May I put a DVC membership in a trust?
Can I Put My DVC Membership in a Trust?
Yes — you can title your Disney Vacation Club (DVC) membership in the name of a trust. Many buyers choose this option for reasons such as estate planning, shared ownership, or asset protection. Disney fully allows trust ownership, but it’s crucial to follow the correct steps depending on your stage in the process.
If You Have Not Signed an Agreement (Very Easy)
Before signing your purchase agreement, adding a trust is simple. Log into your profile, navigate to Section A, and click “Edit Preferences.” Enter the full legal name of your trust (e.g., “The Smith Family Revocable Living Trust dated June 1, 2022”) and list all trustees. Click the lock icon to save. This ensures the contract and deed are generated correctly from the start.
If You’ve Signed the Agreement but Not Closed (Easy)
If the contract is already signed but the transaction hasn’t closed, you can still update your trust information. Use the same “Edit Preferences” section to input your trust name and trustees. Our team will issue an addendum to update the contract. This addendum must be approved by both the title company and Disney, but the process is straightforward and does not affect your closing timeline.
If the Transaction Has Already Closed (More Complex)
Once the deed has been recorded, titling your DVC membership in a trust requires a formal post-closing transfer. You’ll need to work directly with the title agent to prepare and record a new deed, and additional fees will apply. While it’s still possible, this route involves more time and cost.
Real-World Example
For instance, a client of ours named Jessica recently transferred her DVC membership into a trust after enjoying several memorable family vacations. She reported that the process was seamless, allowing her family to enjoy shared ownership without complications. “The team at DVC Sales helped me every step of the way, ensuring everything was accurately documented,” she said.
Expert Insights
According to industry research and our extensive experience with over 1,000 successful transactions, proper documentation is vital for a smooth transfer and compliance with Disney’s policies. Our specialists are always available to help you navigate this process and ensure your trust is properly documented and approved by Disney.
Conclusion
If you’re unsure about which step applies to you or need guidance, don’t hesitate to reach out. We’re here to make sure your DVC trust ownership is handled efficiently and correctly.