Sorcerer Pass Eligibility

[secondtwelve]

My in-laws are DVC owners (direct purchase). They are considering adding their three adult children (including my wife) to their deed. Would this make them eligible for the Sorcerer annual pass? Additionally, would I (and our children) be eligible since we're part of my wife's household?

 

[Sandisw]

Yes, all owners and their household members would be eligible for membership extras as long as that contract is owned.

It is why we did the same thing.

 

[secondtwelve]

Great! Are there any limits to consider? This change would lead to 5 names on the contract. Then just my wife's household would ideally have 3 Sorcerer passes. In total, with her siblings families and parents, it would be 10 or 11 annual passes.

 

[intamin]

Great! Are there any limits to consider? This change would lead to 5 names on the contract. Then just my wife's household would ideally have 3 Sorcerer passes. In total, with her siblings families and parents, it would be 10 or 11 annual passes.

I'm not sure why but I think the maximum amount of DVC passes available to purchase in a single household is 8 under one contract. I feel like I read that somewhere, don't quote me on that though.

Edit: not sure if this is still up to date

Disney Vacation Club Members and their immediate family living in the same household will receive discounts on select new and renewed Walt Disney World Annual and Premium Annual Passes. Limit 8 purchases per household.

Maybe it means 8 passes per member on the contract of each household?

 

[AstroBlasters]

I highly recommend a written buy-sell agreement in the event of death/divorce/someone wanting to sell/failure of one party to at dues, etc.

 

[zavandor]

Great! Are there any limits to consider? This change would lead to 5 names on the contract. Then just my wife's household would ideally have 3 Sorcerer passes. In total, with her siblings families and parents, it would be 10 or 11 annual passes.

If any of the siblings divorce or has financial problems the contract would be part of their estate. Things can get messy. As the PP suggested, get some agreement in writing.

 

[Sandisw]

I'm not sure why but I think the maximum amount of DVC passes available to purchase in a single household is 8 under one contract. I feel like I read that somewhere, don't quote me on that though.

Edit: not sure if this is still up to date

Disney Vacation Club Members and their immediate family living in the same household will receive discounts on select new and renewed Walt Disney World Annual and Premium Annual Passes. Limit 8 purchases per household.

Maybe it means 8 passes per member on the contract of each household?

It is 8 per household…so, if the owners do not live together, then you can get more…

 

[Sandisw]

Great! Are there any limits to consider? This change would lead to 5 names on the contract. Then just my wife's household would ideally have 3 Sorcerer passes. In total, with her siblings families and parents, it would be 10 or 11 annual passes.

There are a lot of things to consider. Once they are owners, they have the same rights to use the membership as anyone else. They can book and cancel reservations and no one can say anything.

You also can not sell the contracts without everyone agreeing to sell. It could impact credits and of course, the big ones…these might be vulnerable to bankruptcy or divorce….so you have to be okay with all those what ifs.

We went over everything and made the decision that we were okay taking on the risks with our adult children…since ultimately it would go to them.

 

[BroganMc]

Actually we added my siblings to the contracts my dad and I purchased. And my brother went through a divorce. The timeshare has had no part in that. It was seen as his investment alone with his family and his wife had no right to it.

We also don't have any issues and how we use the points. Or adding on contracts. I manage the reservations for everyone. And we go together or not at all. No one has ever questioned it. They are all grateful that they have the benefits. And we know the contracts will stay within the family until the last of us dies.

Now if you have a family that cannot respect boundaries, YMMV. Just talk out what you expect. I think the only real issue would be if the maintenance fees were not being paid. Then all owners on the contract would be sought by Disney for payment. But if you guys are all responsible with your finances it shouldn't be an issue.

 

[AstroBlasters]

Actually we added my siblings to the contracts my dad and I purchased. And my brother went through a divorce. The timeshare has had no part in that. It was seen as his investment alone with his family and his wife had no right to it.

We also don't have any issues and how we use the points. Or adding on contracts. I manage the reservations for everyone. And we go together or not at all. No one has ever questioned it. They are all grateful that they have the benefits. And we know the contracts will stay within the family until the last of us dies.

Now if you have a family that cannot respect boundaries, YMMV. Just talk out what you expect. I think the only real issue would be if the maintenance fees were not being paid. Then all owners on the contract would be sought by Disney for payment. But if you guys are all responsible with your finances it shouldn't be an issue.

I think your scenario sounds like a bit more than “respecting boundaries”, it involves everyone being willing to turn over authority to one person and having minimal input.

