He never said he won’t ever give them the money. He explained they are to young to manage that kind of money now, that’s it. Also you don’t know if the guys are even good a managing money at all.
@@rafaelcardenas515 It's just an excuse by him to get the $$$ back for his and his new wife's new home...didn't he said his new wife wanted them to take that $$$ and put it into a home equity project for them? Yes, he did. That 1st wife was a smart cookie. She knew the dad would screw the kids out of their inheritance once he met someone new. And the kids don't trust dad either in getting 1/2 of the proceeds when he dies. What is he complaining about?. Even giving the kids $200K each (25% of the house proceeds from the potential sale), he's STILL getting $400K himself for him and his new wife. Getting $200K can change a young person's life completely...in a good way. That's why the kids want the $$$ now and don't trust dad with the new wife.
It might make sense if we weren't talking about the marital primary residence. I would never give any ownership to my children before both spouses pass. You handle that with a will
I have seen at least twice that men remarrying after a divorce or death of their first wife and the current wife getting everything after the man dies. All of the money and items went to the current wife and HER children. So sad for my friends! And this was in two small towns less than a population of 800. One of the instances (talking about the third marriage)was the current wife’s second time as she did it to her second husband’s family. Special place in hell for these kind of people. The caller has unintentionally hinted at some red flags with this new relationship. His children are so correct in holding their ground!
If he had he would talk to his kids and put the money in a trust that pays it out for a first time home purchase or education or something instead of just trying to get out of it entirely. Gross.
Yea, $200k would just ruin these young adults life. God forbid they purchase their own home, pay off their school tuition, make some investments, get some breathing room. That would just be awful.
@@GDuncan8002 , their dad could invest for them to take Ramsey's Financial Peace University course to support and empower them in making wise decisions.
If I was him, and I was truly worried about their lack of maturity in managing the money, I wouldn’t sell the house right now. Are they even all on board with selling? Does he have the power to make that decision on his own? The girl is still in high school, is she supposed to just figure out her living situation right after graduation, because dad is remarrying and moving away? That’s how you put her in a tight spot, and that’s how she ends up mismanaging 200k. Also, for the 21yo young man in Orlando, $200k won’t get him much in terms of a property there, either. So he needs a caring father to support him on how to invest that. Who knows if he is there just for schooling, and planning to return home upon graduation, so then he can make sound decisions in terms of work and living situation. Losing your mother to cancer at those ages is already hard enough. Losing your father too, over money and greed… That’s way too much to handle.
@@GDuncan8002there are accounts they can put it into where they can only take out a certain amount each year (at least in the uk). Also with the absolute insanity that is US school fees, I’m guessing if they are heading to college, that’s what they’ll use the money for. But at the end of the day, it was their mom’s wish to give them the money- they are 18. It’s not like every person who is older is responsible with money either- my mom is 65 and has blown through £140,000 in a few years.
He’s a grown man who cared for a dying wife and is about to lose half the value of his home to the tune of almost half a million dollars. Why are the grown children entitled to that? She pulled a bit of a swindle move at the end as opposed to actually setting money aside throughout life to leave them, which if that was so important she would’ve. It seems like she made an irrational decision near death. this guy is at a nearly half a million loss and now has to pick up the pieces and move forward and y’all are acting like he’s some evil a-hole.
@@johnathanlatman2507it wasn't his half. They both owned half the house. The mother wants her half left to her kids & not to him & his new wife. What's confusing about that for you?
She didn't make sn irrational decision. She knew it was very likely the husband would remarry bc he obviously has a 20 & 18 year old & many widowers remarry too soon. . The mistake she made was not putting the money in a trust till the kids were older. She knew she was dying & her kids were 17 & 19-ish when she died.@johnathanlatman2507
Smart woman ❤. I hope the kids don't give in, because it's clear their dad has been cheating on their wonderful, kind mother while she was fighting cancer.
@@home4life505 Yup, she knew she could manipulate him in a time of stress and used it as leverage to look out for her kids. Hopefully the kids told him to kick rocks.
In the beginning it sounded like he wanted to help the kids protect the money. Then he said “We want to carry this equity into our next house”. That means he just wants the money for himself. What a creep.
