FamilyLife Today® Podcast

Avoid Unintended Disinheritance

with Ron Deal | May 14, 2021
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Conversations about money and inheritances can be uncomfortable. But wouldn't it be better to talk about it with family members while you can, rather than to leave it to the state to decide after you're gone? Ron Deal, director of FamilyLife Blended, walks through different scenarios, and gives suggestions about how to make wise money decisions.

  • Show Notes

  • About the Host

  • About the Guest

  • Dave and Ann Wilson

    Dave and Ann Wilson are hosts of FamilyLife Today®, FamilyLife’s nationally-syndicated radio program. Dave and Ann have been married for more than 38 years and have spent the last 33 teaching and mentoring couples and parents across the country. They have been featured speakers at FamilyLife’s Weekend to Remember® marriage getaway since 1993 and have also hosted their own marriage conferences across the country. Cofounders of Kensington Church—a national, multicampus church that hosts more than 14,000 visitors every weekend—the Wilsons are the creative force behind DVD teaching series Rock Your Marriage and The Survival Guide To Parenting, as well as authors of the recently released book Vertical Marriage (Zondervan, 2019). Dave is a graduate of the International School of Theology, where he received a Master of Divinity degree. A Ball State University Hall of Fame quarterback, Dave served the Detroit Lions as chaplain for 33 years. Ann attended the University of Kentucky. She has been active alongside Dave in ministry as a speaker, writer, small-group leader, and mentor to countless wives of professional athletes. The Wilsons live in the Detroit area. They have three grown sons, CJ, Austin, and Cody, three daughters-in-law, and a growing number of grandchildren.

Conversations about money and inheritances can be uncomfortable. But wouldn’t it be better to talk about it with family members while you can? Ron Deal gives suggestions about how to make wise money decisions.

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Avoid Unintended Disinheritance

With Ron Deal
May 14, 2021
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Bob: Is money ever the issue that pulls couples apart in marriage? Ron Deal says he thinks money is a symptom more than a cause of conflict.

Ron: Every time you hear, “Money is the number one cause of divorce,”—it is not true. What is true is: what is underneath money, that’s what creates conflict. How you handle money tells somebody whether you’re selfish or not. In blended families then, you have the added things of: “Do I really belong in this family?” “Is your ultimate loyalty to your children, or are you providing for me?” “It seems to me more money is spent on your children than is spent on my children.” That’s the stuff we fight about and argue about, and that’s what ruins relationships.


Bob: This is FamilyLife Today for Friday, May 14th. Our hosts are Dave and Ann Wilson; I’m Bob Lepine. You can find us online at It’s important that couples in a blended family/in a stepfamily have conversations about their finances. It’s important to know how to talk about things and what specifically to talk about. Ron Deal joins us to help with that today. Stay with us.

And welcome to FamilyLife Today. Thanks for joining us. I want to amend something I have said in the past.

Dave: Oh, boy; this is going to be fun.

Ann: I can’t wait!

Bob: When I said this—and there’s part of me that I still believe what I was saying—but it was limited. I have said to people in the past, “I think it’s wrong for a couple to come up with a pre-nuptial agreement”; right? You’re getting married: there shouldn’t be any pre-nuptial, where you’re planning for the divorce.

Dave: I agree, Bob.

Bob: Right?

Ann: It’s a safety net; and you say, “You don’t need a safety net.”

Dave: I have a feeling you’re going somewhere.

Bob: Well, Ron Deal is here with us today. Ron, welcome back to FamilyLife Today.

Ron: Thank you. It’s always good to be with you.

Dave: Is he the contrarian?—he thinks pre-nups are good?

Bob: We’re going to find out. Ron gives leadership to FamilyLife Blended® and to the great work that’s going on there. He’s an author; he’s a speaker. He’s been on FamilyLife Today a number of times.

We should say, here at the beginning, any time we have you on, there are folks, who are going: “Well, blended families; so it sounds like FamilyLife® is endorsing divorce?” Do you want to speak to that for just a second?

Ron: No, we’re not endorsing divorce at all. We’re not endorsing any sin choice somebody may have made that led them into a blended family. What we are talking about is the redemptive work of God in people’s lives to influence where they are/who they are.

The woman at the well had a very sordid marital life. We don’t know all the details behind that, but it wasn’t pretty. A little cup of living water; and all of a sudden, she is preaching and teaching and bringing people to Jesus. We think that Jesus can have that redemptive work in everyone’s life.

