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Re: Timeshare after Death of Parent (by Alberto T.):

Yes, please look into it. It will no longer be a co-owned estate since one of the owners has died and the surviving owner keeps everything that was owned before death with right of survivorship and the estate gets nothing.

You see how much we can learn here!

jayjay wrote:

albertot3 wrote:

Thanks! What if the estate has no money. It is insolvent. Who will pay the bills then? Will the timeshare collection company be out of luck? Remember that properties that are co-owned before death do not become part of the estate. They do not become part of probate either. This is one way to avoid probate and to avoid having "estate assets" after death. Anyone, please correct me if I am wrong. Thanks again.

I didn't realize that co-owned properties would not become part of a co-owner's estate ... I'll have to Google to find out more about this statement.