Removing a Trustee in Virginia | Ryan C. Young | Richmond, Virginia Fiduciary Litigation Attorney

Removing a Trustee in Virginia | Ryan C. Young | Richmond, Virginia Fiduciary Litigation Attorney
What is a Trustee? A trustee or co-trustee is a person who is designated as a fiduciary of a trust.  In Virginia, a fiduciary is given the great confidence and trust to responsibly manage and maintain financial affairs without letting self-interest affect fiduciary decisions. In the case of a revocable trust, the settlor (person who created the trust), trustee and... Read More

What is Fiduciary Litigation? | Ryan C. Young | Richmond, Virginia Attorney

What is Fiduciary Litigation? | Ryan C. Young | Richmond, Virginia Attorney
What is a Fiduciary? A fiduciary is a person who has been entrusted with great confidence to manage and maintain the financial affairs of another party or parties. A fiduciary could be appointed through a Power of Attorney or a Will as a personal representative.  However, attorneys, financial institutions, corporate officers, and other such entities who are trusted to protect... Read More

Who pays attorney’s legal fees in a Virginia real estate partition suit? | Ryan C. Young | Richmond, Virginia Attorney

Who pays attorney’s legal fees in a Virginia real estate partition suit? | Ryan C. Young | Richmond, Virginia Attorney
In the USA, the general rule is that parties generally pay their own attorney’s fees in litigation. Of course, there are exceptions to this “American Rule”. One exception is where a statute allows a recovery of attorney’s fees. There is such a statute in Virginia in relation to partition suits. Virginia has a statute regarding payment of attorney’s fees in... Read More