Your Disney Vacation Club Membership is an undividable deeded real estate interest which means that the total amount of Vacation Points in your Membership cannot be divided, as indicated on the deed.
However, each individual contract can be dealt with separately. So, for example, one Membership with a single contract containing 500 Vacation Points cannot be split. But one Membership containing 2 contracts, each of which contains 250 Vacation Points, could be divided with one individual receiving the first contract, and the second individual receiving the second contract. Some families break up their purchases into multiple smaller contracts for estate planning purposes.
In addition, you may transfer your Membership to another party.