virginia – Page 3 – Young Law, PLLC

List of Corporate Formality No-Noes | Ryan C. Young, Attorney | Virginia Business Attorney | Richmond, Virginia

July 17, 2013October 10, 2019 Ryan C. Young, Esq.

Important Corporate Formalities in Virginia for LLCs and Corporations. The biggest advantage of forming a corporation or LLC is that you protect your personal assets. The Corporation acts as a shield protecting you and your family from personal liability. However, in order to have this protection, you must show that the Corporation is not a sham or your alter ego... Read More

Drafting your own estate plan might lead to disaster. | Ryan C. Young, Attorney | Richmond, Virginia

July 15, 2013October 10, 2019 Ryan C. Young, Esq.

Stories of dying patriarchs and matriarchs rewriting their wills on their own at the last moment make for good entertainment, but bad precedent. Even more trouble than personally altering your entire estate plan on a dying whim is never consulting an attorney in the first place. The more you have to leave, the more you have to lose — or... Read More

Guardianship and Conservatorship in the Commonwealth of Virginia | Ryan C. Young | Richmond, Virginia Lawyer

July 9, 2013October 10, 2019 Ryan C. Young, Esq.

Guardianship Attorney for Incapacitated Adults in Virginia According to the Virginia Code, there are two kinds of appointments the Circuit Court makes in relation to an incapacitated adult. These appointments include Guardianship and/or Conservatorship and/or Guardianship. An individual can be declared incompetent and have a guardian/conservator appointed at the same court proceeding. Declaring Incompetency Before the court appoints a conservator... Read More

3 Rules that Govern all Non-compete Agreements in Virginia | Ryan C. Young | Richmond, Virginia Attorney

April 9, 2013October 10, 2019 Ryan C. Young, Esq.

Virginia courts will look at these rules when deciding whether to uphold a non-compete agreement. There are a variety of ways in circumstances in which a noncompete clause could find its way into a Virginia contract. However, the most common by far is the employment situation. As such, I will refer to employer and employee throughout this article. The party... Read More

What is an Inter Vivos Trust? | Ryan C. Young | Virginia Attorney

April 2, 2013October 10, 2019 Ryan C. Young, Esq.

Inter Vivos – Latin for “between the living” An Inter Vivos Trust is often referred to as a living trust or a revocable living trust. As opposed to the testamentary trust that goes into effect when the trustor has passed away, the Inter Vivos Trust is in place and operating while the grantor is still alive. The Inter Vivos... Read More

What steps do I need to take to dissolve (close) my business? | Ryan C. Young | Richmond Business Attorney

March 15, 2013October 10, 2019 Ryan C. Young, Esq.

Closing a Business in VirginiaRyan C. Young Business Law There are numerous reasons for dissolving a business. Dissolving a business is the legal term for formally shutting down a business, sometimes the process is known as the dissolution of a business. Small and medium-sized businesses often have more than one owner. The first step towards dissolution is having all... Read More

Providing for your minor children with estate planning. | Ryan C. Young | Attorney | Richmond, VA

March 14, 2013October 10, 2019 Ryan C. Young, Esq.

By: Ryan C. Young Richmond, VA | Estate Planning Every single parent needs to ask themselves “what would happen to my child tomorrow if I died?” There are two fundamental concerns that must be adressed: 1) Who will manage the money for my child’s care, rearing and education? How will that money be managed? and 2) Who will make parental... Read More

Preparing for a Deposition in Virginia | Ryan C. Young | Civil Litigation | Richmond, VA

March 12, 2013October 10, 2019 Ryan C. Young, Esq.

Ryan C. Young | Attorney Richmond, Virginia Civil Litigation What is a deposition? If you are involved in a lawsuit you may be asked to give a deposition. In Virginia, as in most other states, a deposition is not a courtroom proceeding, although a court reporter will record the testimony you give under oath at the deposition. Essentially, it is... Read More

How Your Virginia Business Needs to React to Litigation | Ryan C. Young | Richmond, Virginia

March 4, 2013October 10, 2019 Ryan C. Young, Esq.

Ryan C. Young | Attorney Richmond, Virginia Small Business Law “You’ve been served!” are not words uttered by the out of work AOL mail voice now working in a restaurant. These are words no business ever wants to hear as they translates to: “Gotcha, you are being sued and here are the papers (summons and complaint) that prove it!” Usually... Read More

Estate Planning for Unmarried Adults in Virginia | Ryan C. Young | Richmond, VA | Attorney

February 25, 2013October 10, 2019 Ryan C. Young, Esq.

Ryan C. Young | Attorney Richmond, VA Estate Law Distribution to a Partner, Friend or Specific Family Member If you are single or in a relationship not bound by marriage, you can still dictate the distribution of your estate, but you must set up your estate properly. Depending on how you set up your estate, you can have your estate... Read More

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