The Probate Process for Virginia Estates
Attorney Ryan Young provides a brief, general overview of the probate process in Virginia. Contact our Richmond, Virginia area law office to discuss your particular needs.
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As a Fiduciary, Am I entitled to Compensation in Virginia? | Ryan C. Young | Virginia Attorney
As a Fiduciary, Am I entitled to Compensation in Virginia? In Virginia, when you accept the responsibility of becoming a fiduciary for someone, you may be surprised by the amount of work that it entails. Serving as a fiduciary requires a lot of time and energy, not only to manage accounts, but also to properly report and account for your...
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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...
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Estate Administration: How our office assists clients. | Ryan C. Young | Richmond, Virginia Attorney
Virginia Estate Administration and Probate The death of a loved one is already a difficult and emotional experience for family members and beneficiaries. The added stress of sorting through a person’s estate and estate documents can oftentimes be too much for a family in mourning. If you find yourself in this challenging and life-changing situation, Virginia probate attorney Ryan C....
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How can survivorship accounts create problems during the administration or probate of an estate? | Ryan C. Young | Richmond, Virginia
I always cringe when someone asks me to draft their “simple” will. In my opinion, rarely is there such a thing as a “simple” estate plan. An estate plan should consider all of the assets of the individual and how those assets are held. When an attorney or a layperson tries to cut corners and save money on a proper...
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Virginia Estate Administration: What should I do after someone dies? | Ryan C. Young | Richmond, Virginia Attorney
Take time to mourn your loss. Firstly, if you are reading this article, please let me extend my sympathy for the loss of your loved one. I hope that you are able to take some time to mourn your loss and to reflect on their life. The first days and weeks after someone dies can be extremely burdensome and hectic...
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Removal of a Personal Representative in Virginia Estate Administration and Probate | Ryan C. Young | Richmond, Virginia | Estate Litigation
Removal of a Personal Representative in a Virginia estate administration or probate. In Virginia, the person whose duty it is to administer the estate of a deceased person is called the personal representative. Their job is to settle the financial affairs and distribute the assets of the decedent to the beneficiaries of a will or family members under the Virginia’s...
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Introduction to Probate Law in Virginia | Ryan C. Young | Richmond, Virginia | Estate Law
A brief lesson on Probate Law in Virginia In Virginia, as in most states, a will must be submitted to the court for probate so that it may be declared valid. When someone dies, their personal representative cannot just walk into a bank with the will in hand and demand the money of the deceased. The personal representative must first...
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