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Re: Timeshares is good investment or not.

Jayjay says "at death your timeshare is part of your estate". This is not necessarily true. I recently sold a timeshare in Colorado where my buyers wanted the deed prepared showing the purchasers (husband and wife) as joint tenants with right of survivorship. This process allowed the timeshare to bypass probate at the death of the first partner and thus the timeshare does not become part of the estate of the first partner to die. There are many similar ways to title timeshares so that the timeshare is not part of one's estate. Even if the timeshare is not titled in such a way as to avoid probate the heirs are not forced to take it and certainly are not automatically required to pay MFs and special assessments. Most, if not all, states allow an heir to disclaim property typically within six to nine months of the death of the decedent who owned the timeshare. Disclaiming the property simply means filing an instrument (a disclaimer) with the probate court declaring that you don't want to accept the timeshare. The estate is liable for any unpaid and future MFs that accure during the estate's administration but the heirs are not and will not be if they choose to disclaim the property.