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Should you be concerned about potential financial fraud in a relationship?
Live from the headquarters of Ramsey Solutions, it's The Ramsey Show, where we help people build wealth, do work that they love, and create actual, amazing relationships. Rachel Cruz, number one best-selling author, host of The Rachel Cruz Show, and Smart Money Happy Hour co-host. My daughter is my co-host today. Open phones at 888-825-5225. Cody is in Boston. Hey, Cody, what's up?
Hi, Mr. Ramsey and Mrs. Cruz. Thanks for having me on. Sure. I hope the cruise went well.
It did. It was fabulous.
Great. It was good.
We missed you.
Hopefully next year. So I have a question. I'm planning on proposing to my girlfriend here coming up soon. Um, but back in November she told me that her father had transferred all of her parents investments to her so that her sister could get a larger financial aid package. I basically said to not tell me anything more because I think this might be fraud.
Um, she said her dad talked to someone and he said it was all fine. And then a month ago I went to ask for hand to her parents. They said yes, but her dad kind of led me into saying that I would be willing to sign a prenup and he doesn't know that I know about the asset transfer.
Then last weekend I brought up the situation saying that I wasn't comfortable combining finances and signing marriage papers with these assets and putting my name under them. Again, she tells me their dad said it's above board, but I felt like it was maybe fraud. I told her that if she went to a lawyer and basically had him call me and said that it was a call above board, I'd be fine with it.
But I just kind of wanted to get your opinion on this. Is it fraud or am I just kind of being paranoid about this?
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