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A Wide Variety of Professional Liability Insurance
Licensed professionals can buy professional liability insurance to protect against lawsuits arising from work-related errors. This insurance is sometimes called malpractice insurance or "errors-and-omissions" insurance. Many people are familiar with medical malpractice insurance for doctors, but there ... Read more

Many States Require Medical Malpractice Insurance
Medical malpractice insurance - med mal insurance - protects doctors from lawsuits by patients who claim the medical services received were below a reasonable standard of care. Without this type of insurance, a doctor might have to pay out of pocket to cover a damages award. The cost of medical malpractice ... Read more

Legal Malpractice Insurance Does Not Cover All Claims
The right insurance for your law practice can mean the difference between staying in business and financial ruin. Professional liability insurance for lawyers, also known as legal malpractice insurance, protects lawyers against lawsuits when mistakes are made involving a client's case. Maintaining this ... Read more

Starting a Business: Selecting a Good Lawyer
Starting a business without the advice of legal counsel could be one of the biggest mistakes you ever make. If you don't already have a lawyer representing your interests, a prime candidate to meet your needs would be a business lawyer with expertise on corporate matters and start up ventures. This checklist ... Read more

A Sole Proprietorship is the Most Basic Company Form
The majority of businesses in the United States are sole proprietorships. The legalities of this business structure involve several pros and cons. If you work for yourself, and if you haven't formed any other business structure, you're probably already a sole proprietor. You and Your Business Are the ... Read more

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Registered Agents for Texas Entities

Section 5.201(b) of Texas Business Organizations Code (the “TBOC”) requires that every domestic or foreign filing entity (including without limitation, any limited liability company, corpo ... Read more

How Do I Avoid Probate?

How Do I Avoid Probate? With proper advance planning, probate can be readily and entirely avoided. Several methods of asset transfer and titling can remove an individual’s pro ... Read more

Inherited IRAs Not Exempt in Bankruptcy

“The only man who sticks closer to you in adversity than a friend is a creditor.” (Author unknown) In 2014, the United States Supreme Court ruled that funds held in inherited indivi ... Read more

What To Do BEFORE You Start Your Educational Foundation

By Dr. Carol Simpson, ShareholderEichelbaum Wardell Hansen Powell & Mehl, P.C. So you want to start an educational foundation but you don’t know where to begin. You know that a found ... Read more

Finding the right company form when establishing a business

If someone wishes to establish a business, the right company form must be found. Different rights and obligations emerge depending on the chosen company form. ... Read more

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