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Original Message:
Re: Manhattan Club Lawsuit (by Enid D.):
Somebody wrote that they had a very different experience and couldn't just refuse to accept the timeshare.
"Re: not accepting the timeshares as part of the estate as an inheritor, I did ask my lawyers, I had one in VA where my mother died and one in NY, who I had to hire to go through ancillary probate in NY, solely because of these timeshares and I was told I could not refuse to inherit them...I was told I could accept everything I inherited or nothing, but I couldn't just opt out of accepting the timeshares. My third attorney who did our estate planning in MA, said to get rid of these, that they will cause a nightmare for family that we have named to inherit. Who to believe?"
dennisd273 wrote:We learned at the Redweek meeting in August that no one has to accept anything left to them in a will. Let's stop being silly.melody517 wrote:Why don't we all change our wills and trusts to leave our Manhattan Club holdings to Eric Schneiderman? Once he's an owner, that will guarantee that his investigation will move at the speed of light.deborahs528 wrote:I don't think you understood my comment...I did hire an attorney in NY specifically to deal with these timeshares as I was required to by the state of NY (because of these timeshares my Mom owned-she had no other dealings/property in NY). I had to go through ancillary probate, which is a 2nd probate besides the one I went through in VA where my mother lived and died. I live in MA so I hired a lawyer to do our estate planning and she said to get rid of these or they will be a nightmare for whoever inherits from us. As long as you own these, I have been told, (by NY lawyers) TMC can continue to attempt to collect fees from your estate after you die. I have no interest or time to get into a debate about this...I am simply sharing my experience as an inheritor and it has been a costly nightmare...with one timeshare being in limbo and not totally gone and the other timeshare there is nothing I can do anything about until this investigation lifts the order banning TMC from further sales. I wouldn't even try selling it on the open market because who would buy and TMC gets first right of refusal, anyway.