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Why did the Court not allow a subpeona to be issued for these documents?
I don't know, my attorney never asked for one
You cannot in good faith file a corporate tax return without knowing the income available, however since you are in Court, this should be fairly simple for you to request and obtain, ask your attorney to file a subpeona for the LLC corporate returns for the last three years, this would be needed either way, since that is the only way the true value of LLC assets can be known.
Can you tell me why would my attorney not file a subpeona in the first place? I am beginning to wonder why he would not. My buy out for the LLC is related to property value. I had an appraisal done on the property and value of the rental income. The rental income was not complete because I was not aware of all rental income. The only accurate anaylsis was the property value only. I inherited this many years ago and my older siblings took control and have been very deceitful. What should I do?
The tax returns are needed to see what the gross and expenses declared actually are, the property by itself does not pait the whole picture of the value of the assets. Your attorney should subpeona these documents now, or ask for them during the discovery phase. If he does not ask him why he did not and make him ask for them now.
Also, as a member of the LLC you are entitled to these financial documents so the Judge involved should order it.
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