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The Ramsey Show Highlights

My Multi-Millionaire In-Laws Refuse To Talk About Their Will

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 21 February 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by CHM, a biblically based alternative to health insurance.

0:06.3

Learn more at CH Ministries.org slash budget.

0:09.3

I'm looking for some advice on bringing up estate planning with my multi-millionaire in-laws

0:15.4

who are unwilling to have a conversation with my husband and I,

0:18.9

but state that he and his brother will both be

0:21.3

taken care of when they pass. How do we inquire so we know where the assets are in the

0:26.6

event of long-term care or they're passing? Wow. Man. Sounds like you've tried, and they're not

0:32.9

interested. So I'm not sure that there's some unique strategy we're sitting on top of, because it sounds like they're like, look, you're fine, we'll let you know when we're gone.

0:43.5

Sounds like to me.

0:44.3

Yeah, essentially.

0:45.6

Yeah, it said 50, 50, you know, it's just my husband and his brother.

0:49.5

And he said, you know, you're taking care of.

0:51.7

Let me ask you this.

0:52.7

What is it that you all want to know?

0:54.2

Let's just assume that they were like, sure.

0:56.7

What is it that you're looking to discover?

1:00.2

Well, mostly there are multiple properties involved as well as a business that my father-in-law owns.

1:08.5

And we have no idea because we're not in that specific field what we would

1:12.5

need to do in the event of, you know, potentially selling that or his passing. So yeah,

1:19.1

that's our major concern. All right. So that reveals the answer to my next question, Rachel,

1:24.0

was going to be why? Why do you want to know what it is that you want to know?

1:28.5

And it seems like you guys are trying to be thoughtful, strategic. Yeah, and how have the

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