Professional Service Corporations (including PLLCs) in Virginia: How are they different? | Ryan C. Young | Richmond, Virginia Attorney

Professional Service Corporations (including PLLCs) in Virginia: How are they different? | Ryan C. Young | Richmond, Virginia Attorney
Email Ryan C. Young directly through this form: The act of sending email or other communications to our office DOES NOT establish an attorney-client relationship.  No attorney-client relationship is created by the information... Read More

Legal Considerations When Buying a Small Business | Ryan C. Young | Richmond Business Attorney

Legal Considerations When Buying a Small Business | Ryan C. Young | Richmond Business Attorney
Buying/Selling a Small Business A variety of legal issues should be considered when purchasing a small business. There are legal requirements that are associated with permits, licenses and registrations. All the required laws for operating your business must be met. The necessary regulations vary. Regulatory Considerations Particular businesses have restrictions related to the legal form the enterprise is allowed to... Read More

The Business Legalities of Medical Office Ownership – Ryan C. Young – Richmond, VA Business Attorney

The Business Legalities of Medical Office Ownership – Ryan C. Young – Richmond, VA Business Attorney
For many in the medical profession, setting up a private office is a major goal. If you wish to set up a medical office, but lack the knowledge of business law necessary to do so, I can be of assistance to you. I am an attorney with experience in assisting medical offices with the legalities of business start-up and management.... Read More

Non-Compete Agreements and Virginia Law – Ryan C. Young – Virginia Contract Lawyer

Non-Compete Agreements and Virginia Law – Ryan C. Young – Virginia Contract Lawyer
Email Ryan C. Young directly through this form: The act of sending email or other communications to our office DOES NOT establish an attorney-client relationship.  No attorney-client relationship is created by the information... Read More

Most business partnerships fail….and what you should do about it. | Ryan C. Young | Richmond Business Attorney

Most business partnerships fail….and what you should do about it. | Ryan C. Young | Richmond Business Attorney
Many partnerships set themselves up for failure. I have always had an entrepreneurial spirit.  From a very young age, I always envisioned myself running some sort of business.  Prior to becoming a lawyer, I was talking seriously with two friends about potentially opening a restaurant together.  All three of us got so ecstatic about the possibility about opening that we didn’t give... 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

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?  | 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

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

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

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