Providing for your minor children with estate planning. | Ryan C. Young | Attorney | Richmond, VA

Ryan C. Young, Esq.
Providing for your minor children with estate planning. | Ryan C. Young | Attorney | Richmond, VA
By: Ryan C. Young Richmond, VA | Estate Planning Every single parent needs to ask themselves “what would happen to my child tomorrow if I died?”  There are two fundamental concerns that must be adressed: 1) Who will manage the money for my child’s care, rearing and education? How will that money be managed? and 2) Who will make parental... Read More

Estate Planning for Unmarried Adults in Virginia | Ryan C. Young | Richmond, VA | Attorney

Ryan C. Young, Esq.
Estate Planning for Unmarried Adults in Virginia | Ryan C. Young | Richmond, VA | Attorney
Ryan C. Young | Attorney Richmond, VA  Estate Law Distribution to a Partner, Friend or Specific Family Member If you are single or in a relationship not bound by marriage, you can still dictate the distribution of your estate, but you must set up your estate properly. Depending on how you set up your estate, you can have your estate... Read More

Providing for your minor children with estate planning. | Ryan C. Young | Attorney | Richmond, VA

Ryan C. Young, Esq.
Providing for your minor children with estate planning. | Ryan C. Young | Attorney | Richmond, VA
Estate Planning for Families with Young Children. By: Ryan C. Young Every single parent needs to ask themselves “what would happen to my child tomorrow if I died?”  There are two fundamental concerns that must be adressed: 1) Who will manage the money for my child’s care, rearing and education? How will that money be managed? and 2) Who will... Read More

Estate Planning: The Family Money Talk – Have it Early and Often | Ryan C. Young | Virginia Attorney

Ryan C. Young, Esq.
Estate Planning: The Family Money Talk – Have it Early and Often | Ryan C. Young | Virginia Attorney
Discuss your Estate Plan with your Family Once your finished estate plan is signed, by you, have it witnessed by an impartial third-party, and notarized, the work is not over. There is still some heavy lifting for you to do.You need to talk with your adult children about the contents of your estate plan. This is a difficult but important... Read More

Should I have a Will or a Living Trust? | Ryan C. Young | Estate Planning | Richmond Attorney

Ryan C. Young, Esq.
Should I have a Will or a Living Trust? | Ryan C. Young | Estate Planning | Richmond Attorney
Ryan C. Young | Attorney Richmond, Virginia No one likes to face their own mortality and far too many of us neglect to put our final wishes into a legal document. The stakes are high for failing to create an estate plan, the courts rather than you determine who gets your assets and if you have minor children who takes... Read More

As a new mother, what estate planning documents do my husband and I need? | Ryan C. Young | Estate Planning | Attorney

Ryan C. Young, Esq.
As a new mother, what estate planning documents do my husband and I need? | Ryan C. Young | Estate Planning | Attorney
  Estate Planning for Young Parents Richmond, Virginia | Estate Planning | Attorney Q.  As a new mother, what estate planning documents do my husband and I need? ANSWER: • You need to have either a Last Will and Testament or a Trust. • You need to state a preference concerning the care of your children in the event of... Read More

Proper Estate Planning Helps Avoid Family Disputes | Ryan C. Young | Richmond, Virginia | Attorney

Ryan C. Young, Esq.
Proper Estate Planning Helps Avoid Family Disputes | Ryan C. Young | Richmond, Virginia | Attorney
By: Ryan C. Young Although many people would like to avoid the subject of death, it is something that you need not ignore. Otherwise, upon your death, chaos can erupt and your family members’ relationships can be negatively impacted, forever. We all know that death is a highly charged emotional situation. These emotions can cause our loved ones to act... Read More

Four Benefits that Make Living Trusts a Compelling Option | Ryan C. Young | Virginia Estate Planning

Ryan C. Young, Esq.
Four Benefits that Make Living Trusts a Compelling Option | Ryan C. Young | Virginia Estate Planning
Virginia Living Trust Think a living trust, sometimes called an inter vivos trust , is an estate planning option only appropriate for only the highest net-worth individuals? Think again. Living trusts offer individuals an alternative to relying on a standard will to direct the disposition of their assets upon death. Across Virginia—indeed, across the entire United States—people are discovering that... Read More

What are the differences between a Trust and a Will? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
What are the differences between a Trust and a Will? | Ryan C. Young | Richmond, Virginia Attorney
Living Trust v. Last Will and Testament An inter vivos trust, commonly known as a living trust, is used to dispose of property during a person’s lifetime. A last will and testament transfers the ownership of property after a person’s death. These legal instruments have significant differences such as their transfer, revocability, privacy, probate and costs. Transfer of Property into... Read More

Start The Year Right: Bring Your Legal Documents Up-To-Date | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Start The Year Right: Bring Your Legal Documents Up-To-Date | Ryan C. Young | Richmond, Virginia Attorney
The New Year is here. If you are like most folks you have had year which included some changes. You may have moved, changed jobs, changed your marital status, had kids and like most of us, made no changes or conducted a serious review of your estate plan. If you have moved and have not notified government agencies and others... Read More