"OLD" People Ever Buy?

[Joe T.]

Hi Twirlergirl from a fellow Marylander.
I can practically guarantee you that your trip next year will be a highlight of your life. Our grandchildren were 2, 4, and 5 for our first family trip. During the MK Spectomagic parade, the youngest didn't stop squeling in delight for the whole time. It was a magic trip only available at WDW. This past summer we had our third trip with the girls. The oldest is now 13. Time does fly when we plan our trips.
Welcome to the boards - don't hesitate to ask any question.

 

[Ralph&Pam]

We prefer to think of ourselves as part of the 50 and better generation, not the 50 and over group. In any case, we bought just this year (at 55 and 54 years old). Our grown DD and DS are also listed on the deed. Both are major Disney fans and sometimes accompany us to WDW.

Ralph

 

[GraceDVC]

We purchased our initial points five years ago when we were 52 and 54, naming our two unmarried children as associates. When we decided to add on points two years ago, we chose to have all four names on the contract as owners (and later had our original contract amended to list all four names as owners). There are a couple of reasons why we decided to have all four names listed as owners: the pts. automatically belong to the surviving owner(s); each family (our two children now are married) receives all the benefit updates, point charts, correspondence, and quarterly DVC Magic newsletter ; each family has its own DVC Membership Card to use for discounts at The Disney Store; and our children feel so much a part of the DVC even though they moved to another state after they married.

We have no problems with planning or sharing points because it is acknowledged that my husband and I go every year for 10 to 12 days, and usually each of our children go every two years. We can't wait to have us all share a Grand Villa in the near future! It works for us but each family has to assess its own circumstances. Whatever you decide, definitely join DVC!

 

[bwvmary]

My mom bought after we did. We went to BWV together (she was on a Fall Fantasy plan, and we had our first DVC stay). She must have been about 62 at the time. We all had such a great time together (our second family and Grandma trip to Disney) that she decided owning points of her own was the way to go.

We spend a week to 10 days or so every summer together at Disney with Mom, my brother, DH, DS1, DS2, DD and me. We all love spending relaxing time together. Orlando is easier to get to than where Mom lives (tickets cost about a third as much, which adds up with a family of 5!). Mom is a big Disney fan, and I guess the rest of us are too. Kids are 10, 8 and 6 now. They've gone to Disney lots of times. There's something for everyone - the parks, pools, golf courses, restaurants, etc. We always have a wonderful vacation. It changes every year as the kids get older. We also find a nice benefit is that we don't get "Disney Stress Syndrome" as we know that we will be back in the not to distant future.

I don't know what Mom has planned with the Disney points, estate wise. I'm sure that it's included with her assets and will pass to the next generation in as tax-advantaged a manner as she can find. She did buy the points in her own name, alone, though.

I say - go for it. 2042 isn't that far away. Plan to use all the points yourself, and do some backup estate planning, too.

Good luck!

 

[bres@westernMA]

You guys brighten my day. The wife and I bought in '97, we were 45 & 46 respectively. Actually the trip that we bought DVC was our first vacation away (for more than a few days) without the kids in 24 years of marriage. My wife was the one interested in DVC, I needed to be convinced and have never looked back. Vacations at the DVC are great alone or with family. Now that the kids are older, a visit to WDW is one of the few vacations that will assure their participation and enjoyment.
Some day there will be grandkids and I look forward to that time but things are just fine right now. As a matter of fact we (me and the boss) will be at BDV for a short week (during the WDW National PGA tournament) in just about 62 days. I can't wait.

 

[mtertell]

My husband and myself (married no kids) and my sister not married
bought a resale in 1998. At that time we were 45, 42, and 39, .
We took our first trip for thanksgiving '98 bringing my parents along.
While walking about we commented that when DVC expired we would
be 89, 86 and 83 respectively. My dad who was having a great time
commented that he would be 111. He said this with a very straight face
and he truly believes he will be celebrating our last year of DVC
with us and he probably will. I guess by then it might be difficult to
get a first floor home at OKW with so many of us being elderly.
By the way, while on our first DVC vacation my sister received a call that
she would be going to China for her daughter (my niece) very shortly.
I went with her in February 0f '90 and since then she has been to disney
3 times with our 4th trip this October. At least we have someone to will DVC to.
Meg

 

[DisneyHumbug]

Grace - when you had your original contract amended to add the kids names, did you do that thru disney? my kids were too young to add at the time (they told me the kids had to be 18), so I plan to add them as soon as the youngest turns 18.

 

[GraceDVC]

Yes, we did the changes through Disney. It cost us a fee for the paperwork; can't recall exactly how much, but we felt it was worth it. Our two children are delighted to receive all the DVC info that is now sent to them in their own homes. My husband's social security number is listed, and we claim the real estate taxes on our returns (because we pay the dues!).