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Is your Diamond timeshare in a trust?

clifffaith

TUG Member
Joined
Feb 24, 2016
Messages
5,543
Reaction score
6,770
Points
498
Location
San Juan Capistrano, CA
Resorts Owned
Worldmark
We are transitioning 10K Hawaii points. I would have sworn DR was in our trust, but it was bought after Marriott and Westin which I know we had to jump through hoops and pay to put in our trust, only to find that our last name then shows up as "Trust" on a reservation and family can't reach us. My Diamond statements just have our two names (different last names) and says nothing about the trust, making me think they never got put in the trust (possibly because they were always points and not deeds). Diamond wants a copy of the trust if our ownership is held in the trust, and so far in the mountain of trust paperwork I see nothing about any timeshares (we no longer own the Marriott or Westin properties). Was wondering if anyone who is sure their DR timeshare is held in trust sees that designation on their statements.
 

mjdim61

Guest
Joined
Dec 20, 2018
Messages
9
Reaction score
3
Points
13
Location
Los Angeles
Resorts Owned
Diamond Resorts
We are transitioning 10K Hawaii points. I would have sworn DR was in our trust, but it was bought after Marriott and Westin which I know we had to jump through hoops and pay to put in our trust, only to find that our last name then shows up as "Trust" on a reservation and family can't reach us. My Diamond statements just have our two names (different last names) and says nothing about the trust, making me think they never got put in the trust (possibly because they were always points and not deeds). Diamond wants a copy of the trust if our ownership is held in the trust, and so far in the mountain of trust paperwork I see nothing about any timeshares (we no longer own the Marriott or Westin properties). Was wondering if anyone who is sure their DR timeshare is held in trust sees that designation on their statements.

I put my Diamond ownership in our family trust but I don't see the trust name on our statement so I'm guessing you're okay.
 

gerena

TUG Review Crew: Expert
TUG Member
Joined
Sep 19, 2005
Messages
29
Reaction score
4
Points
363
Location
Indiana
It is not on our statements, but in going back to the deed, it is there.
 

pierrepierre

TUG Member
Joined
Dec 19, 2017
Messages
189
Reaction score
127
Points
154
Location
Alden, MI
Resorts Owned
Palace Resorts
We purchased directly from Diamond multiple contracts. Some made it in the trust, some did not - even when papers were signed at time of purchase. I would make sure that whom ever is in the trust, WANTS your Diamond points, as they may be liable for maintenance fees, and will they have to pay fees for the change over to their name. It appears to me that Diamond is using many and new fee based approaches.......
 
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