Anonymous wrote:You have no idea if they are dealing with fake prescriptions from doctors, stolen prescription pads, fake identities, stolen identities. That type of facility is rife with crime.
I am sitting here in disbelief that you as an attorney are fronting a pain pill/rehab clinic from 1500 miles away for your felon father.
Do you have ANY idea how much legal trouble you could get into? Someone who overdoses could sue YOU for their death.
You need to get out fast. You have a family of your own.
Anonymous wrote:We are working on it, if the sale goes through we will, the buyers are a little flaky though, so we are waiting on our accountant to finish our profit and loss reports to give to the buyer before they make a final decision. If we sell, is 25-75 (with him getting 75%) fair?
Anonymous wrote:Anonymous wrote:Those are huge monthly profits for a medical clinic -- and your father has a record of being crooked. YOU and YOU alone are being set up to take the fall when the clinic is audited for fraud by insurance companies, Medicare, etc. Yeah, sell now.
Yup, I was also thinking Medicare/insurance fraud. You need to get out of this situation ASAP and hold onto all of the money for a few years just in case you need to settle a fraud or back taxes issue.
Anonymous wrote:Anonymous wrote:Oh, OP, my heart just aches for you. I think you really need to take this offer and get out, because this is not healthy for you. As to how to split the money, my first question is whether the monthly loan payment has been coming out of profits before anyone gets paid, or if you've been paying it out of your own pocket and then getting only $2k back as partial reimbursement? If it's the latter, the very first thing that has to be done with the profit is to reimburse you (with interest) for everything you've paid out for the clinic. Out of whatever's left, it would be completely within your right to keep it all. After all, you're the one who took the legal and financial risk of owning it (no matter how your father may paint it as him having done you a favor by finding this opportunity, you did him a huge favor by buying the clinics and keeping him employed all this time). If you would like to give him something, give him $60k. That would be approximately 6 months severance, so plenty to support him while he finds a new job.
Then, please take the remaining profit and use it to pay for a therapist for yourself to work on this. As much as you may feel you've largely moved past your abusive history, if you'd truly healed from it you wouldn't have allowed him to abuse you again in this matter (which is what he's doing). Abuse by your parents is incredibly difficult to recover from, and a skilled therapist can do wonders for helping you establish a healthy sense of self.
The $8k payments have been coming out as an expense of the clinics, they have paid that payment monthly. Part of the problem is that he really does have very few skills, doesn't have a high school diploma, and was in a really rough point a few years ago, and I feel like I am responsible for keeping him employed or he may be destitute. The last time that happened he called me in the middle of the night threatening to kill himself. Thank you so much for your insight and kind words.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP -- are these clinics either marijuana or "pain management" clinics?
(Also a lawyer with a toxic father who pulled her into some financial shenanigans until I wised up).
They sound like something of that kind... "pain management" would be one reason to sell, since there may be more regulation into this sector coming up, contrary to marijuana.
Yes, pain management and drug rehab.
These types of "cash-only" clinics are responsible for so many overdoses and deaths. In addition, there is about a 100% chance that your father is skimming a large amount of that cash and is grossly under-reporting his income. I'm sure it's far higher than either you or the IRS know. You should dump this dog of a clinic and your dog of a father quickly before the officials find out what's really going on there.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP -- are these clinics either marijuana or "pain management" clinics?
(Also a lawyer with a toxic father who pulled her into some financial shenanigans until I wised up).
They sound like something of that kind... "pain management" would be one reason to sell, since there may be more regulation into this sector coming up, contrary to marijuana.
Yes, pain management and drug rehab.
because he cannot be a licensed owner due to legal troubles and felonies in his past.
Anonymous wrote:Those are huge monthly profits for a medical clinic -- and your father has a record of being crooked. YOU and YOU alone are being set up to take the fall when the clinic is audited for fraud by insurance companies, Medicare, etc. Yeah, sell now.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Yes, he is taking advantage of you. No, the 25/75 split is not fair.
Sell it, OP. Sell it ASAP. Sell it before you get in some kind of huge legal trouble for things your father should not be doing in the clinic.
Sell it to disentangle yourself from a toxic person who does not have your best interest at heart.
Sell it to give yourself peace and space to earn honest money for your own family.
I would sell it and give him whatever you think is fair. Honestly, for what he has essentially stolen from you all this time, I think NOTHING is fair. But give him whatever will give you peace. If it gives you peace to give him 100% and be free of this, give that to him.
Don't expect him to be happy with whatever you give him. If you give him 100%, he will still be mad at you for selling his cash cow. YOU CAN NEVER MAKE HIM HAPPY. He will always blame his unhappiness on you.
It is not your fault. IT IS NOT YOUR FAULT.
Please let yourself be free of this terrible, toxic situation and free of as much contact with your dad as possible. If you can get out of this deal without losing more time and any money, you will be well free of it at ANY price.
Thank you so much, I am honestly sitting here crying at your insight and kindness, thank you.
You're welcome, OP. I get it, I really do. You are smart and capable and have developed so many excellent skills to survive. But part of you is that little girl who still desperately wants a happy family, wants her dad to approve of her and love her.
The thing is that you have the potential to have a happy, safe, secure family - with the good man you married and the children you have created, who need safety and trust as much as you did. And having your dad have so much of a hold on your life is not good for you at all, and it's endangering your own self-created family, too. So even if you're not ready to let go of the dream of your dad loving you and approving of you (yet) for your own sake, you have to work really hard on letting go of it for the sake of your children.
What your dad has entangled you in could be really dangerous for you -- there could be lawsuits, malpractice, IRS issues -- all kinds of things that could cause financial ruin, cause you to be mentally and emotionally absent from your husband and kids, and at worst even result in jail time. And I think you know that someone as capable as you and accomplished as you would not only know this intellectually but also run at high speed away from this deal, were it not for how complicated your feelings for your dad are, and how painful it all still is for you.
It's going to take a long time for the little girl in you to truly understand and believe that IT'S NOT YOUR FAULT and that YOU CAN NEVER MAKE HIM HAPPY. You can't. Unfortunately, he has made you his scapegoat, and he is an effective manipulator who can still push your buttons. But that little girl is only one part of you. There's also the strong, capable woman in you. And even though you'll need to work though all of this with a good, supportive therapist, you can't wait to feel better about all of it. You have to act now to protect your family and yourself. And that's where the strong woman in you is going to step up.
you can do this!
Thank you so much, I wish I could hug you right now. I am calling the accountant now to get the profit and loss statements over to the potential buyers to try and wrap this up as quickly as I can.