Imagine trying to screw your own kids out of money… awful. He has 400k to take into new house be freaking grateful. Some widowers don’t get that. If he wanted to help the kids protect the money, take them to a financial planner, talk about their long term goals and how this money can be put to good use. Don’t try to steal it 😂
I don't really understand why Dave didn't confront him. I mean sure, he doesn't know for sure if he wants good for his children or just wants their money, but when this was mentioned, he could at least say that hey, that money is your children's, you can't move out of state and use it for another house. If you just want to save them from early big money, convice them to put it in some low risk investment until they are 25 or sg. Now I only see a widowed man remarried in 1,5 years, wanting his dead wife's piece of equity in their home taken back from his children to use it to buy his new house with his new wife in the sake of looking after his children. And I see two adults with some equity from their dead mother that their dad wants to take away saying they are not responsible. Also, if the children called with the same story, I think Dave would roast the dad.
The fact that he's getting married barely a year later, and moving out of state while trying to bilk his young kids out of $400K tells you all you need to know about him.
It is soon, but doesn’t mean he’s a cheater. Some people need a support system and can’t be alone for long. Other people need time alone to process. Some people are ready to marry someone after a few months, some people take a long time. I don’t see a cheater necessarily. But I don’t like him wanting to go back on his late wife’s dying wish that he already agreed to. That being said, he shouldn’t give away 1/4 of his home before he passes away. Technically they should be getting the legacy when both parents have passed away. But that was his screw up, and he has to live with it.
The mother gave her portion to her kids so he has no say in the matter. I would give them the option of setting up a trust in their name to slowly dole the money out or as a down payment on a home or giving it all to them at once to blow. Let them understand that if they blow it to not come to you for money ever again. Hopefully the kids are smart enough to not give this guy control of their money.
Mom was the smartest. She took HER 50% and gave it to HER children- 25% and 25%. Very fair. I wouldn’t want any new wife or her new children coming to take from what I worked so hard for from my 2 children either. Why isn’t dad satisfied with his 50%?? The other 50% belong to his adult kids- not his new wife. Disgusting.
Well usually when you’re the breadwinner and pay for the entirety of everything and this home is built on your blood sweat and tears, being “happy with his 50%” to the tune of a nearly half a million dollar loss isn’t as easy as you make it sound.
@@johnathanlatman2507he never said that he paid for the whole thing, just that he was the nerd in the house and finances "weren't his wife's strong suit". For all you know, they had a 50/50 marriage and there was no "breadwinner"
Or get a court to do it, he kept saying " I wasn't in my right mind" . His lawyer probably told him he can't get out of it and he was hoping Dave would tell him different.
What mom doesn't know is that the money will be gone in a heartbeat. She made a terrible decision. She should've said they get the money when they are 30 AND the kids NEVER should've been told about it because they will then live their life knowing they will get the money. Dumb!
@@Richlucch No, he and her built equity in that house together, and mama, the really smart cookie made sure it went to her kids instead of the new wife, even if they blow it who would you rather blow your money, your kids or hubby's new wife?
Though not a Mercedes, just they security of a home. New wife gets it, and the father in his "new life." Children of suffering woman, now in earliest adulthood, get to feel shame and awkwardness if even visiting. What an appropriate addition to their recent loss. But here is another question, how frequently does such as this play out? And would the children actually have been better off in 14th century, plague-ridden Europe. Destitute yes, but no expectations and no betrayal.
Not a Mercedes. A new house that they want to “carry the equity into”. He flat out stated it and the fact that he was allowed to slide and not get called out is DISGUSTING
@@Burlykim13 Absolutely! He wanted to take the money his wife left for her kids and buy a bigger house for his new wife. He may have been worried about the kids squandering it, but he wasn't intending to teach good stewardship and finance...he wanted a bigger house!
Kids lose their mom at a young age and then the dad decides to move in with his side chick and give everything to her. Boy this guy is a real piece of work. His deceased wife was smart and knew his ways
@@LeesaLilHop Yup, adults with 25% each because their mother love them and took care of them, something that their father is not interested in doing. Let his new wife put up the remaining 50% for the house.
