Post reply

Manhattan Club Lawsuit (by Dks):

We gave back one of two timeshares I inherited. In the midst of that transaction, the investigation was launched and the AG prohibited any further sales transactions from moving forward. We no longer have to pay the yearly fees, but its not a done deal yet, the final papers have not been recorded and until the investigation is over, we are in limbo. To give the one timeshare back to TMC, we did not have to pay an attorney or any associated fees, TMC was covering that, and why not, they are getting a timeshare back for free or rather for the $100 they were going to give us. In our estate planning, TMC timeshares are not specifically listed. There are a couple of lines referring to any real estate we may own on our deaths, so in our case there would be no necessity to pay an attorney to remove the timeshares from our will....in time and before our deaths, we hope to divest ourselves of these timeshares, so that, in theory, TMC can't come after our estate for the fees. It's a wait and see game and hopefully, in time, the result will be an advantageous one for TMC owners.