Red Pill Wake Up Calls On The Dave Ramsey Show

[DocParticipant]

Stay sovereign brothers. Keep your powder dry, and your gold reserves under lock and key. Fortress style.

The object of life is not to be on the side of the majority, but to escape, finding oneself in the ranks of the insane. Marcus Aurelius

[Sky-OParticipant 18936]

Eric from California

‘My Wife Doesn’t Want To Pay Off Debt’

[Sky-OParticipant 18936]

Christopher from Virginia

‘My Wife Wants To Get A Master’s Degree Then Be A Stay At Home Mom’

[Sky-OParticipant 18936]

Tom from Indiana

‘Wife Has Spending Addiction’

[Sky-OParticipant 18936]

Nathan from Colorado

‘Wife Says I’m Being Greedy For Saving Money’

[Gravel PitParticipant]

thanks for the posts, Im going to indulge in some of these videos.

[Sky-OParticipant 18936]

Gravel Pit wrote:

thanks for the posts, Im going to indulge in some of these videos.

It is currently raining where I am at and I’m in a plane hanger with WiFi access.

As long as I am unable to jump out of planes, I can keep the Ramsey video links going in my continued series, entitled:

You Can’t Make This Sh*t Up

[Sky-OParticipant 18936]

Alex from California

‘My Girlfriend Is $100,000 In Debt And Not Working’

[Sky-OParticipant 18936]

Walter from Texas

‘Fiancee Has $130,000 In Student Loan’ Debt’

[Sky-OParticipant 18936]

Bob from Florida

‘Wife Will Not Budget’

[sidecarParticipant 35837]

Sky-O wrote:

[Note: He can’t secure half of it in a divorce because it is in a trust fund]

What if he’s the sole beneficiary in her will? Assuming she has a will.

Not advocating. Just saying.

[Sky-OParticipant 18936]

sidecar wrote:

Sky-O wrote:

[Note: He can’t secure half of it in a divorce because it is in a trust fund]

What if he’s the sole beneficiary in her will? Assuming she has a will.
Not advocating. Just saying.

I’ve been with wealthy women. And I have a couple of family members that are very wealthy.

Here is the deal on trust funds:

They are specifically set up so that only the beneficiary (if alive) received money and has continued access to the funds.

That is the sole purpose of it (along with some significant tax advantages)

When someone is listed as a beneficiary after the person that set the trust fund up dies:

The trust fund is legally NOT an asset of the beneficiary.

If the be eficiary dies then the attorney handling it proceeds to the next level and starts distributing those funds to secondary beneficiaries listed by the deceased party (could be grandchildren or even charities that the deceased person chose)

But trust fund are not assets of the beneficiary. Cannot be transferred to a third party: such as a spouse. And furthermore, if the beneficiary were to for example, cause a car accident that kills five people – that person can be sued civaly and their personal assets are at risk but they will not lose anything from the trust fund and liens, levies or judgements cannot be attached to the trust fund because it still belongs to the deceased person. The money and funds are left ‘in trust’ (hence the term trust fund)

It is by definition and in the eyes of civil law (and tax purposes), a separate entity.

Now if the trust fund never existed and $1.8 million was simply transferred upon death to a beneficiary and that beneficiary was married to a guy then died and their was a will that left the husband the money, then yes, in theory he could get it.

But during my blue pill era, I knew (and banged) wealthy, married women. FYI: They do not have wills drawn up so that they can leave money and assets to their husband. They leave money and assets specifically to their children, parents and siblings. [In that order] And they do the same with life insurance.

[Sky-OParticipant 18936]

David from Arizona

‘My Wife Has Mental Issues And Can’t Handle Money Properly’

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Thaddeus from California

‘Wife Is Nervous About Cutting Down Our Lifestyle’

[bstoffParticipant 4865]

.

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Jason from Kentucky

‘Ex-Girlfriend Dumped $50,000 Of Debt On Me’

[ResidentEvil7Participant 9550]

I feel bad for Brady in the first video. He had a good thing going with a business for a long time until it went under. Then he got into crushing debt and to top it off, his wife is leaving him where he’ll have more major problems to live with. His wife showed her true colors: selfish, unsupportive, unfaithful, out for herself and disloyal and a gold-digger. That is just one example of why I refuse to marry or even be with women. I can’t commit to a lifestyle Brady is going through. I’m just afraid this guy will end up committing suicide because of the major load he has to take and the wife is with the kids trying to move on.

https://themanszone.webs.com/

[Sky-OParticipant 18936]

Andy from West Virginia

‘Should I Help My Girlfriend Pay Off Debt’

[ResidentEvil7Participant 9550]

Channing: Age 29 and is about $1M in debt and works for the government.

https://themanszone.webs.com/

[SpiderHerderParticipant 3766]

Schadenfreude ! So glad it’s not me.

But these guys seriously need to wake up. They may not do it, or they may join us in a decade or so, but they have to wake up !

Thanks for the links, man !

Stay safe, Sky-O ! Or don’t.

Do what you want, lol.

[Author]

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