"There's A Line Of Crazy Running Through This Conversation"

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 12 July 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.7	So my husband and I are expecting our first baby in a few months.
0:11.0	Yay!
0:12.2	Yes, thank you.
0:13.8	We are renting in Los Angeles, and our mother-in-law, his mom, currently lives with us.
0:21.0	So I'm just going to preface with that.
0:23.7	My husband's grandma has offered to buy her daughter, so my husband's mother, a house in our name, so that she is not docked by her unpaid debts from the IRS.
0:42.3	And so my question is, is this relationally wise, I love my mother-in-law, she's incredible,
0:50.3	and if it is, what do we need to have on paper to kind of help sort the situation out where
0:58.0	it's not unwise for us later on?
1:05.0	So you're not going to live in the house?
1:08.5	We are.
1:09.5	So we would, she'd buy it in our name and we would live in the house. We are. So we would, she'd buy it in our name and we would live in the house and the mother-in-law
1:15.7	would live with us.
1:19.1	Is she in poor health?
1:21.6	She's not in poor health.
1:24.2	Okay.
1:24.9	This is an ongoing.
1:26.1	You're going to take care of her for the rest of her life, though.
1:28.1	She'd live with you forever.
1:30.8	My husband and I agreed that that would probably be the case, yes.
	...

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