"My Dad Wants To Trade My $250,000 Trust for $5,000"
The Ramsey Show Highlights
Ramsey Network
4.5 • 838 Ratings
🗓️ 17 December 2025
⏱️ 8 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.0 | Basically, my grandfather had passed away about five years ago, and he had left a trust to his three children. |
| 0:17.0 | And basically the way it had been set up is that after my father |
| 0:25.1 | passed away I were to receive a lump sum each of those each sibling got a |
| 0:34.9 | lump sum payment from that trust. However, for my dad, he has been historically |
| 0:42.5 | been bad with money and it was set up for him that he would receive payments annually in the |
| 0:52.9 | trust. And then once he passes away, I would receive the lump sum. |
| 0:59.6 | 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 spend the money. |
| 1:17.6 | And he's threatening me by bribing me with $5,000 up front. |
| 1:29.2 | $5,000? |
| 1:32.3 | How much is in the trust? |
| 1:35.5 | From what I understand, |
| 1:38.1 | whenever my grandfather was still around, |
| 1:48.2 | I believe his portion is between 250 and 300,000. So you're going trade he's asking you to trade three hundred thousand dollars for five thousand bucks from what it seems he has said that |
| 1:55.7 | he wants to take that lump sum and he wants to renovate his house because he is 63 years old. |
| 2:06.8 | He works as a lawyer and he wants to renovate his house. |
| 2:11.6 | He wants to buy a new car. |
| 2:13.7 | And he claims that I will have the rest of the money. However, with his historic run of dealing with |
| 2:24.9 | finances, I don't believe that there will be any money left. Hey, Jack, hey Jack, quick question. |
| 2:32.2 | You've used two words with us. You said threatened and |
| 2:35.8 | bribe. What does that actually look like? I haven't heard any evidence of that. |
| 2:42.5 | I would say it's definitely more so bribing. Him just throwing out one time he said, |
... |
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