Not sure if this is board to ask this question but I want to add my daughter's name to the title deed of my timeshare. Is it necessary to get a lawyer to do this or will a notary suffice. Not sure of the process for making this happen. Any help would be greatly appreciated.
-
The TUGBBS forums are completely free and open to the public and exist as the absolute best place for owners to get help and advice about their timeshares for more than 30 years!
Join Tens of Thousands of other Owners just like you here to get any and all Timeshare questions answered 24 hours a day! -
TUG started 31 years ago in October 1993 as a group of regular Timeshare owners just like you!
Read about our 31st anniversary: Happy 31st Birthday TUG! -
TUG has a YouTube Channel to produce weekly short informative videos on popular Timeshare topics!
Free memberships for every 50 subscribers!
Visit TUG on Youtube! -
TUG has now saved timeshare owners more than $23,000,000 dollars just by finding us in time to rescind a new Timeshare purchase! A truly incredible milestone!
Read more here: TUG saves owners more than $23 Million dollars -
Wish you could meet up with other TUG members? Well look no further as this annual event has been going on for years in Orlando! How to Attend the TUG January Get-Together!
-
Sign up to get the TUG Newsletter for free!
Tens of thousands of subscribing owners! A weekly recap of the best Timeshare resort reviews and the most popular topics discussed by owners! -
Our official "end my sales presentation early" T-shirts are available again! Also come with the option for a free membership extension with purchase to offset the cost!
All T-shirt options here!
How to add someone to Timeshare Deed
- Thread starter agape78
- Start date
nygiants11991
TUG Member
I was thinking the same thing to make things easier for my children when somthing should happen to my husband & I.
Mine timeshares are in HI & I live in CA
Mine timeshares are in HI & I live in CA
isisdave
TUG Member
- Joined
- Jun 6, 2005
- Messages
- 2,811
- Reaction score
- 1,344
- Location
- Evansville IN
- Resorts Owned
- Marriott Waiohai
This is not hard to do, and you can probably do it yourself with a selfhelp book from Nolo or such, but the harder part is tuning up your crystal ball ...
What would happen if your daughter, or her current or future husband, declared bankruptcy? Your timeshare would be an asset of hers/theirs and subject to liquidation.
Children, as in plural? What if Susie won't pay her share of the MFs, or wants it every 4th of July, and the other kid(s) object? What if Billy wants to sell it, and the others don't?
If you have a trust, it's better to add it to that and let the trust document and trustee decide. And failing that, I'd leave it to one individual in your will, although now you potentially have a probate in another state to deal with.
What would happen if your daughter, or her current or future husband, declared bankruptcy? Your timeshare would be an asset of hers/theirs and subject to liquidation.
Children, as in plural? What if Susie won't pay her share of the MFs, or wants it every 4th of July, and the other kid(s) object? What if Billy wants to sell it, and the others don't?
If you have a trust, it's better to add it to that and let the trust document and trustee decide. And failing that, I'd leave it to one individual in your will, although now you potentially have a probate in another state to deal with.