"That's Completely Inappropriate!"
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- Опубликовано: 29 авг 2023
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The Father In Law was attempting to make sure the house did not get passed to the wife! In the event the husband dies, it goes to the son and not the wife. Otherwise she’d be entitled to it and he doesn’t want that. Smh
Bingo
Then the father in law needed to set up a trust, not to deed a mountain vacation home to a freaking CHILD. Plus, the father in law messed up because this was not an inheritance, it was a house that caller's husband gained when they were married. So it's a marital property. Plus if something happens to the husband then the spouse inherits the house, and now she's the guardian of the kid. Poorly, poorly, poorly thought out.
@@agjiosYeah that is what I was thinking. The husband's property goes to the wife before it goes to anyone else. Such a strange thing to do.
@@agjios The reason you don't deed property to minors.
He thinks he's smart. If the husband dies, the wife can take over and manage it for her kid in spite of things. She can mortgage it, sell it, etc. He needs a good lawyer who can prevent this or have another of his kids (uncles and aunts) be trustee over the kid's assets.
Your father in law doesn't trust you apparently.
He doesn't want her on it that's for sure.
The husband should be handling this not the wife. She is not on that title for a reason.
Well she's the only one who has a problem with this
I think husband was fine with it
Sounds like the father in law doesn't trust her....wonder why...?
It's her horrible cooking. Especially during Thanksgiving.
does not trust her ? what about his son ?
Because he worships Mammon and not Christ his household is a mess and being evil doesn't help relationship problems it just helps the devil win it's doesn't matter when you're dead your ego ain't worth much and you reap what you sow if you want to worship Mammon enjoy your eternity with him
@@lombardo141she might do something to him idk
This has nothing to with trust. Like how does this even relate to trust. Y’all love to reach to the moon and back. This giving it to make children to keep it in the family. Man think pls. Sigh
You can’t put someone’s underage child on a hook without parents permission
The grandfather was smart. Protecting the asset from his son’s wife. Now she’s pissed because she doesn’t have access!
💯
He is not smart….if the husband dies, the kid gets it , and as long as he is under 18, the mom has authority….so he essentially put his son’s life in danger
@@scarletlady3727 Grandpa was too cheap for an estate attorney, if we think the child’s life is in danger over the house then grandpa was really was right about the woman his son unfortunately married. Why is this a common theme..
Many States have transfer on death TITLES
Exactly!!! She's probably a problem!
"This is Hillbilly estate planning." You crack me up, Dave. lol
I'm dead! 😂
Never thought someone would call to complain that someone gifted them a house. He even paid the taxes on it? Sheesh! Hey I’ll take it.
She loves to hear herself talk 😵💫
This is a call that should have been made to a lawyer
So are a lot of calls in this show. A lot of them should also be to counselors. Are you aware that the Ramsey personnel decides which alls to air. I’m guessing they thought this call was good for the show.
Too late.
it's free to call into a Ramsey Show it's not free to meet with the lawyer you pay a fee just to meet to see if they will take your case LOL
I mean I really don’t see the big deal - it’s his family and he’s preserving his assets.
Wait till the parents have to pay taxes on the son's income and file tax returns for it. The trust would have been the better way to go.
I guess you missed the part where they agreed to put only the husband on it, but then the FIL put the son on it too.
@@masoquistaeo it’s his asset he does what he wants
@@masoquistaeo the problem with putting only the husband on it is if she kills him, or he dies, she will automatically get the property. This way, it goes to the son
Everybody who is not a liberal feminist understands
"No you're not you're just pissed at your father in law". Dave hit the nail on the HEAD! Exactly what was running through my mind. She presented her "problem", but there was no problem there; the only thing that happened was her son was given a house. That's a gift to your son, and lady it ain't none yo' business.
I’d get the father in law off the checking account
It sounds a lot like the old inheritance structure used widely in Europe for hundreds (if not a couple of thousand) of years called 'Progenitor'. The house, lands and contents are inherited from Father to son, even when women had a legal write to vote or own property (Pre-1870 UK). It's still used in wealthy families as a way of keeping collections intact and from keeping an undisturbed line though family property ownership x
Also used widely through Asian culture to this day. My wife’s oldest brother thought he was entitled to it all.
Sounds like grandpa doesn’t like this woman. He did this so she wouldn’t inherit the house. He went to some lengths to do it too
Maybe, but adding the grandson was unnecessary and overstepping
@@masoquistaeo 100% was! As a mom, I’d be going to visit him. You don’t do anything like that with someone else’s child.
She said it best, he wants to keep it in the family. It becomes marital property the second he gives it to his son.
Correct.
“Sell it” 😂 that’s the opposite of what grandpa wanted..
Father in law doesn't want her to get it.
