Close X

Dave Says: Teaching and Tough Love

Dave Ramsey - April 10, 2012

Thinkstock.

With two sons who are drug users who are irresponsible with money, we're not sure how to divide our will.

Dear Dave,

My husband and I need to update our will, but we’re not sure how to divide the money. All of our children are grown, including my three stepsons. The problem is that two of my stepsons are irresponsible with money and are drug users. Do you have any advice?

Colleen

Dear Colleen,

Typically, if you give money to a drug user they’ll use it for one thing: drugs. Your goal as a parent is to love them and teach them to the best of your ability. Buying their drugs upon your death doesn’t fall into either of those categories. There’s absolutely nothing wrong with you deciding not to leave them any money as long as they’re involved in this kind of activity.

If it were me, I’d have a reading of the will when the changes are made. Then, I’d sit down with the family members and explain why you’ve updated the will in this manner. Let them know you love them and want what’s best for them, but you and your husband have decided you’re not going to take a chance on funding any misbehavior on their part.

Make sure you let them know, too, that things can change if they change. They might be mad and fuss about it, but that’s okay. Let them be mad. It’s perfectly all right for you to attach stipulations to any inheritance they might receive, especially when it’s for their own good!

—Dave

For more financial help, please visit daveramsey.com.

Leave a Comment
Login to leave a comment.