What Happens To A Timeshare If The Owner Dies

What Happens to a Timeshare If the Owner Dies?

written by Maya Smith Call: (843) 376-3999 Please enable JavaScript in your browser to complete this form.Step 1 of 6Are you looking to get out of your timeshare contract? *
=&0=&: Timeshares are often considered real estate, and as such, they are subject to inheritance laws.=&1=&: The timeshare ownership passes to the heirs as part of the deceased’s estate unless otherwise specified in a will.

What Legally Happens to a Timeshare When the Owner Dies?

An interest in a timeshare held upon the death of its owner passes automatically to the estate of the deceased. This means the timeshare will run through the probate process, referring to the court’s supervision over how the distribution of an individual’s assets, including the timeshare owned, is carried out. ...  Read more

What Happens To A Timeshare When The Owner Dies

This article discusses what happens to a timeshare when its owner passes away. In many cases, the timeshare interest is passed on to the deceased’s heirs along with other assets in the estate. However, the heirs may not want or be able to use the timeshare, in which case they may need to look into selling, donating, or terminating the timeshare.

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