Legally_dead
Recycles dryer sheets
- Joined
- Sep 4, 2014
- Messages
- 50
Update: The family business situation could not have gotten nastier. I refused on many occasions to make a capital contribution. Instead, I proposed many solutions, including me providing all of the needed cash flow with a guarantee that paying me back had priority over all other expenses. They refused to accept anything other than an equal contribution. They also pushed me to withdraw. I refused. They ended up going most of 2018 without drawing a paycheck. This was after they bled the company’s capital (about $60k). They both wrote me nastygram emails, even a certified letter at one point. My brother never threatened it directly to my face, but he told his kids he was going to sue me. I consistently told them their time would be better spent finding new customers, which they never did.
My brother recently quit to take a job in another industry. My sister is still running the “company” making a few hundred bucks a week.
Relationships are destroyed. I’m alienated by most of my dad’s side of the family and not on speaking terms with my dad or siblings. The business conflict was a big part of this, but there was related drama involving two of my brothers ex-wives and me supporting them in custody modifications (he’s a worse parent than he is a business manager). Long story for another day.
It got really, really bad. For example, my siblings learned my net worth as part of a bank document. Both my siblings have used that to disparage me, telling family members I must have done something illegal to amass so much.
Things at the new gig are great. I’ve moved up the ranks and making close to $70k/year.
Net worth is $1.389M. Expenses are averaging about $60,000/year over the last few years.
I have a beautiful, loving wife and kiddos and thankful for that above everything else.
My brother recently quit to take a job in another industry. My sister is still running the “company” making a few hundred bucks a week.
Relationships are destroyed. I’m alienated by most of my dad’s side of the family and not on speaking terms with my dad or siblings. The business conflict was a big part of this, but there was related drama involving two of my brothers ex-wives and me supporting them in custody modifications (he’s a worse parent than he is a business manager). Long story for another day.
It got really, really bad. For example, my siblings learned my net worth as part of a bank document. Both my siblings have used that to disparage me, telling family members I must have done something illegal to amass so much.
Things at the new gig are great. I’ve moved up the ranks and making close to $70k/year.
Net worth is $1.389M. Expenses are averaging about $60,000/year over the last few years.
I have a beautiful, loving wife and kiddos and thankful for that above everything else.
