posted 12-07-2000 10:30
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Posted by: JanB E-Mail: mrbmrsb@home.com
Date Posted: November 17, 2000 at 21:17 MSTWe are considering transferring our Hawaii ts titles to our living trust. We have been told Hawaii probate can be a nightmare and expensive. Does anyone have any experience with this subject......Thanks, Jan
Posted by: Jim Love E-Mail: jljimlove@aol.com
Date Posted: November 17, 2000 at 22:07 MST
In Reply to: Transferring Hawaii Titles to Living Trust posted by: JanB on 11/17/2000 at 21:17 MSTThe probate limit in Hawaii is $20,000. Therefore, if your timeshare is worth less than $20,000 it will not have to go through probate.
Jim
Posted by: JanB E-Mail: mrbmrsb@home.com
Date Posted: November 17, 2000 at 23:09 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: Jim Love on 11/17/2000 at 22:07 MSTJim, Thank you for responding. We have 5 timeshare weeks in Hawaii, each with separate titles. They are vauled all together more than $20,000, but, each less than $10,000. Do you know if Hawaii probates each title or total value?
Posted by: Doug K E-Mail: DougKaya@AKAMail.Com
Date Posted: November 18, 2000 at 18:55 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: JanB on 11/17/2000 at 23:09 MST
Hi Jan !
We transferred our TS to our Living Trust.
The Atty who did our Living Trust recommended an atty in Honolulu.
He would have acted as the "middle-man" but since we were going to Hawaii anyway, we dealt directly with the Honolulu atty.
Spent about 45 minutes and it was done!
Posted by: JanB E-Mail: mrbmrsb@home.com
Date Posted: November 19, 2000 at 18:38 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: Doug K on 11/18/2000 at 18:55 MST
We have been quoted $690 to transfer 5 titles to our trust through a document service in Kona. They came highly recommended. Does this sound reasonable? Thanks for your response,...Jan
Posted by: Doug K E-Mail: DougKaya@AKAMail.Com
Date Posted: November 20, 2000 at 14:24 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: JanB on 11/19/2000 at 18:38 MST
Aloooooha Jan !
Regarding: "We have been quoted $690 to transfer 5 titles to our trust through a document service in Kona. They came highly recommended. Does this sound reasonable?"
$690 divided by 5 = $138 is CHEAP !!!
Do It.....
Can't remember what we paid,
but it was more than $138
Posted by: JanB E-Mail: mrbmrsb@home.com
Date Posted: November 20, 2000 at 16:19 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: Doug K on 11/20/2000 at 14:24 MST
Thank you. We thought it was probably quite reasonable, but happy to have our impressions verified.
Posted by: larry h E-Mail: lhinkle@adventsys.com
Date Posted: November 29, 2000 at 13:41 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: JanB on 11/19/2000 at 18:38 MSTI put my Bay Club into a trust for $50 and it took about three
weeks.
Posted by: JanB E-Mail: mrbmrsb@home.com
Date Posted: November 30, 2000 at 17:36 MST
In Reply to: Re: Transferring Hawaii Titles to Living Trust posted by: larry h on 11/29/2000 at 13:41 MST
Larry...Can you give more details on the process and who you used? You can email me if you wish.....Thanks, Jan
Timeshare Users Group Bulletin Boards
posted 12-07-2000 10:30