Note: Please do not post ads in the timeshare forums. If you want to add a timeshare posting, go here.

Original Message:

When does my timeshare actually end- probably never. (by David K.):

"When you die if none of your heirs want it, technically no one can close out the estate until the property is properly disposed of."

This is NOT true. Any heir can refuse to accept any or part of an inheritance, by filing a "disclaimer" or "renunciation" with the court handling the probate. Specific laws and procedures vary from state to state.

I found this on the web at an attorney's website:

"an heir can disclaim an asset if he or she has not accepted a benefit in connection with the asset. In some states a disclaimer must be made within a certain time. For example, California requires a disclaimer to be made within nine months of the date of death, but Nevada apparently has no time limit. It’s important to know that an executor of an estate or a trustee of a trust is not compelled to accept property into the estate or trust, and may have an obligation to abandon property if it is in the best interest of the estate or trust. For example, contaminated real property, or a timeshare interest that no one in the family or beneficiary pool wants to use, should be rejected or abandoned by the executor or trustee as not only unproductive property but property that could materially deplete the estate or trust."