Bob: That’s what FamilyLife Blended is all about—trying to meet people where they are and saying, “How can where you are be in sync with where God wants you to be?”

On pre-nuptial agreements, did you ever say, like I said, “Nobody should ever sign a pre-nuptial agreement”?

Ron: I think I probably did; early in my career, I did. Before we talk about whether we should or shouldn’t, let me follow up on the quick reactions that you guys had. Why did you think that, at some point, in the past?

Bob: I thought it because a couple, going into marriage, signing a prenuptial agreement is hedging their bets—they’re saying: “I’ve got an 80 percent confidence that this will work out, but I’d better just protect things because things can go south,” and “I want to make sure I’m ready if they do.”

Ron: Yes.

Dave: Exactly.

Ann: Yes.

Ron: —so lack of commitment or something.

Bob: Yes!

Dave: “I’m not really stepping on the water, trusting God to make it solid. I’ve got one foot in the boat. If it doesn’t go the way I think, I’m good.”

Ron: It’s almost like saying, “I’ll leave [my parents] and cleave to you, but I won’t leave my money.” [Laughter]

Bob: There you go; that’s right.

Ann: Yes.

Ron: Absolutely; I do think that pre-nuptial agreements, in general, are planning to fail.

But what if we could pull out the best part of what the pre-nup is intended to do, and turn it into something that helps you succeed? Just real quickly—a quick story we tell in this book, The Smart Stepfamily Guide to Financial Planning: in 2016, a designer in the Netherlands actually designed—are you ready for this?—he designed a house called a pre-nuptial house. It’s two units designed like Tetris shapes that fit together. It’s a houseboat, so it floats on water. When the couple breaks up, which inevitably is going to happen, they can each take their half of the house and float away.

Bob: Oh, my word.

Ron: It’s a real thing. [Laughter]

Dave: It’s a real thing.

Ron: Now what if we could take, in a blended family scenario, two adults—who already  have some assets, money, and something in a financial past—and they’re the two separated Tetris shapes, and we put them together? We create togetherness for their financial future; that’s what we want to do in this book.

Instead of a prenuptial agreement, we harvested the idea and turned it on its head—“Shook out all the negativity of it,” as my friend, Greg Pettys, says in the book—and created a Togetherness Agreement idea. It’s this: “We plan, together, how we’re going to merge both our money and our family relationships for the benefit of everyone involved with permanence.” It’s about planning to succeed, not about planning to fail.


Bob: I love what you’ve done in the book, The Smart Stepfamily Guide to Financial Planning, which you wrote with a financial planner, Greg Pettys; and an estate attorney, David Edwards. You got together—the three of you—your background, focusing on relationships/on what the Bible has to say about how relationships are supposed to work out; Greg brings all of the financial expertise; David brings the estate law together. You said: “How can we help couples, who are either forming a blended family or are in a blended family, address an issue that has potential to damage their relationship/their extended family relationships? How can they address it; so that it can go smoothly for them, and their kids, and their grandkids?”; right?

Ron: Right; I mean, we’re trying to disarm the hand grenade that’s sitting in their living room that nobody’s really talking about or doing anything with.

I have to tell you—I’m really proud of this project—not because of what I contributed; I think I helped to pull a lot of pieces together—but Greg and David are true experts. There is no book like this, period—secular or Christian-based. There are probably three other books about blended family finances on the market. None of them deal with the relational dynamics of the family and how that influences how money is used and how money is thought of. And none of them lace in any value/Christian ideals into the ideas of the book at all. This truly is a first, to my knowledge; and I think it’s very practical. I just think it’s really going to help people.

Bob: I’m talking to moms and dads today, who are—as their kids are growing up and getting married in a first marriage—they’re saying, “Before my daughter marries him, I want some kind of a financial background check run on him.”

Here’s the reality: your son, who graduated from college and maybe had a scholarship, so there’s no student loan debt. He’s fallen in love with somebody who’s got $40,000 of student loans. They’re going to get married; and all of a sudden, her $40,000 of indebtedness is now your indebtedness. I bring that up because those are real life issues that first-time families have to face.

Let’s go to a blended family scenario, where the wife, whose husband died—she was left a sizeable estate. She’s met and fallen in love with a guy, who lost his business last year and had to declare bankruptcy. The kids are looking at this and going: “No, no; you’re not marrying him! I don’t care how much in love you are, because does all of this become yours?” We would say: “If a husband and wife are falling in love and getting married, yes. What was each of ours, individually, is now ours together.” Is that the right way to look at it?