2:35
The guy's face on the left when he looks at the camera 😅
Ah that was her plan all along, to sell her father in law's house and take the money and that''s why grandpa put the kid on the quit claim deed. I hope the husband has more common sense.
I thought only 18 year olds and older could legally enter into a real estate agreement of any kind
Yes. It would be thrown out in court if anyone made a claim against a 7 year old. The contract is voidable
Until he turns 18
The only way it’s possible is if it was given to the son on behalf of the grandson through a conservatorship or a trust. If it’s a conservatorship, the husband had to agree to that structure AND the grandson gets it right at age 18.
Either way this makes no sense.
My mom was mad when my dad put me and my brother as next in line on the family trust instead of her. It's solely about not being able to have power is why both the caller and my mom are upset.
Someone has given your husband and son a free house… why are you pissed again? 😂 he’s even paying the taxes…
The money-hungry wife wants to liquidate the house. If he had fears they would sell it and didn't want that to happen, he should have avoided giving it to them, altogether. He should have gifted the house to his dog instead.
I learned something coz i wanted to do similar for my now 10 year old daughter.
I will just set up a trust fund for her and make sure no one can gain access to it coz i know how greedy and selfish my family is that they'd drain it before she can even try to use it. She won'thave accessto it until after she's got a job at 25 and is a financially responsible adult with the help of a financial advisor.
Ramsey doesn’t understand. I’m glad he stated that and should have just left it alone at that. Old man doesn’t want the wife to have a chance to own the house.
I disagree with Dave. The father in law is taking care of taxes, the place is cash flowing, there is no debt... I think the father in law is awesome and this lady needs to worry about BS2. Woman is worried about her ego. This is a huge blessing.
This lady wants permission to liquidate someone else’s assets.
I don’t see what the problem is. Tax man doesn’t come after you personally for property taxes. They foreclose on the property if required. It’s free property so so what
Wondering what the value of the house is. Is there exposure to gift taxes, as the property was effectively gifted to hubby & son?
What's inappropriate about keeping the house in the family? I don't see anything wrong with this.
They bear the burden of costs if grandparents die. And could mess up the little kids credit.
@@lexalee5795 The house is paid for. All you do is paying property taxes. And that is being paid for by the rent.
@@jimmymcgill6778Family members as tenants are not exactly famous for paying rent on time
The grandson shouldn’t be on it without his parents permission
@@arh1234 Well these people are paying.
4 of us brought a trailer and 1 acre of land approximately 22 years ago. For family vacation home. The deed had 4 of us on it. 1 person is dead, mom has Alzheimer's dementia. The moral of the story is I love how they have the deed where the house automatically when to me and my sister. Selling for money to care for my mom.❤
The kids name make the house hard to sell and he also was trying to make it air property.
Hey I mean if the house is that big of a problem you can put it in my name, I don't mind and I can pay the taxes for it myself! 😄
It shouldn't be legal to put anyone under 18 on a deed or on a claim. No one who is a legal dependent - age, dementia, cognitive impairment, etc - can lawfully claim title to any asset.
Quit-claim the son off the property.
Not her problem… Relax‼️
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Have the 7 year old quitclaim to the husband. Then have the husband put it in a trust.
I was I had this kind problem of having inheritances.
There will be tax implications too since it's considered a gift instead of inheritance. No step up in basis upon the father in law's death.
Gift tax is a liability of the giver. Not receiver. The giver can count as part of their estate distribution deduction even before they die
@@steve-on3234He means the capital gain taxes when the son sells the house.
@@plamena9457 All they gotta do is Live in it for two years in the five years preceding the sale and Wala they get 250 or 500 grand of capital gains exclusion
@@plamena9457 I still wouldn’t turn down a free house even if I had to pay capital gains on it later. There’s no guarantee that if you wait till the father dies that he doesn’t will it to somebody else.
What about going over the $15,000
Gift allowance?
That's for cash gift.
This was a father gifting to his family a lot of older guys I know when they give a gift it’s all on their terms or not given at all
Hillbilly estate planning 🤣🤣🤣
Ohhhhh boo Grampa doesn't want your fingers in the house😂😂😂. He doesn't trust you. You are not worried about your child, you are butthurt that you'll never the chance to get a portion of it. I already see you trying to sell the house lol. She needs tell Grampa to remove the child's name if it bothers her so much.
Exactly. 💯💯
We can see through her. She's mad bc grandpa doesn't want her to have the house. It's his house and he wants to keep it in his bloodline. Her husband doesn't have a problem with it. Only her. 😂 She wants that house so she can cash out.
Minors may not own real estate.
Here in Canada if your Aren't 18 you cant have anything in your name legally lol.
The last one standing is going to have a giant capital gains tax bill due upon the sale of the home AFTER he pays a probate lawyer.
Granddaddy really messed up. This is why you go to an estate planning lawyer, first. Do it right the first time with a trust.
