• 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 30 years ago in October 1993 as a group of regular Timeshare owners just like you!

    Read about our 30th anniversary: Happy 30th 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 $21,000,000 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 $21 Million dollars
  • Sign up to get the TUG Newsletter for free!

    60,000+ 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!
  • A few of the most common links here on the forums for newbies and guests!

Our ownership when we pass question?

CeeWoo

TUG Member
Joined
Apr 1, 2008
Messages
212
Reaction score
0
Points
16
Location
Washington State Ellensburger
We bought at Vistana resort years ago when our kids were about 4 yrs old. We were visiting Orlando/Disney every year at that time and paid off our ownership years ago. Now that our kids are grown and out of the house, no grandkids, we now usually deposit our week with interval and use elsewhere OR bank our StarOptions and use them for something longer & better (for instance 2015 was banked and we plan on making reservations at WKOVR for 2 weeks/1BR in Aug).

We've talked it over with the boys and they're not especially interested in a commitment for maint fees, so we don't want to burden them with that financial obligation when we pass...but like I say, at present we are using our time all the time & enjoy it a lot

So, here's the question...should we look at trying to give our ownership away in a few years when we might not be able to use it as easily (age can make things difficult LOL)...or if we find we can keep using it and 'that day comes', what will happen to our ownership? Will Starwood (or whoever owns it then) FORCE our kids to continue paying the ownership/maintenance fees? Maybe since it's all paid off maybe they'll just take the deed back instead?

Sorry if anyone might be offended by the morbidity of the these questions, But we can't last forever
 

TUGBrian

Administrator
Joined
Mar 24, 2006
Messages
22,387
Reaction score
8,025
Points
1,099
Location
Florida

SMHarman

TUG Member
Joined
Jan 14, 2013
Messages
4,171
Reaction score
86
Points
183
Location
NY NY
I'd there names are not on the deed then even at death nobody can force them to take it.

Keep using it of you are enjoying it.

When you can't anymore you can try to give it away.

Otherwise you can stop paying MF and let starwood deedback. Tell them.

Good luck. By then the kids may have kids and may see the value. It took me until 40 until I realized that $200 a night for a 2 bed condo for a vacation with kids was awesome value.

By then they may even want to recreate the vacations they had with their parents.
 

DavidnRobin

TUG Member
Joined
Dec 20, 2005
Messages
11,822
Reaction score
2,237
Points
698
Location
San Francisco Bay Area
Resorts Owned
WKORV OFD (Maui)
WPORV (Kauai)
WSJ-VGV (St. John)
WKV (Scottsdale)
Speaking of morbid - and never discussed...
quick deed transfer TS to someone who is going to pass on soon, and then have heirs refuse to accept TS.
 

okwiater

TUG Member
Joined
Mar 9, 2010
Messages
1,705
Reaction score
271
Points
293
Resorts Owned
WKV 2B Plat+ (x2)
WSJ 3B Plat+ (VGV/BV)
WLR 2B Plat+ Oceanside
SMV 2B Plat+
Sheraton Flex (x2)
Speaking of morbid - and never discussed...
quick deed transfer TS to someone who is going to pass on soon, and then have heirs refuse to accept TS.

Clever! I like the creativity...
 

DeniseM

Moderator
Joined
Jun 6, 2005
Messages
57,957
Reaction score
9,480
Points
1,849
Resorts Owned
WKORV, WKV, 2-SDO, 4-Kauai Beach Villas, Island Park Village (Yellowstone), Hyatt High Sierra, Dolphin's Cove (Anaheim)
Speaking of morbid - and never discussed...
quick deed transfer TS to someone who is going to pass on soon, and then have heirs refuse to accept TS.

If I were the dying person, or the bereaved, I would be offended by a request like this that capitalized on someone's impending death. And then, expecting the heirs to file legal papers, when they were in the middle of everything else involved in the death of a loved one.

I cared for my mom when she was dying from cancer, and I can tell you that a request like this would have made me furious…
 
Last edited:

okwiater

TUG Member
Joined
Mar 9, 2010
Messages
1,705
Reaction score
271
Points
293
Resorts Owned
WKV 2B Plat+ (x2)
WSJ 3B Plat+ (VGV/BV)
WLR 2B Plat+ Oceanside
SMV 2B Plat+
Sheraton Flex (x2)
If I were the dying person, or the bereaved, I would be offended by a request like this that capitalized on someone's impending death. And then, expecting the heirs to file legal papers, when they were in the middle of everything else involved in the death of a loved one.

I cared for my mom when she was dying from cancer, and I can tell you that a request like this would have made me furious…

I got the impression the post was at least partially tongue in cheek, but regardless it seems like a reasonable strategy for someone who is saddled with an unwanted timeshare that can't be easily disposed of in another way. Keep in mind that this could be an intra- rather than inter-family transfer. And, morbid or not, financial planning is an important component of timeshare ownership.

Speaking of morbid, is it just a coincidence that the strategy was recommended by "DnR"? ;)
 

Helios

TUG Member
Joined
Jan 3, 2015
Messages
2,297
Reaction score
134
Points
173
I got the impression the post was at least partially tongue in cheek, but regardless it seems like a reasonable strategy for someone who is saddled with an unwanted timeshare that can't be easily disposed of in another way. Keep in mind that this could be an intra- rather than inter-family transfer. And, morbid or not, financial planning is an important component of timeshare ownership.

Speaking of morbid, is it just a coincidence that the strategy was recommended by "DnR"? ;)

I agree with the comment - it sounded like tongue in cheek to me. Morbid or not, no one can escape death and this may be an extraordinary opportunity/gesture to help someone who is distressed. I would be willing to do it for someone close who was in need.
 

DavidnRobin

TUG Member
Joined
Dec 20, 2005
Messages
11,822
Reaction score
2,237
Points
698
Location
San Francisco Bay Area
Resorts Owned
WKORV OFD (Maui)
WPORV (Kauai)
WSJ-VGV (St. John)
WKV (Scottsdale)
Comments on this crack me up - it wasn't intended as anything other than as it was stated as a response to the OP, and btw is a fact - also stated upfront that it is morbid. Of course, whether this would ever be implemented is highly unlikely, and only under very specific and special circumstances.

Of course, this may be an instance where paying an upfront fee is nececessary (now that was tongue-in-cheek...)

Maybe DnR should be banned from TUG...
 
Top