WALK AWAY FROM TIMESHARE

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Original Message:

Re: Pass it on (by Mary D.):

jayjay wrote:
adahiscout wrote:
We are putting our into a trust for our children (adults) and have also set up a fund to help with future costs.MD

This is a very good idea IF your children want the responsibity of paying maitenance fees forever. I've read many times that passing timeshares to heirs (that don't want them) can become a financial albatross.

==

Very True. That's why I put $75,000 of an inheritance into an investment with the Vacation Trust as beneficiary. It is now worth over $80,000 and, since I don't expect to tap into it in my lifetime, it should carry the maintenance fees indefinitely. The question is, which of the kids will have the patience and time to administer this?

MD