How can you get rid of a timeshare?
00:00:00.000 | Here's an interesting question from Mike Piper, who asks about how someone should get rid of a timeshare that you don't necessarily want to leave to your heirs.
00:00:07.980 | My goodness, timeshares are a really big thorn in my side because so often clients, beneficiaries or kids often do not want them.
00:00:19.200 | Typically, what I see is that the clients know that and sometimes the clients don't even want them, but they're they're stuck with them.
00:00:25.880 | The difficult thing about timeshares is every timeshare company is a little different in how they handle things.
00:00:30.860 | I have helped beneficiaries kids disclaim their interest in a timeshare.
00:00:37.300 | Otherwise, you have to just sometimes go through the really not fun rigmarole of saying like, hey, timeshare company, we don't want this.
00:00:46.480 | Like, can you just take it back?
00:00:47.800 | Oftentimes, that's the executor or trustee's job.
00:00:51.080 | If there's no named beneficiary on the timeshare itself, the executor or trustee is is tasked with navigating what to do with it.
00:01:00.420 | And it becomes even more difficult when no one wants it.
00:01:04.020 | So a lot of times beneficiaries will end up disclaiming it.
00:01:07.160 | And it becomes more difficult when no one wants it.
00:01:08.660 | It becomes more difficult when no one wants it.
00:01:09.660 | If there's no need to be a man, it becomes more difficult when no one wants it.
00:01:10.700 | It becomes more difficult when no one wants it.