Yes but his kids have nothing to do financially with that house. Did they help pay the mortgage or pay for anything associated with the house? Most likely not. The guy is kind of dumb for agreeing to that, but the kids sound more money hungry than he does. I do agree with Dave that he gets a prenuptial with his new wife so his kids inherit what essentially his deceased wife wanted when he passes
@keny46 kids didn't make the decision, mom did. She can give her money to whomever she wants. She probably suspected he was cheating before her death. We are all speculating but dad screwed up and signed the paper
@@andrewatkinson3700I'm guessing their mom, his wife, knew him well that he would have cheated their kids at the end anyway (assuming here if he dies first than his new wife), because look at him now showing his true colors talking to lawyer how to get hands on their inheritance not once saying "yes, good idea making a will" nor asking Dave how can I assist my kids in managing their money to the best advantage for their future. And another red flag, not once he said having a great relationship with his kids was his priority.Btw, he is getting married to a great gal and they are having a long distant relationship. OMG.
@@keny46he probably had no choice half clearly belonged to his deceased wife and she gave it to her kids. I’m sure there was nothing he could do to stop that! So he waits till she dead and tries to swindle the kids! Sad
I think the deceased wife knew something was up with the husband, hence she wanted this quit claim deed in place to protect the kids. Smart. Bless this woman
@@FreeSpirit47 It's too late plus it's even a worse idea to have it go with the dad and the new women in his life who didn't contribute to this family to this point! Simply teach your kids the money worth. Have them use it to go to college and invest or get a condo! With that kind of money they are off to a great start in life when they get some help of how to put it in use but that only works when the dad tried to actually teach them for their sake. It's bad enough to lose your mother so young. It's a huge betrayal when the dad wants to ask for that money back
The guy sounds so unattached when he was talking about his dead wife, like a care salesman listing off the features of a car he wants to sell you. I did not hear a shred of emotion in his voice. It's like he going down a checklist and saying all the "correct" things to get Dave on his side. He honestly sounds like a bit of psychopath who can talk like a regular human, but can't fake the emotions that a regular human would feel. I agree that he was probably seeing this woman while his wife was dying. She knew and instead of confronting him, she got him to agree to this arrangement to make sure the kids would get something before the new girl bleeds him dry.
My Father did that to us. We were promised the house when he died. Of course, we never saw it and our stepmother got everything. . Kids keep the money.
His wife died from brain cancer a year and a half ago and he's already marrying someone else and backtracking on a promise he made to her for her children?? What a gem.
💯 i thought maybe i heard the call wrong n she might have passed away some time ago. A yr n half n ur already remarrying!?!?!?!?! WOW!!!! So much for all the "nice" things he said about her.
You guys don't know his story. No one can say how love goes for another couple. Stats say happily married men remarry after being widowed much faster than happily married women. Perhaps they know how to trust and love deeply and seek to have needs met with another good woman -- that's no sin. Perhaps men and women are different. Perhaps all individuals are different. His new wife may have some input, but it wasn't evident in any way by his call. And anyone with kids knows money can throw them for a loop. Maybe hold your judgement.
@@dacianbonta2840 so that is obviously what mom didn’t want her hard earned life spent on foolishness possibly to her children’s demise have you no wisdom?
These "kids" are adults. The youngest is 18. This man dated and married all within 18 months, he knew exactly what he's doing. Going to give the new woman all the mothers money. Mom well done.
This guy says oh I want to use the equity in this home to buy a new home. This guy is a loser. He could be giving an 18 and 21 year-old their college completely paid for or if they already have scholarships that is one healthy down payment on a starter home for them, which that is what he should tell them you and your brother are getting 200,000 each money. I will hold onto it for you. They’ll be used for school and what you don’t use for school that will be your down payment for a home then he just set his kids up for successwith a home that’s almost paid off
Honestly it makes no sense to me and odd. It isn't "protecting them". They can take care of themselves and most normal people will support their adult kids in many ways however they feel the need. I would never deed over nor write a will that deeds a marital primary residence to children before BOTH spouses/parents have passed. There is no indication that the father doesn't want to pass on an inheritance, he just thinks it is a bad idea at a young age and while he still needs/wants use of the money/equity in his primary residence during his lifetime.
