"My Dad Wants Me To Give Him My $300,000 Trust"

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 3 December 2025

⏱️ 127 minutes

🔗️ Recording | iTunes | RSS

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Summary

🤔 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Think you’re good with money? Take our Money in America quiz!⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Dave Ramsey and Ken Coleman answer your questions and discuss: "My father is trying to bribe me into signing a document that alters the trust my grandfather left" "I got laid off and I have $100,000 of debt. Can I lose my house if I can't pay?" "How do I negotiate on debt that's in collections?" "Should I continue investing while saving for school?" "How do we combine finances after we get married?" "I owe $30,000 in state taxes. My tax settlement company wants me to pay $6,500 to negotiate on my behalf" "Should I let my dad move into my home even though he is bad with "Should we pause investing to pay down our mortgage so we can refinance to a 15-year fixed mortgage?". Next Steps:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ✔️⁠ ⁠Help us make the show better. Please take this short survey.⁠⁠ 📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠send us an email⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 💵 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Start your free budget today by downloading the EveryDollar app⁠⁠⁠⁠⁠⁠⁠ 🎁 ⁠⁠⁠Lowest prices of the year—don’t miss Cyber Monday gifts as low as $3.99!⁠⁠⁠ 💻 ⁠⁠⁠Find out where you stand with your money and get a free plan⁠ ❤️‍🩹 Get trusted insurance coverage that fits your budget 📘 ⁠Preorder What No One Tells You About Money today now and get $100+ in bonus items ⁠ Connect With Our Sponsors: Stop paying more and start shopping smarter at ⁠ALDI⁠. Amazon is making it easier than ever to find top gifts at amazing prices this season in the ⁠Holiday Shop⁠. Get 10% off your first month of⁠ BetterHelp⁠. Go to ⁠Boost Mobile⁠ to switch today! Go to⁠ ⁠⁠Casper Sleep⁠ and use promo code RAMSEY to learn more. Learn more about⁠ Christian Healthcare Ministries⁠. Get started today with⁠ Churchill Mortgage⁠. Get 20% off when you join ⁠DeleteMe⁠. Go to⁠ FAIRWINDS Credit Union⁠ for an exclusive account bundle! Debt collectors hassling you? Take back control of your life at ⁠Guardian Litigation Group⁠ Find top health insurance plans at ⁠Health Trust Financial⁠. Use code RAMSEY to save 20% at ⁠Mama Bear Legal Forms⁠. Visit⁠ NetSuite⁠ today to learn more. For more information, go to ⁠SimpliSafe⁠. Get started with ⁠YRefy⁠ or call 844-2-RAMSEY. Visit⁠ Zander Insurance⁠ for your free instant quote today! Explore more from Ramsey Network: 💸 ⁠The Ramsey Show Highlights⁠ 🧠 ⁠The Dr. John Delony Show⁠ 🍸 ⁠Smart Money Happy Hour⁠ 💡 ⁠The Rachel Cruze Show⁠ 💰 ⁠George Kamel⁠ 🪑 ⁠Front Row Seat with Ken Coleman⁠ 📈 ⁠EntreLeadership⁠ ⁠Ramsey Solutions Privacy Policy⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:26.2	Normal is broke and common sense is weird, so we're here to help you with your life.
0:31.5	From the Ramsey Network and the Fair Winds Credit Union studio, this is The Ramsey Show.
0:36.0	I'm Dave Ramsey, your host, Ken Coleman, number one bestselling author, Ramsey personality, and host of Front Row Seat, one of our more popular Ramsey Network shows.
0:41.5	He's MichaelO's today.
0:43.2	Open phones here at AAA-825-225.
0:47.5	Jack is in Little Rock, Arkansas.
0:50.0	Hi, Jack.
0:50.5	How are you?
0:52.3	Doing well.
0:53.0	Thank you, Dave and Ken. Thank you for taking a call. Sure. What's up? Yeah, Jack. How are you? Doing well. Thank you, Dave and Ken.
0:54.3	Thank you for taking the call.
0:55.3	Sure. What's up?
0:57.5	Yeah, so basically my grandfather had passed away about five years ago,
1:04.7	and he had left a trust to his three children,
1:10.2	and basically the way it had been set up is that after
1:16.5	my father passed away, um, I would receive a lump sum. Um, each of those, uh, each
1:25.5	sibling got a lump sum payment from that trust. However, for my dad,
1:32.8	he has been historically been bad with money and it was set up for him that he would receive
1:42.4	payments annually in the trust.
1:46.3	And then once he passes away, I would receive the lump sum.
1:51.7	And after this, he is basically saying that he wants to have me sign a document that releases the trust to him, and he plans to
	...

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