Can an attorney-in-fact (agent) be reimbursed for attorney’s fees? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Can an attorney-in-fact (agent) be reimbursed for attorney’s fees? | Ryan C. Young | Richmond, Virginia Attorney
Acting under a Power of Attorney + Attorney’s Fees An attorney-in-fact is the principal for an individual under a validly executed power of attorney. The term is confusing to some and can be used interchangeably with the word agent. The law governing power of attorney documents is somewhat similar to agency or contract law. In order to determine your rights... Read More

Gift Tax FAQ – Richmond, Virginia Lawyer – Ryan C. Young

Ryan C. Young, Esq.
Gift Tax FAQ – Richmond, Virginia Lawyer – Ryan C. Young
  At first glance the gift tax regulations seem quite complicated. That is because the Internal Revenue Service hires writers who cannot write a simple sentence. If the tax code was written in plain English it would likely be hundreds, if not thousands of pages shorter. By using a FAQ format, we hope most of your questions will be addressed. The... Read More

The 3 most common types of attorney’s fee structures | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
The 3 most common types of attorney’s fee structures | Ryan C. Young | Richmond, Virginia Attorney
Attorney’s Fees ***Please leave your comments below. I would love to hear from you regarding your experiences with attorney’s fees. FEE: the mention of the word tends to make people uneasy; add it to “Attorney Fee’s” and some of us may just run and hide.  However, if we understand how and why your Attorney decides how he/she comes up with... Read More

Talk to a lawyer after your vehicle accident. | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Talk to a lawyer after your vehicle accident. | Ryan C. Young | Richmond, Virginia Attorney
By: Ryan C. Young Unfortunately, car accidents happen every single day. You may be the most careful and cautious driver, however, you are sharing the road with others who may be careless, intoxicated, texting or driving dangerously. I became passionate about plaintiff’s rights in vehicle accidents after my wife and I had our car rear-ended by someone who was clearly... Read More

Advantages of Solo Attorney Law Firm for a Small Business – Ryan C. Young – Richmond, VA Attorney

Ryan C. Young, Esq.
Advantages of Solo Attorney Law Firm for a Small Business – Ryan C. Young – Richmond, VA Attorney
Small and medium-sized businesses often feel they need the services of a large legal firm to provide them with legal advice, contract review, help in negotiations, litigation and getting customers to pay their bills. They are right – providing that the main thing they are looking for from a legal firm is high legal bills. Sure, you will meet with... Read More

Protecting the legal health of your small business. | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Protecting the legal health of your small business. | Ryan C. Young | Richmond, Virginia Attorney
Small Business Legal Health Any business takes on legal issues beyond merely getting the business license. While laws and requirements vary among states and municipalities, the following general areas of legal concern affect most small businesses. Corporate Status A corporation, whether just an LLC or larger, must comply with different regulations than a partnership or sole proprietorship. Owners of enterprises... Read More

Protecting your family through estate planning. | Ryan C. Young | Richmond, Virginia | Estate Planning

Ryan C. Young, Esq.
Protecting your family through estate planning. | Ryan C. Young | Richmond, Virginia | Estate Planning
  An estate planning attorney can protect your family and assets. No one likes to think about estate planning. This is understandable: People don’t want to consider their own mortality. But if you want to offer financial protection to your family and children, estate planning is essential. And this means that meeting with an estate attorney is also critical. Everyone... Read More

Why is it important to incorporate your business? | Ryan C. Young | Richmond, Virginia Attorney | Business Law

Ryan C. Young, Esq.
Why is it important to incorporate your business? | Ryan C. Young | Richmond, Virginia Attorney | Business Law
By: Ryan C. Young, Esq. Why should you incorporate your business?  There are many reasons to do so; the top reason is incorporation provides owners, members and manages of companies with limited liability. Simply stated, the personal liability that the corporation(s) already have is restricted only to the capital that they have invested.  If the corporation (or LLC) goes files... Read More