Kids “burdened with the weight” of inheritance from their dead mom? Who’s to say he’s not going to move on w this new woman and figures that the kids are grown & flown & on their own.
He actually said he wanted the equity to buy the new house with his soon to be new wife. I'm wondering if the new to be wife has been giving her soon to be new husband her two cents on the matter.@@chipdouglas9349
His new wife wants that money. Suddenly he is worried about the "lesson" which is his excuse to get his kids to give the money back. His wife wanted this and he agreed. Deal is done.
He said the quiet part out loud-we want to put that equity into our next house… . This isn’t about him being concerned about his kids getting a bunch of money. This is about him and his new honey not getting it.
EXACTLY! I'm surprised by how many people missed that part. Geez...he STILL would be getting about $400,000, even giving the kids their 25% share. How much $$$ does this guy need for his new house? You can buy a substantial house (the WHOLE house) for $400,000 where I live.
Both things can be true and both are totally normal. I would never expect my spouse to give up any ownership interest in our primary residence prior to both of our passing. I don't know anyone who transferrs any % of ownership in a primary residence before both spouses have passed. You write a will to account for it. its totally normal for a widow(er) to keep full ownerhsip and financial gain of a primary residence until both have passed.
@@chipdouglas9349In my mind, it’s disingenuous for him to call the show and act like he’s worried about how the kids will spend the money rather than just saying he now wants the money for his new life. People also have different kinds of arrangements they agree to when someone is alive and then change their minds when the person dies. That’s understandable. But best not to call the show and try to take everyone for a ride.
@@MzMiata How is it disingenuous? Both concerns are valid concerns and can exist simultaneously. He seems to be flexible on a solution. Most married people expect to have full ownership and its benefits of their primary residence until both spouses pass before passing onto their children. Most children have the same expectation in the average married family.
I understand what you are saying-that might be the normal course of things. But that is not what happened in this case, according to the call. He said that he and his dying wife agreed to give the children part of the equity in the home. Now he has changed his mind and wants all the money. That’s his business-unless he calls a nationwide/worldwide advice show and tries to convince the hosts and the listeners that he is simply watching out for the good of the kids by keeping the money. That’s disingenuous. And you can let him know the next time you see him. 😉
Sounds like they want to move, but yeah. Nothing good can come from fighting this, especially with a new wife and still greiving kids. Frankly, he should realize it's a lost cause without even calling in.
The fact he talked to his lawyer about getting out of it, just shows the kids EXACTLY where his priority is... and it's not them. Dead wife sensed it and guaranteed his selfish ways wouldn't make the children suffer.
@@colleenduffy1139 frankly, the fact he even thought about going back on his promise and tried to convince the kids he was in the right... is the most disgusting immoral thing I've heard in a very long time.
"I don't understand why my kids don't want to let me take THEIR money so ME and MY NEW WIFE can have a better life." I think the wife had a feeling the kids needed to be protected after she left... wish she made a trust instead for the money but her instincts seem right.
Yeah agreed! I am totally questioning this guys ethics and morality.. it sounded like he and his new wife wanted the additional equity for their new house / life, and the.. oh I’m concerned about what the money will do to my young kids is just an excuse.
You both gave this man a lot of grace. His wife essentially left the kids her half of the house. The money is theirs, not the caller's. Saying "give me the monry now and I'll give you more in 40+ years" is a terrible "compromise".
@@az21bob666 Yes, it was. Half of the house belongs to the spouse. Had the mom not done what she did, half of her share will go to the new wife by law and the kids will get nothing. Just ask any divorce lawyer.
@@az21bob666 That was why the wife signed a quit claim to give her share to their kids. So in this case, it was hers by law whether she contributed to its purchase or not. It depends on the scenario here and the husband even admitted that his lawyer said so as well.
I hope the kids listened to this, read the comments and DID NOT sign their rights to the money over to their father! Dave is usually spot on with his advice but he blew it on this one.
I keep hearing they are too young to have that amount of money, but to me that’s a good amount to be able to attend college and get a masters without having to work and worry about housing and transportation. What a great set up to start your adult career/life without the added stress! I would be so thankful to mom!
Mama knew that whoever he loves in the future he will love more than his kids. She’s now their Angel looking upon them having saved her portion of the land for them. What a heart of Gold!
