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When my grandfather died, recieved shares in the family business. My uncle is in charge, and has not been forthcoming about the finances, or value of stock. The company is included in the estate, concerned they maybe some questionable things done to make the IRS take another look. Considering hiring a lawyer and accountant to look into the company. My main concern is the company may have been underreporting profits, and being used to pay for personal stuff(lawncare, home maintainance).

2006-12-26 12:15:48 · 3 answers · asked by rwhz199 4 in Business & Finance Small Business

3 answers

You can definitely have someone audit the books or do a due diligence.

2006-12-26 12:18:14 · answer #1 · answered by Anonymous · 0 0

I would hire an accountant to represent your interests in the estate. Once the accountant has determined your share, you may need to hire a lawyer who can act on the accountant's information.

Good luck.

2006-12-26 20:18:56 · answer #2 · answered by D N 6 · 0 0

Well first of all; if I were u I wouldn't be writing what faults the business has on here/ on your computer records... hire a lawyer

2006-12-26 20:17:35 · answer #3 · answered by Allen L 4 · 0 0

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