This Is A $200,000 Mistake
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 3 September 2024
⏱️ 9 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.0 | I really have no approach. I know nothing about what to do, how to handle this situation |
| 0:12.0 | that will be coming in the future. |
| 0:14.0 | Okay. |
| 0:15.0 | My parent, they have roughly $700,000 in the bank, no debt, a 10-acre farm, and a house. |
| 0:25.7 | I am the only biological child to my father. |
| 0:29.8 | My brother and sister are stepchildren to him. |
| 0:33.6 | Upon conversation with my dad, there is no plan in place of how the money will be dispensed |
| 0:41.3 | or the farm the house other than my father says well when i when i leave this world the assets the |
| 0:49.8 | money everything it'll go to your mom she can do whatever she wants with it and then when she |
| 0:53.8 | leaves the world it goes to you, Garrett. |
| 0:57.0 | The home and the farm are deeded to me. |
| 1:00.4 | They have a, I think, you know, they can live there while they're alive, but then when they |
| 1:04.5 | pass it, it's mine. |
| 1:06.1 | When did they do that? |
| 1:08.8 | It's been about four years ago. |
| 1:11.7 | Yeah. |
| 1:12.4 | So this whole situation makes me very uneasy. |
| 1:15.4 | It's a lot of money, and I just don't want a sibling rival. |
| 1:21.0 | Yeah, I agree. |
| 1:22.1 | I don't know what to do. |
| 1:23.3 | So were your stepbrother and sister raised by your father? |
... |
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