Quote:
Originally Posted by 1950bing
This ties in well with the post, " Should I put adult children on deed "
Make sure they understand everything or you could stick them with something they may not want or use. I would not want to stick my kids with something that they would have a very hard time getting rid of and having to pay all the fees all along.
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That's my concern too. If I know that they do not want some of my weeks, what is the best way to deal with those weeks? I don't want to sell them, because I use them. But, I don't want to dump them on my kids in the event something happens to me. Then, they have to hassle with getting rid of them.
I would like to just will them back to the HOA, but is the HOA obligated to take them? If I put them in a trust, the HOA would have to go through foreclosure. Seems like it would make more sense to just will the weeks back to the HOA.
Is the solution to put them in a trust and will them to the HOA. Then the HOA has no real choice. They either accept the week back (for free), or waste time/money suing a worthless entity. Or, to get the last laugh, can I put them in a trust and will them back to the developer.
