Adding Adult Children
I thought I would post this as some could find it useful. I know it has been covered on other forums, but here goes.
When we bought into BWV way back in 1996, our kids were too young to be on the deed. We have had many great trips over the years and produced many great family memories. Fast forward to now. Our kids are grown with kids of their own. We have since added on and now own at BWV, BLT, AKV, DLH and VGC. Grandma and I are getting up in years and wanted to pass on the DVC joy to the next generation. To do so you must add the adult children to the deed(s). To do this we used LTTransfers as they were Highly recommended.
We started the process the end of March and as of today 7/10 my Kids are now full fledged blue card DVC members. It was really easy and LTTransfers took care of almost all the details.
So step by step as sent to me from LTTransfers.
QUOTE
We charge $275.00* to prepare the documents needed to transfer each of the Disney timeshare deeds (or add or remove names) located in Florida or South Carolina, plus postage ($25.00) and county recording fees -- these are based on where your timeshare is located but usually average between $28 to $38.00.
*Resorts in California and Hawaii have a $325.00 document prep fee plus $20.00 postage plus filing fees, which generally average between $53- $120.00.
Here's how it works: Fill out the attached Document Preparation Form and return it to us along with a copy of the current recorded deed(s). You can send it by fax, email, or snail mail. We will email you to let you know we have received it.
We will prepare the Quit Claim documents necessary to change the name (s) on the timeshare. Due to our current workload, please allow up to three to four weeks after receiving all the documents we need to prepare your new paperwork. We will email you this for review, along with our invoice.
Once we receive the executed documents from you, we will send it out to record at the Clerk's office. Depending on the county, this could take up to one week, and if the DVC resort is located in California, it could take up to six weeks for the county clerk to return the document to us.
When the recorded deed is returned to our office, we will notify you by email with a copy of the recorded deed. We then send the ownership transfer documents to Disney. They usually take 4 to 6 weeks to update their records. We will also mail you copies of the newly recorded deed(s) and a cover letter by postal service.
Suppose one of the parties listed on your current deed is deceased. In that case, it is usually necessary to require additional documents from you, including an original or certified copy of the death certificate, and there will be an additional charge. In some states, we cannot assist you if one of the parties is deceased, and we will tell you if that is the case.
When adding children to your timeshare deed, they must be of legal age, at least eighteen (18) years.
END QUOTE
I contacted Member Services to get the copies of my deeds. We had 3 Florida deeds and 7 in California. Member services was pretty prompt in betting the deeds back to me.
Also of note, I did not add my children's spouses. Children are forever, but their spouses may not be, as much as we would hope. In order to not include the spouse, an additional form was needed for the California deeds.
Thats it. Pretty straight forward and easy.
Now if I can get those darn kids to pay the dues or perhaps Add On!
Member since 1996. BWV, AKV, BLT, VDH, VGC. Working on a better Signature
This is really useful!
We aren't ready to do this yet, but will be in the not so distant future, so reading about the process and seeing how easy it is helps.
Thanks for posting!
Excellent post…. but if the children are married then their spouse may have an ownership claim in the event of divorce or premature death….depending on what state they live in. For example, California is a community property state….
There are also a lot of other sticky things that coud happen when it comes to a child passing and having multiple grandchildren (and the grandchildren’s apoises) have an ownership claim.
I think putting it into a trust would potentialy be a better option to accomplish yoir goals.
Happy to hear different opinions if we have any estate attorney’s on here….
Disclaimer: I am not an attorney
Home Resorts: Aulani 🌺 Grand Cal 🐻 Disneyland Hotel 🚝 Grand Floridian 👑 Boardwalk 🎢
Excellent post…. but if the children are married then their spouse may have an ownership claim in the event of divorce or premature death….depending o…
I tend to agree with the trust. However we do not have a trust and really just did not think to form one. The California properties had the spouses sign and notarize a form stating that they held no interest in the property. (Extra Fee of course!). However we do live in a community property state as well, so may be moot.
Member since 1996. BWV, AKV, BLT, VDH, VGC. Working on a better Signature
Great post and I will add to the recommendations to do this sooner. My mom did this back in 2017, drawing up the paperwork for which deeds would go to my sister and which deeds would go to me. DVC recommended to her to do it because they said it is a mess to try and sort out after someone has died or is too ill to handle things.
My parents are still alive but their health and age (early 90s) means they can't go anymore (2025 was their last trip) and the points have pretty much transitioned to my sister and I and we will start paying the dues in 2027.
Thank you! This is a very helpful post.