Inheriting time share

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Original Message:

Re: Inheriting time share (by Lee G.):

We have 18000 MVC points, and just revised our Revocable Trust to specify that the three beneficiaries can use the points, sell them privately, or see what Marriott VC can arrange as a middle broker.

We also included in this Trust, five years of maintenance fees that will give them time to try the clubs or dispose of the points, at which time any remaining balance in this maint. account is returned to the trust for division.

Since it's "real property," it can be easily transferred (by Marriott) into the new named recipient. In the same vein, if you stop paying the annual maintenance, the property is in default, and ultimately goes back to Marriott.