Ann: Let me jump in here, Bob, because we had a scenario with a friend that is the exact situation she was in. I felt such an emotional protection over her and for her kids that that was the question. He had poor financial dealings, and she had a sizeable inheritance. She came to us and said, “What do you think?” What do you tell people?

Dave: There needs to be a book out there. [Laughter] This was two years ago—bam! Now, I know exactly what I would have handed her.

Ron: Okay; let’s take the layers. As we’ve already said, there’s above-the-surface money stuff and legal aspects of this: “How do we manage that?” The below-the-surface relational dynamics is really what you’re really asking about. There are adult kids, who don’t trust this new man and: “What is he all about?” and “He seems to not manage his money well. Can we trust him to manage Mom’s money, which is really our money? Where do we fit into this?”—that’s below the surface.

Then there’s relational trust between the couple: “I love you; I trust you, sort of. I feel some loyalty to my first husband,”—you can imagine that being a part of the scenario—to care for what he cared about/to make sure it moves to our children in ways that honor them and honor him. You can get so stuck in the middle of all that stuff.

I think you sit down and you begin to pull apart and ask: “What is this about?” “What is this about?” If—let’s say—that couple comes into that discussion with one solution: “We must have one pot of money at the end of the day,” I think they limit their ability to be creative about how they love and care for one another. The number of bank accounts is not the issue. The issue is: “How do we love, and honor, and care for one another?” And in this scenario, we’re not just caring for one another, we’re caring for kids.

It could be that they find a creative way to create a Togetherness Agreement that agrees that:

“You and I, as husband and wife, are sharing this that we both bring.” That might even be: “We’re, together, deciding: ‘I’m going to help you with your debt. That’s a part of me marrying you—is I marry your debt,’”—alright?

But “We’re also going to provide for our children with this,”—maybe there’s a family business. Maybe: “We’re going to leave life insurance for kids, that nobody gets to touch, and the kids are going to get what’s fair to them,” “But here’s another piece of our asset”—the house or some other/401K for example—“that you and I share after my death.”

You can find creative ways of doing that. Sometimes that means you end up with two pots of money; or three pots of money; or two pots of functional day-to-day money, but then we have 401K account, and we have this over here account—we really have ten pots of money.

Dave: So what’s that look like, if you sit down and say, “Honey, let’s develop a Togetherness Agreement.” How do you start? What do you do?

Ron: One of the first things you are going to do—in the book, there’s an appendix called “The Own and Owe List”—everything you own, and everything you owe. Now, if you were to sit down and start making a list of all that stuff—and then slide it over the table to the other person; they’re sliding over to you. Do you know what you’re doing?—you’re getting transparent. You’re, actually, showing the other person: “I’ve got $40,000 in college debt,” “I bought a car I shouldn’t have bought,” “I’ve got credit card debt.” You have to own it: “Here it is. If you marry me, you’re marrying this.”

Now we have full transparency. That is a good exercise for anybody; I don’t care who you are. Now we get honest about one another, and what marriage means, and “How we move forward with this.” There are no surprises.

As soon as someone is keeping a secret, and then they surprise it on you and you’re stuck with credit card debt you didn’t see coming. Well, that’s just a betrayal of trust.

The process starts there. Then you begin to kind of figure out: “Alright; this is what we have to work with. Where do we want to go?” The book walks you through a process of figuring out those initial steps.

Some couples, as we said before, will figure out: “We need a little help with this. We’re not sure what those creative financial solutions are. We don’t know what a QTIP is. We need to sit down with an attorney or a financial planner, who does understand those pieces.” Together, you find your way through. It can be a much longer process for some people, just based upon their history and what they have. Other people, it might be a conversation they have one afternoon and “Hey, we feel like we can move on.”

Bob: Ron, I’ve heard you tell couples in a blended marriage: “The priority in the marriage needs to be”—you call it the “front seat” relationship.

Ron: Yes; ultimate allegiance is to your spouse.

Bob: Right. Is that true, financially?

Ron: Yes, but that doesn’t mean you stop providing for children; so it is a both/and. It is: “Yes, you’re in the front seat with me; and we have kids in the back. Some are mine; some are yours”—

Bob: Right.

Ron: —different combinations—and “How do we provide for them and think about their futures? What would we want to give them? If I were to die today—my kids are not yet in college—how do I make sure they get to go to college?” Those are really important conversations. They’re a part of our responsibility, as parents.

