'Your Son Is A Parasite,' Dave Ramsey Tells 65-Year-Old After Hearing She Plans To Sign A House Over To Him. 'He's Done A Horrible Job Honoring His Mother'

Core Insights - A Cincinnati mother seeks advice on resolving a long-standing financial issue involving a house purchased for her son and daughter-in-law, which has not been refinanced as initially agreed upon [2][3] - The mother is concerned about the implications of her ex-husband's potential nursing-home care on the property, which is still co-owned with him [3] - Financial advisor Dave Ramsey suggests a legal method to transfer the property without triggering a gift tax, but he criticizes the son's financial management and the original decision to purchase the house [4][5] Group 1 - The mother and her ex-husband bought a house for their son and daughter-in-law due to the couple's poor credit, with an agreement for them to refinance within five years, which did not occur [2] - The current mortgage balance is approximately $30,000, and the mother is considering using retirement funds to pay it off and transfer the deed to her son without incurring gift taxes [3] - Ramsey advises that a quitclaim deed can be used to transfer ownership and suggests filing for the unified estate-tax credit to avoid tax implications, but he emphasizes that this does not address the underlying issues [4][5] Group 2 - Ramsey labels the son as a "complete parasite" and criticizes his failure to manage his life effectively, indicating that the situation is fundamentally flawed [4][5] - The mother remains focused on the goal of transferring the house while minimizing tax burdens, despite Ramsey's warnings about the deeper problems [5]