Legal Question in Business Law in Washington

Last year my partners tried to freeze me out of the company I helped start. I hired an attorney and as I was running out of money pushed for mediation. The mediator settled on a price of $340k for my share of the company. I had concerns on taxes and my attorney told me not to worry as I would be taxed at capital gains and I would be O.K. I received my taxes after the settlement from the company CPA in April and took them to my CPA who told me I was going to be taxed as ordinary income and I was responsible for $55k in corporate profits I will never see. I sent this to my attorney to resolve in April and filed an extension. My attorney won't talk to me now or return my inquires. (Always busy and will get back to me). I wasn't even told about possible corporate profits I might be responsible for and none of this was brought up during the settlement. Now I face penalties and huge taxes. This was supposed to be a large part of my retirement and now I am going to have trouble making ends meet. I think my attorney should have known the ramifications and protected me from this and he is now avoiding me because he screwed up . Is there any legal remedy for his mistakes? Thank you.


Asked on 6/28/15, 10:03 am

1 Answer from Attorneys
Charles Cruikshank Cruikshank Law Office-Since 1975

If you have good evidence (witnesses, documents) to prove what you say, you should be able to get a lawyer to sue your former lawyer. Don't wait or you may loose.

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Answered on 6/28/15, 4:03 pm


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