Fidelity accounts locked out
I hope you freeze your child's credit. If they will do this without your permission, I think they might do other things with your child's information. Check the child's credit report also, just in case.
I don’t understand how a seven-year-old got his name on the property. Legally he can’t enter into a contract.
Dave you are getting meaner as you age.
On the chain of ownership, I see nothing wrong with the grandfather wanting to keep the property in the bloodline. Taken on its face, that it leaves out the daughter in-law out is not personal - it leaves everyone not blood-related out, not just her. If the son, after receiving the property, decides he wants to do otherwise in his own will or planning, that is his prerogative. That the grandfather also put his grandson on the title rather ensures that the lineage will carry two generations, not just one. I suspect the caller is feeling left out for personal reasons, and may have issues in her marriage that she’s Munchausing onto her son.
There would be no son without the daughter in law. People really don’t respect marriage.
@@adrianmechelle3784 Expanding your reasoning, actually there would be no son without two people simply having sex. Marriage wasn’t relevant. Regardless, it nothing to do with the daughter in law. And everything to do with bloodline. Marriage is irrelevant.
Cray cray!!
Hi. Here’s a free house. Dave: They didn’t ask you first before they gave it to you so you need to give it back
The husband should title as
Married man, sole and separate property.
Wouldn't mesh with Dave's philosophy, but owning valuable land will keep the kid from getting student loans when he heads off to college.
Grandson didn't enter a contract to get the property, he received the property as a gift (age of majority not required). RECEIVING is fine, legally. Happens all the time, such as when both parents die. But the minor can't contract to sell it, or sign a deed himself, because he lacks the capacity (without a bunch of guardian ad litem/legal gymnastics).
I do wonder if father and son own equally, or father listed only as conservator/guardian of son. Ugly mess no matter what, but if the husband holds title, the wife has a claim, no matter what grandpa was thinking.
And a quit claim deed is fine for transferring WHATEVER INTERST THE GRANTOR HOLDS. If grandpa owns outright, then the quit claim deed is perfectly effective. Title companies would have no trouble insuring the transfer, with the appropriate title search performed.
I don’t know either one, but Grandpa might have been on to something cuz she seems annoying 😂
If I did a balance transfer at 0%....for 18 mos....should I kill my self paying it off in say 9 months ?? Or just pay off in payments over the 18 months since I will have 0% interest and not be charged anything?? Thanks!
@JTRUTH2025 pay it off as soon as possible...whatever that means in your case.
But, she would get control over it if after grandpa dies IF, her husband also died. The child would inherit the property with his momma his guardian. I wonder if once there is a quit claim.deed back to the father he, could then, add his wife to the deed. Yeah I am with selling it if they could.
Sell the house 🏡 instead giving it to the son he is to young and don’t know who he will become
its a bit disturbing to hear them talking over each other.
Your father in law obviously does not like you. lol!
Seems like got a untrustworthy wife hmm he doesn't want it squandered
He doesn’t want them selling it, or the wife being on the house. I’d tread carefully and let grandpa leave it how he wants.
Dave is so good
✝️🙏
Ohh man get him off that Deed immediately something similar happened to my husband which he had no idea 🤷♂️ comes out he owed back taxes on something seised all his bank accounts it was a hot holy mess thank god we had help In the family but yeah get him off of that deed immediately 😮
I don’t understand how he can just give it to the son without the son accepting it. Once he dies now the son is partly responsible for all of the taxes, liability, and upkeep when he never agreed to it.
I mean, the son could sell the place in that case. And he'd make money off of it... so it's not the end of the world
You are being gifted a fully paid house,- it's not like they are being handed a grenade. If it's too much handle,sell it. Win win.
Selling it while he’s still alive would be the wrong move. He may be aggressive but he’s still your husband’s father so you have to respect that. The son being on it probably isn’t that big of a deal since the parents can just take care any bills that come with it.
Get the son off the deed, sort out the deed, and sell the house. Resolve the deed on the downlow before listing the house. It looks like dad is trying to dump the tax liability onto someone else in the family.
IQ is a problem
tax liability?
How do you transfer a property in a way that it can not be easily sold by the new owners?
In a Trust.
@aolvaar8792 Can the trust members agree to dissolve the trust? What happens if everyone named in the trust passes away without heirs?
@@diggernash1 A Trust has a Trustee, it could be a corporation, attorney, the trust would have rules.
@@aolvaar8792 So, I could write a trust in a way that regardless of what happens to the Trustees, the Trust would continue forward. Can eminent domain be used to acquire property from a Trust?
No. Once the property is lawfully deeded - which it cannot be to a minor child or dependent adult - the new owner can sell it, transfer it or destroy it. The seller (transfer person, etc) has no lawful right to control property that is not in his name.
