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Re: death and timeshares

[b]Dave M Moderator TUG Lifetime Member BBS Reg. Date: Jun 16, 04 Location: Sun City Hilton Head, SC Posts: 11,305 Quote: If the estate has no other assets when the timeshare owner dies, I believe you would be correct. The resort's only option would be to take the timeshare back. However, the estate or heir becomes a legal entity and has all of the responsibilities of ownership. An heir can disclaim the inheritance of the timeshare, in which case, the estate still owns it and has the responsibility for paying MFs until and unless the executor/executrix or other person responsible for administration of the estate properly disposes of the timeshare. If that person distributes other estate assets without properly taking care of the MF responsibility, the resort should have a legal claim against that person.[/b]