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

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

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

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

Does an Executor have the power to sell real estate in Virginia? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Does an Executor have the power to sell real estate in Virginia? | Ryan C. Young | Richmond, Virginia Attorney
  Executor’s power to sell real estate. By: Ryan C. Young  This is a very contentious issue that I have run into many times in my legal practice. The rules can often be confusing. Any time to you have multiple individuals co-owning real estate together, it invites disaster. Real estate is also very different from other assets in that beneficiaries... Read More

Annual Tasks for Small Business Owners | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Annual Tasks for Small Business Owners | Ryan C. Young | Richmond, Virginia Attorney
Annual Tasks for Small Business Owners The following is a list of questions which I hope you will consider. By no means is the list exhaustive. In fact, I have merely put together this form in the hopes that you will consider areas which may need improvement. If performed at least yearly, legal checkups can certainly save your business future... 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

Who pays the attorney’s fees in a guardianship or conservatorship petition in Virginia? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Who pays the attorney’s fees in a guardianship or conservatorship petition in Virginia? | Ryan C. Young | Richmond, Virginia Attorney
Attorney’s fees in a Virginia guardianship petition. By: Ryan C. Young, Esq. Who pays attorney’s fees in a guardianship or conservatorship proceeding in Virginia? This is a question I get often from potential clients (“Petitioner”) who are considering bringing a guardianship or conservatorship petition because of a loved one’s incapacity. In this article, the allegedly incapacitated person is referred to... Read More

How do I settle my civil lawsuit? | Ryan C. Young | Richmond, Virginia Lawyer

Ryan C. Young, Esq.
How do I settle my civil lawsuit? | Ryan C. Young | Richmond, Virginia Lawyer
Settling a civil lawsuit.  By: Ryan C. Young, Esq. Recently, I was working on a case in which a pro se litigant (someone without an attorney) was suing my client. I kept trying to send communications to the opposing party that my client would be interested in discussing the possibility of settlement. Rightly or wrongly, many individuals have a poor... Read More

Can an attorney-in-fact (agent) be reimbursed for attorney’s fees? | Ryan C. Young | Richmond, Virginia Attorney

Ryan C. Young, Esq.
Can an attorney-in-fact (agent) be reimbursed for attorney’s fees? | Ryan C. Young | Richmond, Virginia Attorney
Acting under a Power of Attorney + Attorney’s Fees An attorney-in-fact is the principal for an individual under a validly executed power of attorney. The term is confusing to some and can be used interchangeably with the word agent. The law governing power of attorney documents is somewhat similar to agency or contract law. In order to determine your rights... Read More