Trusts

[SOLDIERVET Junior Member Find all posts View Profile Close SOLDIERVET]

Does Anyone Have Their Timeshares Set Up In A Trust....and If So Can Someone Tell Me How To Set One Up And The Important Things That Need To Be Put Into It...does It Need To Be Done By An Attorney Or Can An Individual Set One Up Themself...

[JoAnn Senior Member Find all posts View Profile Close JoAnn]

All three of our T/S's are in our trust. They were put in by our attorney when we first set up our trust several years ago. I believe all they did was do a quit claim the deeds into the trust.

There was just a long discussion about this on TUG, so maybe if you do a search you can come up with the thread.

I don't know if 'you' can do your own this way...maybe an attorney can help you there.

[rapmarks Moderator Find all posts View Profile Close rapmarks]

I moved our timeshares into our trust myself by typing up a quit claim deed from ourselves to our trust for the consideration of $10 and getting it recorded in the county where the timeshare was located, with a copy sent to the resort. Purchased the quit claim deed at an office supply store near our timeshare because the county recorder told me they had a special form, however you can usually download them from the internet.

[Dancingfish Senior Member Find all posts View Profile Close Dancingfish]

more info please

Please explain the benefit of doing this.