That mama was really thinking about her children. That's what a loving mother does. She knew full well that if he remarried, either all the money would get blown before her children ever get any inheritance. Or he might die first and a practical stranger gets everything she worked for her entire life, and her kids get nothing. She did the right thing, for sure. So sad she's gone, but her children can have some comfort knowing they were her first priority.
I bet if daddy died mommy would have kept all the money and the kids would have seen nothing until mommy passed. Then they would likely find out that she reverse mortgaged the home and that there is little to nothing left.
@@apersonontheinternet8006 she likeley wouldnt marry 18months after. the sleeze ball had a side chick while his wife was dying, the bastard. Great mother. Her kids will get that money
What an amazing woman his wife was. She knew EXACTLY what type of man her husband is and with her dying wish used it to protect her children's future. What a saint. It's one of life's great mysteries how such great women end up with dogs like this man
If he was actually worried about them having the money early, he would try to get them to put the money in the trust for themselves instead of giving it to him so he can move on with a new woman. Good job mom looking out for your kids.
I had almost the same thought as you, except I was thinking the kids take the money and max out their Roth IRAs, 401k, open a 529 education plan, etc. Any funds remaining could be used to open a regular stock mutual fund as a placeholder on a future home down payment. Lastly spend a couple thousand to honor their mother, like a trip to the mother's home country or exotic place she longed to visit but never could.
He talked about his new brand new relationship before he talked about his kids 😒😒 you can hear in his voice that he’s more upset about not having access to the money than he is worried for his children.
Correct. Have the kids put it in a trust where he is the co-trustee, and his relationship as co-trustee expires when they turn 30. He helps manage the money, make good financial decisions with it, and at 30 years old, his role expires and they either learned the lesson or they didn’t
That was a smart Mama. She covered her babies. Principle AND character IS THE POINT. Honoring his dead wife’s wishes as he agreed to IS THE POINT. She is the one to help him build that legacy. Not gambling with his kids money to buy a house for another woman that may not be as invested in a good legacy is A MAJOR POINT! Dropped the ball on this one Dave.
Protect your children from the stepmother. Stepparents are notorious for siphoning children's inheritance. Don't steal from your children. This is THEIR inheritance. Protect your children from your second wife. Why do you need a second wife, anyway? Remarrying so soon is so hurtful to children. And to add insult to injury, you're trying to steal their inheritance. This will destroy your relationship with them. They will have lost both parents. That's awful. If you're really worried they will be irresponsible with the money, advise them on how to invest the money. But don't steal their money.
As an adult child who lost mum to early, my heart goes out to those two kids. Basically this 'father' is saying their mother's wishes were wrong and he values the relationship he had with their mother less than he values the money. He clearly places zero value on his relationship with his kids. Sounds like mother knew exactly who her husband was, greedy and would disinherit their kids in a swift heartbeat. Would love an update and hope the kids are doing well, clearly the wrong parent was taken away from them.
The wife was so smart.. she knew he would remarry immediately and all the work she put into the house would be gone and going to someone who doesn’t deserve it… she gave her half of the house to her kids. Kudos to the mom 👏 dad and new wifey can suck it. I hope the kids will know to buy their own house with that money!
What a terrible call. Dave suggesting that the kids sign over their rights to half the current house in exchange for 100% of dad's new house upon his death (possibly decades from now) is just bizarre. They own half the house. If they wanted to they could demand the equity right now, forcing a sale if dad can't afford to buy them out. What kind of parent would try to steal money from their own kids who've just lost mom or dad?
And they're still so young.. Daughter 18, son 21.. I feel for them, especially the daughter, doesn't sound like dad was much of a support after their mom passed.
My grandma (Dad's mom) died when my dad was 19. My grandpa toiled for years to build a financial legacy for his family, and after his wife died, he grew incredibly lonely. He married a woman within a couple years of his wife dying due to how lonely he was. This new woman was a "pot stirrer" and brought a daughter of her own. This daughter always had her hand out asking for stuff from my grandpa while his kids never did that. After my grandpa died, his second wife took his legacy and moved to be closer to her daughter. Thankfully, my grandpa's children are all self-sufficient, but it's sad to see the legacy my grandpa built for his first wife and children now being squandered by someone who has severed all ties with the family and given to someone who has always had her hand out. This guy's wife wanted to leave a legacy, and now it seems like the new wife wants that legacy to be her property. People need to remember that their families take precedence over their new fling.
