death and timeshares

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Original Message:

Re: death and timeshares (by Anne M.):

I am a probate and estate attorney and two legal points you all overlooked with timeshares in estates are: 1. If the decedent has no probate estate opened in the court but they had a Grantor Trust (Living Trust or any number of similar names) that trust liable for the timeshare fees even if the timeshare is not owned by the trust - true in all states by law.

2. Creditor periods never end unless all "known or reasonable ascertainable creditors" are properly noticed - and this is a biggie most people don't understand.

The reality is that many timeshare companies won't go after the estate however they've been known to go after the Executor/Personal Representative personally.