways to bring their patients’ care under one roof rather than sending them all over the Lonestar state to get care. To meet this need, many healthcare providers are considering integrating medicine into their chiropractic practice. Medical integration definition allows different types of healthcare professionals with different licenses to work collaboratively as...
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 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...
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