If he was truly concerned about his kids blowing through the money he would sit them down with a reputable financial advisor and talk through the options of what to do with a large lump sum of money at a young age.
Why isnt Dave suggesting putting kids portion in a trust that manages the kids money - they get it but it’s paid out in increments from the trust. I think the mom knew there was issues with the husband. He also doesn’t mention other assets. Did she have life insurance? A previous inheritence? I’ve seen many adult children jilted financially in similar circumstances. And also note the kids do not currently live near their Dad . They are 18 And 21. That tells something about the relationship here.
My parents both passed away when I was little, and I received the life insurance money they left me when I turned 18 (about $150k). I still have that money in my investment account and it has more than doubled now after 10+ years. Not all 18 year olds are going to spend away a big chunk of money if they're responsible especially if it's their mother's last gift to them. With a little guidance, they may even learn to build wealth at an early age.
Sorry for you loss, Yes, windfalls are generally not good for any human, regardless of age, but I agree with you that the gravity of the gift from your mother (who clearly loved them dearly) would definitely tend to give pause to squandering the money. I hope the "Dad" didn't find a loophole, and they are being responsible as you were.
So sorry for your loss! 1) when I was 18 I opened a Roth IRA and invested $3,000 basically everything from working my first job as a hostess at an Old Chicago. That retirement account helps us buy our first home and is trucking along higher than ever before! 2) when my sister in law passed away we set aside SSDI and probate inheritance for our nephew about $30k and he received that when he aged out of guardianship at 19. I don’t know if he’s been responsible with it or not but it’s not our choice. We just wanted him to have something, a little nest egg, a small blessing from his mom passing to make a new life for himself. He can learn good and bad from it on his own.
This whole call is suspect. I don’t believe this guy‘s intent is to protect his children at all. How you move on when you move on is your business but you made a promise to your late wife and to your kids honor it.
This man has NO integrity at all. I’m surprised Dave didn’t immediately see straight through him. It’s utter nonsense that he thinks it’s too much money for his kids to handle - he simply wants the money to set up his cost life with this new woman. The poor deceased Mum was onto him. Thank God she left her half of the house to get kids before she died.
@@LOUBAT1 The Ramsey network usually gives widows the benefit of the doubt. He has no out legally its a morals ethics question. For all we know they guy might be right his kids cant handle it but they are adults, they get to make their own mistakes.
I'm 95% sure mom talked to those kids and told them about her plan. She more then likely told them there dad has a mistress and I'm curtained she told them how to manage that money when dad wasn't around. Good job mom thanks for looking out for your kids.
@@ekl2947 You try to tell an 18 year old not to buy a $70k car just because you have the money in the bank right now. Try and tell a 21 year old not to waste their money traveling and put it into an investment portfolio so that they can reap the benefits in another 15 years. Isn't it weird how any time the man dies first everyone still has to wait for mom to die to get their portion of those assets because "she needs the money, how is she supposed to live" yet when mom dies and leaves the kids money she is "just looking out for the kids"? Women - "Whats yours is ours and what is mine is mine".
If I’m one of the kids, I’d never sign. There are serious red flags with the new long distance wifey-to-be. She certainly has influence power over their father, and she’s intruding on their family legacy. Weather she realizes that or not.
@@colleenduffy1139 lets be real here, sure there is a possibility that the new wife has nothing to do with it, but the odds are way higher that the new wife would prefer to have an extra 400k to begin their new life with and she is encouraging him to try and get it back. this is a tale as old as time, a guy gets divorced or remarried after a death and the new wife bleeds him dry and the kids get nothing. the pervious wife knew there was a chance of this and she was wise to get him to transfer her half of their networth over to the kids.
@@colleenduffy1139 Agreed and people are questioning why he thinks they are too young. ie he said straight up that HE WANTED THAT MONEY TO PUT INTO A NEW HOUSE WITH HIS WIFE. A women he is marrying only 1 1/2 after buying his wide AND dating via aa long distance relationship. So ya - no one is blaming the new wife but people are seeing red flags.
