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LaydeeBug

(10,291 posts)
Fri Aug 22, 2014, 01:46 PM Aug 2014

Ok, DU, I need help (this has nothing to do with Ferguson)

As some of you might know, I recently lost my Dad. It is by far the biggest loss I have faced, or will ever face in my life.

My brother, a Republican who preaches hard line right wing rhetoric while swearing to God and everybody that he is "independent" recently got out of prison (federal) for being a Kingpin. Before Dad went into the hospital, my brother, who can't find a job that isn't a fake one because he is a felon, started his own company. I signed on as his vice president. I went to City Hall a couple of times and purchased some tax properties.

After dad went into the hospital, my brother, uncle, and sister tried to get POA without knowing that dad had already set all of that up...listing me as the POA. They then tried to get guardianship, in what I am positive was a last ditch effort to circumnavigate Dad's will. It didn't work. I was appointed guardian.

So now, I am wondering...how do I cut ties with that dummy corporation my brother set up? I want to make *certain* he can't pull any funny stuff.

Oh, and did I mention that my sister was in an auto accident (her fault) and assumed my identity to the police/ This was 8 days before this guardian hearing.

This is my life right now. Any advice would be appreciated, but taken with a grain of salt.

21 replies = new reply since forum marked as read
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Ok, DU, I need help (this has nothing to do with Ferguson) (Original Post) LaydeeBug Aug 2014 OP
Write a letter saying you quit and have it notarized and signed delivery confirmation snooper2 Aug 2014 #1
Do I have it sent to him at his home address? nt LaydeeBug Aug 2014 #2
send a copy to the "business" address and "home", I guess snooper2 Aug 2014 #3
Was this corporation actually filed or is it just a personal agreement? procon Aug 2014 #4
You MUST legally separate yourself packman Aug 2014 #5
Exactly, this is one time you really need a lawyer to handle it Warpy Aug 2014 #20
What state is the corporation chartered in? Lee-Lee Aug 2014 #6
Maryland. nt LaydeeBug Aug 2014 #8
forms here Lee-Lee Aug 2014 #21
Wait wait wait... You signed in on as a VP to a Republican Felon? Xyzse Aug 2014 #7
Oh he was changing his ways while he was in there, but his ugliness surfaced soon enough. nt LaydeeBug Aug 2014 #9
I am so sorry. Xyzse Aug 2014 #10
No advice, my dear LaydeeBug.......just lots and lots of vibes and good wishes! CaliforniaPeggy Aug 2014 #11
Thank you so much CaliforniaPeggy, you are a legend to me LaydeeBug Aug 2014 #12
Aw, thanks, sweetie... CaliforniaPeggy Aug 2014 #13
I do think your actions depend on what state law requires... mrsadm Aug 2014 #14
I would agree that the first step would be to contact an attorney.............. wandy Aug 2014 #15
Ads in the paper disavowing responsibility for anything are legally worthless. It ain't that easy. Shrike47 Aug 2014 #17
In conjunction with and after legal advice it may establish a time frame. wandy Aug 2014 #19
I join the recommendations to go to a lawyer, one who focuses on business law. Shrike47 Aug 2014 #16
Having a family is like having a bowling alley installed in your brain. Anonymous Tierra_y_Libertad Aug 2014 #18
 

snooper2

(30,151 posts)
1. Write a letter saying you quit and have it notarized and signed delivery confirmation
Fri Aug 22, 2014, 01:50 PM
Aug 2014

that should do it

 

snooper2

(30,151 posts)
3. send a copy to the "business" address and "home", I guess
Fri Aug 22, 2014, 01:57 PM
Aug 2014

I am just guessing by the way...

somebody smarter than I in these matters will probably chime in. I would think it is as easy as quiting, unless you are part owner in said company

procon

(15,805 posts)
4. Was this corporation actually filed or is it just a personal agreement?
Fri Aug 22, 2014, 02:23 PM
Aug 2014

Either way, you can incur significant liabilities as an officer. To protect yourself and your assets, contact an attorney for advice on how to legally extricate yourself from the predicament.

 

packman

(16,296 posts)
5. You MUST legally separate yourself
Fri Aug 22, 2014, 02:32 PM
Aug 2014

just sending a letter or posting an ad in a newspaper will not disassociate yourself from any legal proceedings that may pop up in the future. If you are or were a partner, you have in effect become a co-signer in any debt that company may have and be responsible for any acts it committed. I'll echo the earlier poster - go to a lawyer, file the correct papers, make it as legal as you can - take no half-ass measures or you will find that you may be liable for any costs the company has (you may already be). Get thee to a lawyer ASAP.

Warpy

(111,271 posts)
20. Exactly, this is one time you really need a lawyer to handle it
Fri Aug 22, 2014, 03:36 PM
Aug 2014

because otherwise, it could devolve into he said/she said.

Xyzse

(8,217 posts)
7. Wait wait wait... You signed in on as a VP to a Republican Felon?
Fri Aug 22, 2014, 02:39 PM
Aug 2014

You my dear, are far far far braver than I am.

Xyzse

(8,217 posts)
10. I am so sorry.
Fri Aug 22, 2014, 02:43 PM
Aug 2014

From your father to everything else.

I can only send you well wishes, as I can only echo some of the suggestions here, in contacting a lawyer and making everything as legal as possible.

Sadly, that would also more likely than not, take quite a bit of change.

 

LaydeeBug

(10,291 posts)
12. Thank you so much CaliforniaPeggy, you are a legend to me
Fri Aug 22, 2014, 02:48 PM
Aug 2014

so I feel kinda honored that your responded to my post.

mrsadm

(1,198 posts)
14. I do think your actions depend on what state law requires...
Fri Aug 22, 2014, 02:58 PM
Aug 2014

In NY state we had to file certain papers to dissolve an LLC. Attorney may be the way to go.

wandy

(3,539 posts)
15. I would agree that the first step would be to contact an attorney..............
Fri Aug 22, 2014, 03:04 PM
Aug 2014

After that if attorney concurs.......

If your local paper has a personals section a personal add stating........

I Laydeebug have ended any professional or financial involvement with concern as of dd/mm/yyyy

Shrike47

(6,913 posts)
17. Ads in the paper disavowing responsibility for anything are legally worthless. It ain't that easy.
Fri Aug 22, 2014, 03:07 PM
Aug 2014

Shrike47

(6,913 posts)
16. I join the recommendations to go to a lawyer, one who focuses on business law.
Fri Aug 22, 2014, 03:06 PM
Aug 2014

I want to emphasize the business law part. I'm a lawyer, but what I know about dissolving your relationship with a corporation could be put in a thimble.

Also, go kick your sister.

 

Tierra_y_Libertad

(50,414 posts)
18. Having a family is like having a bowling alley installed in your brain. Anonymous
Fri Aug 22, 2014, 03:16 PM
Aug 2014

I parted from my parents at age 15. From the rest at about 22.

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