Bob: If we got married in our 60s—both of us widows; we’ve got adult kids—my new wife has some financial need; that takes precedence over inheritance for my kids.

Ron: Yes; but let me just say this—some people kind of get nervous with the “Yes,”—like, “Oh, does that mean I have to shift everything over?”—no, no, no; it’s not all or nothing; it is about both.

Bob: Right.

Ron: The creative answer might be something like: “Everything that I have in place—in my will—is basically staying the same. But I am going to go out and buy,”—as Greg and David have taught me, the great financial equalizer is—“life insurance.” “Everything I have is already set, and my children are going to continue to get that; but I’m going to go out and buy some more life insurance that just goes to my spouse,”—because that way, they are provided for; kids are provided for. There are lots of creative ways of managing that. It doesn’t mean you have to start dividing, or splitting, or taking away from somebody. Thinking it through together is the way to do that.

One of the awkward pieces of that might be a parent then going to their, now adult children, for example, and saying: “This has changed. Before, I left all three of you kids/each got a third. Now you’re each getting this percentage….”

Bob: Right.

Ron: “Here’s why.... But here’s what I want you to see: I’m still providing for you, and I’m leaving something to the grandkids through life insurance. I’m also providing this, over here for my new spouse, so everyone is cared for,”—that’s the ultimate message.

If you lead with that—one of the things we teach people is: “Lead with love.” “Look, the reason we’re making these changes is so that I can provide for you. I love you; you’re my child—that’s never going to change—and”—not “but”—“and I’m providing for my new spouse.”

Bob: Love is not a zero-sum game, but money is.

If I’m going to my kids and saying: “I’ve got a new wife coming into the picture; that means your inheritance is going to be diminished. You’re going from a third to—now, what’s going to wind up being 17.5 percent.” They’re looking at that, in hard dollars; and that’s going to sting for them.

Ron: Yes.

Bob: It’s going to require that my kids have some level of spiritual maturity and that they understand what it means to trust God. Is there a way I can help shepherd that, spiritually?

Ron: Hey, there is cost to making choices in relationships. You can’t choose to get married and expect that there not be any cost. Not only is there a cost in your money, there’s a cost in your time; there’s a cost in your energy. You used to have 100 percent of your grandparenting energy for your biological grandkids. Now you marry somebody, and you have step-grandkids. There is cost all the way around.

There are some realities here that you do have to face. That’s part of what we help blended families understand is: when Dad/Grandpa has made these choices, that’s forcing cost on children that they didn’t ask for. That creates some tension; that is part of the reality of this.

Dave: You’re saying, obviously, once you design this Togetherness Agreement, now there’s a conversation—

Ron: —that has to come.

Dave: —where you unveil that to the kids; right?

Ron: That’s right.

Dave: And that’s going to be emotional.

Ron: It is.

Dave: Because Mom and Dad have made a decision, and they’re good with it; but, now, when I roll that out to my kids—by the way, I’m sitting here, listening to this, going, “I was that kid,”—there was never a conversation. It was like, “Oh, all Dad’s money now goes to my stepmom and my stepbrother.”

Ron: And what statement did that make to you?

Dave: Oh, “[I’m of] no value”; it was emotional.

Ron: See, that’s the below-the-surface comment—

Dave: Right.

Ron: —that has the/that’s the impact—is that you felt unvalued. Maybe, that really wasn’t what anybody would’ve intended, but that is what came through. If there had been a conversation to say: “I’m acknowledging there’s going to be some changes, and we regret that. These are what the changes are, but please know you are valuable.”

Ann: That conversation is so important. I think it would be difficult; but I think, even for the kids processing—to hear their father or mother talk about that—that’s an act of love, because dialogue can continue to happen. And even their emotions can come out, but it can continue to be resolved in time.

Ron: The alternative is to not have that conversation. Think about it: when you’re aging and starting to lose your memory—and now, people are saying, “Well, Dad, what did you plan for us?”—everything gets worse.

Dave: Yes.

Ron: When you have those awkward, but important conversations—again, hear the purpose—you are helping your family merge. It might be a moment, where it brings something to the surface, that is difficult and needs some forgiveness and work through. Yet, on the other side of that, you’re not only dealing with the money stuff; but more important—much, much more importantly—you’re helping to solidify expectations and relationships within your home.