Quick claim deed it back to him and say no thank you, because it is a burden not a blessing.
Quit, not quick
Who is paying income taxes on that rent?
I would guess nobody. 😂
Dave constantly brags about how he’s the same way with giftgiving as this guy’s father . I’m going to give you a gift but it’s going to be my way or not at all. My dad’s the same way he offered to buy me new tires for my truck but it had to be the tire he wanted or not at all I chose not at all I will just get the ones I want
I would’ve just taken the tires lol
You probably wanted the wicked expensive top of the line unnecessary tires and your father wanted to get you tires that did the job but didn’t break the bank
@@drewdelaney4166 good guess but to my surprise most my vehicle were about in the same range 200-230$ . it was the fact that i wanted to order them to get what i wanted and my dad wanted me to get them that day(old ones bald) just whatever they had in stock very few options
Dave. You need to quit giving legal advice without a law license esp. when you don’t know what the hell you’re talking about. A quick claim deed is a perfectly valid deed if the person that’s the grantor has the correct rights
@steve-on3234 Dave "did" tell the woman that she and her husband should get a lawyer....that was bad advice?
@@Sheryl777 Yeah but then he kept running his mouth and basically negated that and started talking about quitclaim deeds with incorrect information
@@steve-on3234 ok
I'd sell that shit!
What this sounds like:
Father in law owes someone money and he transfered title on the property to keep them from putting a lein on it.
FIL is still collecting the rent and paying the taxes.... and put it in the name of a kid too young to know what the Hell is going on.
Um no. He doesn't want his daughter in law to retain the property in case of a divorce or death. She's probably already plotting the divorce and the father in law knows it
She’s pissed… rightfully so. Husband is a limp duck….
As joint ownwers, sell and give the kid 50% by way of a college fund?
Baby steps skip-to-my-lou..., but hillbilly life ain't always carved in stone
Love your show!
can they sell while underaged is on the deed?
@@ivanaliashkevich3671 That could depend on the particular state's probate, property, and child conservatorship laws, a lawers nest.
I can tell you a possibility down the road when the 7 year old becomes an adult......the husband may want to sell the home down the road and the 7 year old has become and adult and refuses to sell. Just because dad wants to cash out and sell doesn't mean the son wants to. This very thing is happening to my sister-n-law. My sister in law is disabled and needs to cash out and sell, but her daughter (whose been on the deed since being a toddler) will not agree to sell, leaving my sister n law broke, strapped for cash.
Yikes... that's pretty cringe.
What is it with these dysfunctional people? I mean if you could plan stupid on paper, stuff like this is what you come up with.
I usually find Dave's random supposed insight into a caller's life really annoying but it sounds like he nailed it in this case.
I think he usually nails it. 9 times out of 10
Annoying or not... he calls people out on their BULLSHIT. People tend to mistake his straight forwardness for rudeness.
@@Mary.andersen19he is never rude. Not even close. People aren’t used to hearing the truth anymore is all.
Maybe the husband should create an LLC and put the house in it.
Hillbilly Estate Planning! 😆
Never put a minor on real estate! You can’t do anything with it (sell it, mortgage it) without a court getting involved.
Intentional they can't sell it for another 11 years by the sounds of it
@@bobtailsquidand I think that was gramps intention
You literally cannot put a minor on real estate
Since her husband and son have received a quit claim and now own the home, sell it.
🤷🏻♂️
There's a lease in place...to relatives. 😮
@@rethinkcps2116 you can sell a home with a tenant. 🤷🏻♂️
She’s just complaining cause she has to pay off debts while something was handed to her son that she can’t liquidate. Greedy
1st
Real First
Sell the property right out from under him. Say bye-bye property.
Listen to her voice, she's gotta be pushing 70. How can she have a 7-year-old?? ( o.o)
She sounds like 35 or 40 to me.
Yeah she doesn't sound that old?
idk... maybe 57?? ish
Miracles of science?
@@Dan16673 yeah i figured... they must be really advanced these days ( -.-)
Do what? Fire a pregnant woman because she's not married? How bout pulling a gun in a company meeting? What, exactly, is inappropriate, Dave?!
huh
Two things that all American business owners have done.
Dave's hatred for his own family is showing.
yeah that's why he has his daughter working on the show.
@@lombardo141 That doesn't mean anything.
Nor does any of your comments@@jimmymcgill6778
You can put somebody on a deed without their permission? A minor?
Agreed this is a dumb way to do it. Why not just utilize a trust?
Also, if the deed is now in the son’s name… doesn’t he have the authority to remove the child from it?
he worships Mammon and not Christ his household is a mess and being evil doesn't help relationship problems it just helps the devil win it's doesn't matter when you're dead your ego ain't worth much and you reap what you sow if you want to worship Mammon enjoy your eternity with him