His new wife made sure he quickly sells the house because anything they buy with that money while married will be hers also, and not the kids'. Definitely not stupid like this guy.
I hope the kids inherited their mom’s intellect and refuse to sign. As someone else pointed out, this could help his son with a great down payment and his daughter pay for college expenses. It sounds like the kids don’t like how he’s moving already and they’re right to think that.
This man is a bad guy. He’s got a new piece and he’s trying to live a better life now that the first wife is dead. The house is worth sooo much and if he remarrys (like he wants) he doesn’t need to sell it. That’s ridiculous.
He’s obliterating the life he and his wife built. The kids’ family, home, and foundation will be gone. It’s heartbreaking. He doesn’t care about his wife, their children, and holding the family and the home together. He just wants to go on to a new life for himself in greener pastures.
Exactly.. he said he wants to use their portion as a down payment on a house in Atlanta. I think Dave may have missed that comment since he didn't challenge him on his motives
@@georgewagner7787 he doesn’t, he is totally wanting to keep the money for his new life. He said as much when he talked about wanting the equity for a new house,
Exactly why is he in such a rush to sell? I agree 18 and 21 is very young to manage 200k especially while managing the emotional strain of losing a parent and then potentially your family home cause your dad got a “new piece”. If he’s truly concerned about protecting his kids inheritance then don’t sell at this time.
yeah idk why dave is thinking the kids will get 100% of everything even though the dude is getting remarried and she will likely get a large portion, or if he doesnt get a proper prenup she could divorce and take half. the kids mother was wise to get half of her lifes work transferred to the kids.
@@mkwyche I think Dave did call him out, subtly, when he told him to get a prenup. Notice how the guy didn't exactly agree to that idea. As soon as he said he was getting remarried, it was obvious to Dave and everyone else what was really going on here.
This has NOTHING to do with principle. The new wife wants the $ and the caller is using concern for his children as an excuse. If I were his children, I wouldn’t sign either.
I don't know if they weren't paying attention, but he said he wants that money in the equity of his new home. That's the motivation right there. He doesn't give a crap about his kids, he just doesn't want a mortgage payment. I understand why they didn't call him out on the air, but it sounds like this dude's being unethical as hell and his kids probably don't trust him at all with that money.
The kid's mother is rolling in her grave watching their father lining up to give it all away to another woman with her kid getting nothing. I'm glad she was wise enough on her deathbed to protect her kids before her passing.
Ok after reading these comments I'm so relieved I wasn't the only one who got D-Bag vibes from this guy!! I couldn't believe how compassionate and understanding Dave was with him!! If his kids ever read this - I am so sorry about your mom's passing, she was an incredible woman and parent to put her children first. Unfortunately your father is not that type of parent and is trying to put his new woman before his children. You do NOT owe your father anything! Take your mother's blessing, move away, be wise with the money, and keep that toxic man at a very long arm's length. Praying this man gets right with God and learns what's important before it's too late.
I’M questioning the motive behind him wanting to do this. $800k and 50% goes to the children right after the sell of the home. Why do you have to sell the home now if you’re concerned about them not handling the money well? Does it have anything to do with you getting married and moving away with your new wife, a year and a half after your wife(their mom) died from cancer? OF COURSE IT DOES. You don’t even want to do what Dave suggested because you know you have ill intentions towards this entire situation. Give them their portion and call it a day. Realistically it was their mom, deeding them her portion of y’all’s current net worth.
😂😂 this is sooooo new wife speaking… I can almost hear her voice, ever so sweetly, protecting his children from the ‘burden’ of having this money… also, long distance relationship ? 🤦♀️
Did this guy really just call in asking if he was morally right to take his dead wife's portion of the house, that he promised to give to his children, and instead spend it on a new house for his new wife?? Sounds to me like the mom knew what she was doing...Putting the money into a new house for him and his new wife is NOT protecting them. That's ensuring it goes to her when he dies.