Bob: This is all messy and complicated. You and your coauthors have made it less complicated. You’ve found a solution—ways for folks to navigate through complicated waters—and that takes care of some of the mess. This may not be the silver bullet that makes everything easy; but this book, The Smart Stepfamily Guide to Financial Planning, will make things better than they would otherwise be. We can’t guarantee it’s going to be sunshine and unicorns; right? But we can guarantee that, if you press into this and you do what’s here, it’s going to go better for you, long term, in your relationships and in how your money gets handled.

I’m so grateful for the time it took to put all of this together and for your coauthors and the expertise they bring into this. To have a financial planner and an estate attorney coming alongside somebody, who understands the relational dynamics as well as you do—that’s a gift to the body of Christ—thank you for this. Thanks for the time on FamilyLife Today.

Ron: Thank you!

Bob: We’ve got copies of Ron’s book, The Smart Stepfamily Guide to Financial Planning. He wrote it with Greg Pettys and David Edwards. You can go to our website,, to order your copy; or call to order: 1-800-FL-TODAY. Again, the book is called The Smart Stepfamily Guide to Financial Planning: Take Control of Your Blended Family Finances. Go to to order your copy, or call 1-800-358-6329; that’s 1-800-“F” as in family, “L” as in life, and then the word, “TODAY.”


We didn’t talk about this today; but Ron just wrapped up an event—this was three or four weeks ago—called Blended & Blessed that had an audience, actually, all around the world, people who tuned in to get help for blended relationships. And there is a second event that is coming up in October. It’s actually going to be in Atlanta; and this time, it’s going to be live.

If you live in the Southeast—anywhere near Atlanta—plan to join us in October for a two-day event called The Summit on Stepfamily Ministry. This is for those of you, who are involved in ministry to stepfamilies. If you’re a family pastor at a local church, if you’d like to do outreach events for blended families in your community, if you are just looking for ways to help people who are in stepfamilies, The Summit on Stepfamily Ministry is the place to go for that. All the information about that event is uploaded on our website at; you can go there for information. It’s in October of 2021 in Atlanta. Again, it’s going to be live. Go to to find out more about the upcoming Summit on Stepfamily Ministry.

Now, all of us are hoping that this summer is going to be a lot different than last summer was as we worked our way through COVID-19 last summer and had to cancel a lot of family plans/a lot of events. Things got shut down for many of us last summer; we’re hoping this summer, maybe, things can be a little different. Here, at FamilyLife®, summertime is always a bit of a challenge for us because, during the summer months, we will often see a falloff in financial support for this ministry. We just see donations go down a bit in the summer.

Knowing that, we’ve had some friends of the ministry, who came to us and said, “We’d like to give you a boost. We will agree that we will match every donation you receive, during the month of May, dollar for dollar, up to a total of $250,000. Maybe, that extra cushion can help you weather some of the challenges that often come during the summer months.”

We are so grateful for their generosity; but to take advantage of their generosity, we need you to be as generous as you can be as well. You can make a donation today. When you do, your donation is going to be doubled. In addition, we’re going to send you a couple of thank-you gifts for your support. We’ll send you two books by Aaron and Jamie Ivey. Aaron wrote a book for husbands; Jamie wrote a book for wives. The books have the same name. The name of the book is Complement: The Surprising Beauty of Choosing Together Over Separate in Marriage.

Then, along with those books, we’ll send you a flash drive that has five extended conversations that Dave and Ann and I had recently, looking back at the last 28 years of FamilyLife Today—almost 29 years now—it’s hard to believe. Some of the main themes that have had an impact in my own marriage and life over that time—we just talked about what I’ve learned in 28-plus years—we’ll send you a flash drive that includes those five conversations, along with some of the programs that have stood out to me during the years. We’ll send you both the books and the flash drive when you make a donation today. Go to to donate, or call 1-800-FL-TODAY to donate. We do look forward to hearing from you.

With that, we’ve got to wrap things up for today. I hope you have a great weekend. I hope you and your family are able to worship together in your local church this weekend, and I hope you can join us on Monday when we’re going to talk about femininity and womanhood. Abigail Dodd is going to be here to talk about what the culture has to say about womanhood, what the Bible has to say—how those get confused sometimes—how we should think clearly on these things. I hope you can tune in for all of that.

I want to thank our engineer today, Keith Lynch; got some extra help today from Bruce Goff and our entire broadcast production team. On behalf of our hosts, Dave and Ann Wilson, I’m Bob Lepine. We will see you Monday for another edition of FamilyLife Today.

FamilyLife Today is a production of FamilyLife of Little Rock, Arkansas; a Cru® Ministry. Help for today. Hope for tomorrow.


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