That could work with a lot of family dynamics, but it is definitely is not the norm.

Also, a vacation property or timeshare obtained during a marriage could absolutely be subject to divorce proceedings in many states, regardless of if it is obtained with family or not.

I wouldn’t go into any family arrangement without something in writing.

 

[Sandisw]

Actually we added my siblings to the contracts my dad and I purchased. And my brother went through a divorce. The timeshare has had no part in that. It was seen as his investment alone with his family and his wife had no right to it.

We also don't have any issues and how we use the points. Or adding on contracts. I manage the reservations for everyone. And we go together or not at all. No one has ever questioned it. They are all grateful that they have the benefits. And we know the contracts will stay within the family until the last of us dies.

Now if you have a family that cannot respect boundaries, YMMV. Just talk out what you expect. I think the only real issue would be if the maintenance fees were not being paid. Then all owners on the contract would be sought by Disney for payment. But if you guys are all responsible with your finances it shouldn't be an issue.

It wasn’t a DVC timeshare but my one cousin was an owner of one prior to marriage and in her own name. It was definitely part of the divorce and had to be dealt with because the ex husband wanted it.

So, maybe your brothers ex wife didn’t care..but I am not sure legally that would be the cause everywhere.

Pros and cons for sure but even if everyone agrees upfront, something could happen to change that. While we were comfortable with our adult kids, we would never do it with our siblings.

 

[supersnoop]

Any marital property is going to be complicated. If it was a gift to one person and no comingled funds were used to pay dues, then it would be considered separate property and not included in the divorce. And even then, it could depend on the specific state laws. But, if the property was acquired after marriage and joint funds were used to support it, the value would be considered as part of the assets to be split.

 

[AstroBlasters]

Any marital property is going to be complicated. If it was a gift to one person and no comingled funds were used to pay dues, then it would be considered separate property and not included in the divorce. And even then, it could depend on the specific state laws. But, if the property was acquired after marriage and joint funds were used to support it, the value would be considered as part of the assets to be split.

“and joint funds were used to support it”

Very important point as the dues are much more expensive than the buy in over time.

 

[Sandisw]

“and joint funds were used to support it”

Very important point as the dues are much more expensive than the buy in over time.

Which is part of why it was part of my cousins situation…marital funds paid for it during their 25 years of marriage.

 

[Narcoossee11]

It sounds like your ex sister in law had a bad lawyer ( good for your family though).
she certainly should gave gotten 'something'
From the timeshare in the divorce.

 

[BroganMc]

Any marital property is going to be complicated. If it was a gift to one person and no comingled funds were used to pay dues, then it would be considered separate property and not included in the divorce. And even then, it could depend on the specific state laws. But, if the property was acquired after marriage and joint funds were used to support it, the value would be considered as part of the assets to be split.

That's how the estate lawyer explained it to us. Since my brother did not pay for the timeshare or any of the maintenance fees (that was covered by my father and I) then his wife could not claim it as marital property. She also could not claim the inherited IRAs that my father left to my brother. Now we live in Maryland so that's the laws of Maryland. Other states may vary. You have to consult your lawyer.

And again every family needs to make this decision for themselves. If we had a family member that was very bad with finances or not trustworthy with these sorts of contracts then we would never add their names.

 

[Sandisw]

That's how the estate lawyer explained it to us. Since my brother did not pay for the timeshare or any of the maintenance fees (that was covered by my father and I) then his wife could not claim it as marital property. She also could not claim the inherited IRAs that my father left to my brother. Now we live in Maryland so that's the laws of Maryland. Other states may vary. You have to consult your lawyer.

And again every family needs to make this decision for themselves. If we had a family member that was very bad with finances or not trustworthy with these sorts of contracts then we would never add their names.

That could have been the difference, But it still could be vulnerable depending on how things are done which is why it has to be considered and why it’s not something anyone should do lightly.

 

[RoseGold]

I would never have five adults on a contract. One random example: https://www.disboards.com/threads/k...-but-ex-is-now-filing-for-bankruptcy.3894488/

I would seek local legal advice before doing this. This has many, many downsides potentially for decades -- all for a couple hundred bucks discount on an AP and a couple thousand dollars share in a five figure timeshare. Bankruptcy, divorce, multi-state probate, a lawsuit, Medicare, someone is missing, I can keep going and some of these have crimes associated with moving assets around. This is not when to get Internet legal advice.

There are other ways to do this, like companies and trusts. These are very common in DVC and should be part of your in-laws' discussions about their estate with their lawyer.