~5 minute read What is Virginia’s Minimum Wage? With so many changes coming to businesses this year (see more changes coming soon), an important question to ask is “What is Virginia’s minimum wage?” On May 1, 2021, Virginia’s minimum wage increased from $7.25 to...
What is a Series LLC?For many entrepreneurs, organizing your business as a limited liability company (LLC) is a no-brainer.In Virginia, you can be well on your way to ensuring your personal assets are protected from creditors of your business for just the $100 cost of...
By Tricia Dunlap Esq.~4 minute readPart 3 – LLC Education Series: The Perilous Position of LLC Minority Members Limited liability companies are highly popular, very flexible business entities. They are cheaply and easily formed which unfortunately creates the...
By Tricia Dunlap Esq.~2 minute readSee more videos and blog postsPart 5 – LLC Education Series Fiduciary Duties: The Responsibilities You Never Knew You Had Good faith and fair dealing. Loyalty. Care. Sometimes these seem like quaint concepts. A throwback to a...
By Tricia Dunlap Esq.~2 minute readPart 4 – LLC Education Series Hotel California: You Can Checkout but You Can Never LeaveRelatively early in my legal career, a new client arrived with a terrible dilemma. About a decade earlier, he and his buddy decided to invest in...
By Tricia Dunlap Esq. ~9-10 Minute Read 6 New Laws In The Virginia Values Act The Virginia Values Act went into effect on July 1st, 2020. This was a significant law in Virginia that our General Assembly passed in the last session and it has some really...