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

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

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

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

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

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