Back to Index

How can you get rid of a timeshare?


Transcript

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. My goodness, timeshares are a really big thorn in my side because so often clients, beneficiaries or kids often do not want them.

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. The difficult thing about timeshares is every timeshare company is a little different in how they handle things. I have helped beneficiaries kids disclaim their interest in a timeshare.

Otherwise, you have to just sometimes go through the really not fun rigmarole of saying like, hey, timeshare company, we don't want this. Like, can you just take it back? Oftentimes, that's the executor or trustee's job. If there's no named beneficiary on the timeshare itself, the executor or trustee is is tasked with navigating what to do with it.

And it becomes even more difficult when no one wants it. So a lot of times beneficiaries will end up disclaiming it. And it becomes more difficult when no one wants it. It becomes more difficult when no one wants it. If there's no need to be a man, it becomes more difficult when no one wants it.

It becomes more difficult when no one wants it.