The guy tipped his hand and Dave didn’t catch it. He said he wanted to use the money as equity on the new house. That’s his real motive, not having to go back into debt on a new house with a new wife
Dave he’s not buying the new wife a Mercedes. He’s buying her a expensive house but you didn’t listen! 🤦🏻♀️ The guy is a jerk! He’s NOT a “man of principle”
The kids lost half of their parents, therefore they are owed half of their parents' wealth. The mother knew 100% what the dad was like and made plans in stone to see to it that they were carried out. That's premium mothering right there.
That’s not fair- the mother’s half belonged to those kids. With our a will and prenup, the new wife would inherit everything and HER children would inherit everything.
@@monicawozniak7771 Without a will, the kids would split 2/3 of his assets. The house would pass according to its title. Transfer on Death documents at banks and brokerages would control those assets.
@@monicawozniak7771 Yes, because it’s likely the two of them would hold title together, and he’d die first. New wife gets the house and leaves it to her own family. Typical.
He never said he won’t ever give them the money. He explained they are to young to manage that kind of money now, that’s it. Also you don’t know if the guys are even good a managing money at all.
@@rafaelcardenas515 So what? It is a classical story where a man meets a new wife and all of a sudden wants to keep his money. Unbelivable. I would understand if he would want that money invested in for example real estate, that they would own and get the income from it so that they don't spend it unwisely but taking money back from them? That is honestly disgusting, atleast in my opinion, especially since that is what his wife wanted to be done with the money.
@@bohemiancasanova5538 That’s how you misunderstood it. He DOES NOT want to take the money from them. They just want to give it away NOW. He truly believes they are not ready yet to manage that kind of money. He never mention a word of giving that money later.
That 400k would pay for the kids college and still have some left over to have a decent start in life. Sounds like mom did the right thing. I wish I were in that position at 18 or 21.
His wife wanted to do this for their children. She wanted to ensure her children received her half of the estate. It's a done deal. I hope the kids honor their mother's memory and follow the Ramsey plan.
Did anyone else notice how the guy didn't react to possibly damaging his relationship with his kids by doing this? Like at all? Seemed completely absent when Dave pointed this out, he was only worried about the money being too much of a burden for the kids (sarcasm off)
I noticed as well. This guy has no intention to give this money to his kids now or in the future. He is not worried about the relationship in any way. He's totally focused on the new wife.
Bingo he was completely silent after that part. Dad wanted an extra 400k to get a new house with his new wife. He all put slipped and said something about wanting that equity for the new home/life. Mom literally protecting the kids from the grave.
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im glad everyone here realizes whats going on... the new wife has her claws in him and she wants him to sell everything and move across the country to buy a new mansion with her. you wouldn't go back on your wifes dying wish because you think the kids may not use the money wisely. anyone with an IQ over room temp knows the new wife just wants an extra 400k to have for a new house or whatever and she is fine with him destroying his relationship with kids that she doesnt care about in an attempt to get the 400k back for him and her.
Don't blame this on the new wife - we haven't heard from her. This man is the one who is choosing the new woman over his children. He's the one calling for advice.
I have a suspicion that the father has alterior motives. He gave up title for the right reasons and wants it back for the wrong reasons. His deceased wife knew this would happen.
Wow, what kind of dad he is. Instead of worrying how his kids handles their future finances, he should be worrying about how to protect his asset from someone he just knew for less than two years.
He said, he wanted to take all the equity from the old house to the new house with the new wife in Atlanta (4:10). This doesn't sound like him thinking kids can't handle the money its more like him wanting all the money for the house with his new wife...It seems the caller is a little bit greedy.
Your wife just died and you ready to move onto next marriage? I am a divorced man and for my kids well being, I haven’t even date anyone for almost 3 years now. Come on man! Take care of your kids!
As a MOTHER if I work my whole life for a home, and tell my husband to leave MY 50% to our biological children, now I know to go through an attorney! Of course his children are determined- because they don’t trust some random stepmother!! Wow. Men are so selfish.
Oh this is a classic story. We had a workmate like this. Worked all her life to get a house, save money and get insurances. She died of cancer too. She left all the money to the husband, he remarried less than a year, sold the house, got all the inheritances. Children were left broke. Ladies always think of your children and leave something for them. Your husband can work for himself, just leave him a portion or something.
