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Glen James

πŸ‘€ Speaker
11284 total appearances
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Podcast Appearances

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

We've got a 500 grand mortgage.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Should we keep going aggressive?

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

That 250 in the scheme of his life won't move the needle too much.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

But if that inheritance was 10 to 15 million –

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Even if it was 8 million in total at the time and there's 4 million each, I just think we need to have an adult conversation, mum, and mum could live another 20 years.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

We know that.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

What's your plan with your estate plan now that dad's gone?

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think we need to have – what do you want to do?

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Do you want to do some charitable giving?

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

We've got a child.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Do we need to start having – because this is – people at me are like, well, no, it's an inheritance and all that.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

It needs to wait.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I get that, but I also live in reality.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

And if him and his sister are mature enough to know that they will get a portion of it,

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Mum certainly doesn't need it now.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think she's probably more than happy.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

And she doesn't have to do anything now, but I'm just saying that it just probably needs to be a bit more of a chat.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Yeah, and so my question to you is,

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think forget, you know, $7 million walking the door in 20 years or 15 years or 10 minutes, who knows.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Regardless of that inheritance, and even if mum wanted to give it all to the cat shelter and only give a million dollars each to each child.