Quote:
Originally Posted by poohbear_nc
How could this happen you ask?
Well, the heir and wife decided that they were big kids and could do their own taxes (= take their stuff to the accountants). They didn't need to ask for help from that 'know it all' in dad's office, who looks after all the other family members' tax stuff.
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It sounds like you need to have a brutal and blunt private conversation with dad:
"Do you want this company to continue to exist after you're dead?"
"Of course!"
"Then
don't hand it over to your son. He'll kill it, and you'll live long enough to watch it happen!".
Dad won't like it, but the heir and his wife's latest moves are handwriting on the wall for anyone who can read.
______
Dennis