lawyer – Young Law, PLLC

You must register your foreign LLC or Corporation in Virginia in order to conduct business. | Ryan C. Young | Virginia Attorney | Business Law

October 10, 2012October 10, 2019 Ryan C. Young, Esq.

Register your foreign LLC or Corporation in Virginia If your LLC or corporation was formed in another state, you must first register with the Virginia State Corporation Commission before “conducting business” in the Commonwealth of Virginia. Of course, the actions which constitute “conducting business” are sometimes disputed. Penalties for not registering your foreign corporation or LLC The penalties for... Read More

Limiting Damages in a Contract | Ryan C. Young | Richmond, Virginia | Business Attorney

September 24, 2012October 10, 2019 Ryan C. Young, Esq.

Ryan C. Young Richmond | Business Law | Attorney When a small business enters into a contract, it must meet certain obligations. If the business isn’t able to uphold its part of the deal, the other parties involved in the contract can bring legal action against the business, which may result in damages. To protect itself from unreasonable costs, a... Read More

What does force majeure mean in a contract? | Ryan C. Young | Richmond, Virginia | Business Law | Attorney

September 18, 2012October 10, 2019 Ryan C. Young, Esq.

Richmond | Contract Law | Attorney When certain uncontrollable events occur, a party involved in a business contract may not be able to hold up his end of the deal. To protect parties from legal repercussions in such situations, contracts often include a “force majeure” clause. What Does Force Majeure Mean? Literally, “force majeure” means “superior force.” Legally, it refers... Read More

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

September 11, 2012October 10, 2019 Ryan C. Young, Esq.

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

July 30, 2012October 10, 2019 Ryan C. Young, Esq.

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

Your first time giving testimony as a witness. | Ryan C. Young | Richmond, Virginia Attorney

May 14, 2012October 10, 2019 Ryan C. Young, Esq.

Tips for appearing as a witness (giving testimony): If you are represented by counsel, talk to your attorney about your concerns. Don’t simply “blurt out” the answers. It’s perfectly acceptable to take your time. Think about the question before answering. Ask your attorney to prep with you in advance. Role play answering some of the questions which might likely come... Read More

Balancing Virginia Non-Compete Agreements With Right to Work Laws | Ryan C. Young |Richmond Business Attorney

April 24, 2012October 10, 2019 Ryan C. Young, Esq.

Non-Compete Agreements Employment law faces a paradox in Virginia when employers require employees to sign non-compete agreements. Those are agreements that employers require which limit for whom an employee may work, and for how long, after vacating a position. Virginia is a right to work state. In right to work states laborers can work for whomever they choose, and employers... Read More

Negotiating a Commercial Lease | Ryan C. Young | Commercial Lease | Richmond, Virginia Attorney

April 18, 2012October 10, 2019 Ryan C. Young, Esq.

Commercial Leases Many times, due to the excitement of beginning a new business or relocating an already established one, it is easy to overlook what could go wrong. Remember, that in the majority of cases, a commercial lease will favor the landlord. Among other things, you need to know who will maintain the property, you or the landlord. Always Hire... Read More

How can a lawyer potentially make your business more profitable over the long haul? | Ryan C. Young | Richmond Business Attorney

March 19, 2012October 10, 2019 Ryan C. Young, Esq.

Small Business | Attorney | Richmond When initially starting a business you have to consult area building codes and get permits for everything. Therefore, you are already consulting the law on how to proceed. For certain, it is a priceless commodity to develop a relationship with a lawyer who knows the mechanics of your specific business. You should keep a... Read More

What are the differences between an LLC and an S Corp? | Ryan C. Young | Richmond, Virginia | Business Attorney

February 8, 2012October 10, 2019 Ryan C. Young, Esq.

What are the differences between an LLC and an S Corp? Often, I encounter small business owners who want to know the differences between an LLC and and S Corp. If you are reading this article, I assume that you know all about limited liability and separate entity status of corporations in Virginia. If not, I suggest that you contact... Read More

Tag: lawyer