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

Ryan C. Young, Esq.
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

Ryan C. Young, Esq.
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

Concerns about an Agent acting under a Power of Attorney | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Concerns about an Agent acting under a Power of Attorney | Ryan C. Young | Richmond, Virginia Attorney
Are you concerned about the actions of a fiduciary acting under a Power of Attorney? There are many instances where someone will come to my office who has concerns about how another party (agent) is managing their funds or the funds of a family member (principal). Unfortunately, many times the concerns are well-founded and the agent is not living up to... Read More

Virginia Estate Administration: Where do I begin? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Virginia Estate Administration: Where do I begin? | Ryan C. Young | Richmond, Virginia Attorney
Estate administration can seem overwhelming. Estate administration in Virginia is, at first glance, an overwhelming duty that can seem like an unduly harsh reality after the death of a family member or loved one, but there is time to grieve.  Honor your loved one first. The administration of an estate depends on the circumstances. The first question to determine is... Read More

Common Terms in a Virginia Power of Attorney Document | Ryan C. Young | Richmond, Virginia Estate Planning Attorney

Ryan C. Young, Esq.
Common Terms in a Virginia Power of Attorney Document | Ryan C. Young | Richmond, Virginia Estate Planning Attorney
Springing Power of Attorney A springing power of attorney is a power of attorney that goes into effect at a future time specified in the document. For example, if the principal is determined to be incapacitated and unable to handle his/her own affairs, the Springing Power of Attorney goes into effect.  This arrangement seems like the best option for healthy... Read More

Declaratory Judgments in Virginia | Ryan C. Young | Richmond, Virginia Litigation Attorney

Ryan C. Young, Esq.
Declaratory Judgments in Virginia | Ryan C. Young | Richmond, Virginia Litigation Attorney
What is a declaratory judgment? A declaratory judgment is a binding decision by a court defining the relationship between two litigants. What is the purpose of a declaratory judgment? In Virginia, declaratory judgments are meant to afford relief from uncertainty and insecurity between two parties. See Virginia Code § 8.01-191. Circuit Courts have the authority to issue declaratory judgments in... Read More

Virginia Estate Law: Suit to Impeach a Will | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Virginia Estate Law: Suit to Impeach a Will | Ryan C. Young | Richmond, Virginia Attorney
Wills are seen as the last wishes of the person who created the will, also known as the testator, after he or she passes away. The courts follow the instructions and provisions of the will strictly since the deceased is no longer able to communicate his or her wishes. In some cases, an interested party may have reason to contest... Read More

Estate Disputes: Testamentary Capacity in Virginia | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Estate Disputes: Testamentary Capacity in Virginia | Ryan C. Young | Richmond, Virginia Attorney
Disputing an estate can be very challenging in any situation. A key area of concern for many is in whether or not a person had the ability to create a legally binding will. If you believe that a person did not create a will under the proper circumstances, it is possible to file an estate dispute regarding this in Virginia. Read More

Virginia Estate Planning: What is the difference between a “living will” and “last will and testament”? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Virginia Estate Planning: What is the difference between a “living will” and “last will and testament”? | Ryan C. Young | Richmond, Virginia Attorney
Nothing lasts forever, and however good your health or stable your finances, it never hurts to prepare for the worst. This is especially true if your family or finances have changed recently. It is also a good idea to periodically review whether your old estate plan needs amendments. Many of the terms used for the various estate planning documents can be... Read More

Suit for Aid and Direction | Virginia Estate Litigation | Ryan C. Young, Richmond Attorney

Ryan C. Young, Esq.
Suit for Aid and Direction | Virginia Estate Litigation | Ryan C. Young, Richmond Attorney
Sometimes a will may include conflicting provisions or ambiguous instructions, or a codicil that was added that may contradict the body of the will. There may be uncertainty as to whether certain assets listed are part of the estate. Read More