Transferring TS Ownership from my Dad..Help please!!

[timeos2]

My father owned over a million Wyndham points when he passed away, and he willed these points to my siblings and myself, when none of us wanted them. We tried to get Windham to stop their automatic monthly withdrawal of funds for maintenance fees from the estate, and finally had to just tell the bank to stop allowing Wyndham to automatically extract funds from the estate bank account while we were trying to settle the estate. Wyndham got their collections agency in action harassing us with daily phone calls asking for a charge card number so they could continue getting money from the estate, even thought the estate has no charge card. They did not care that they were interfering with settling an estate of a deceased timeshare owner, as they wanted to continue getting maintenance fees into perpetuity. In my opinion they are nothing but a bunch of greedy, self-centered individuals who have no respect for the deceased.

While I'm not defending Wyndham realize they do have a right to attempt to collect the debt due - being in an estate situation doesn't change that. This is an example of the fact that simply saying the owner died & now no one wants the timeshare(s) isn't an automatic end to the obligation. The estate is correctly billed for the fees until it is properly transferred to a new owner or back to the resort. In thew meantime the estate will be reduced by the fees due until it is settled. There is nothing automatic about it - a bill is due & payable until correctly & legally discharged.

Those who think it just somehow "goes away" because the owner dies & now the remaining estate is the owner are wrong. Now if the estate has no funds - in other words there is nothing to inherit except the timeshare - then the resort has no chance to collect and should foreclose ASAP. But if there are assets in addition to the timeshare then legally the resort has a claim to those BEFORE any distribution or settlement goes to the heirs. It has to be handled by the estate administrator (executor) before the estate can be properly closed & other payments made. That's estate law.

 

[e.bram]

Transfer all the assets out of the estate and let TS pound sand. The legal fees to collect that small amount won't pay for the creditors. And if they are successful you broke even.