ILs just bought a timeshare

Anonymous
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



What’s stopping her? He takes PTO and takes the kids for vacation week 1. She takes PTO and takes the kids for vacation week 2. Then later in the year, they both take PTO and do a third week of vacation.
Anonymous
My parents have a timeshare in St John. We vacation with them once every three years or so. The other years, we do something else. You don’t have to go with them every year.
Anonymous
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



+2
Anonymous

Well, you could try the timeshare once, while mentioning to everyone that you never want to be tied to one place during your valuable vacation time, which you want to use to explore the world and expose your children to all kinds of locales.

Yeah. I'm totally on your side, OP. Who wants to go to the same place every year, when you're young and healthy?
Anonymous
Anonymous wrote:Reserve judgment until you try it. Maybe the place will be awesome. If not then take it year by year after that. Maybe spend a weekend one year, skip a couple of years, etc. I don’t think these things require pronouncements, just let it evolve.

I would ask how the timeshare is treated for estate purposes. My ILs got suckered into a timeshare and when they died it was left in the deed to the kids. We had to pay quite a bit to unload it (couldn’t even give it away). None of the kids wanted it because the fees were more than just staying in a nice place where and when you want.


Omg how is that legal?? No way in hell should some unsuspecting party be forced to pay for someone else’s purchase!
Anonymous
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



Why can’t she go on vacation with the kids during one of the other 51 weeks? The kids presumably need childcare during Spring vacation anyway. I’m not saying she needs to do it every year. So, unless op has declared Spring vacation as their mandatory family vacation week to be used as a family vacation every single year, then it seems like a great option for the years they weren’t planning anything special.
Anonymous
Anonymous wrote:
Anonymous wrote:Reserve judgment until you try it. Maybe the place will be awesome. If not then take it year by year after that. Maybe spend a weekend one year, skip a couple of years, etc. I don’t think these things require pronouncements, just let it evolve.

I would ask how the timeshare is treated for estate purposes. My ILs got suckered into a timeshare and when they died it was left in the deed to the kids. We had to pay quite a bit to unload it (couldn’t even give it away). None of the kids wanted it because the fees were more than just staying in a nice place where and when you want.


Omg how is that legal?? No way in hell should some unsuspecting party be forced to pay for someone else’s purchase!


No op and no idea. I was just in Florida last week and was surprised at the amount of attorney ads running on tv that only deal with getting out of timeshare contracts.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



What’s stopping her? He takes PTO and takes the kids for vacation week 1. She takes PTO and takes the kids for vacation week 2. Then later in the year, they both take PTO and do a third week of vacation.


So, your solution is that the kids never go on vacation with their parents as a family?

Seriously, the grandparents need to let go. When children grow up they get married and have children of their own. That is their new little family and they need time together - yes, they even need vacations together. Kids are only little for a little while. Then they grow up and the cycle begins again. Grandparent vacations are an occasional thing not something that you are entitled to. I can’t believe I have to spell this out for you!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Reserve judgment until you try it. Maybe the place will be awesome. If not then take it year by year after that. Maybe spend a weekend one year, skip a couple of years, etc. I don’t think these things require pronouncements, just let it evolve.

I would ask how the timeshare is treated for estate purposes. My ILs got suckered into a timeshare and when they died it was left in the deed to the kids. We had to pay quite a bit to unload it (couldn’t even give it away). None of the kids wanted it because the fees were more than just staying in a nice place where and when you want.


Omg how is that legal?? No way in hell should some unsuspecting party be forced to pay for someone else’s purchase!


No op and no idea. I was just in Florida last week and was surprised at the amount of attorney ads running on tv that only deal with getting out of timeshare contracts.


Pretty clear that a person's obligations become obligations of the estate when the person dies, the timeshare and any associated obligations would have been part of the estate. I'll bet the outfits that pitch these things are pretty used to owners dying and keep tabs on estate filings so they can get their claims in against estates.
Anonymous
Anonymous wrote:
Anonymous wrote:Reserve judgment until you try it. Maybe the place will be awesome. If not then take it year by year after that. Maybe spend a weekend one year, skip a couple of years, etc. I don’t think these things require pronouncements, just let it evolve.

I would ask how the timeshare is treated for estate purposes. My ILs got suckered into a timeshare and when they died it was left in the deed to the kids. We had to pay quite a bit to unload it (couldn’t even give it away). None of the kids wanted it because the fees were more than just staying in a nice place where and when you want.


Omg how is that legal?? No way in hell should some unsuspecting party be forced to pay for someone else’s purchase!


What happens if it is not left to anyone or to a charity or whatever? Can you just leave a timeshare to someone you don't like?
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



What’s stopping her? He takes PTO and takes the kids for vacation week 1. She takes PTO and takes the kids for vacation week 2. Then later in the year, they both take PTO and do a third week of vacation.


So, your solution is that the kids never go on vacation with their parents as a family?

Seriously, the grandparents need to let go. When children grow up they get married and have children of their own. That is their new little family and they need time together - yes, they even need vacations together. Kids are only little for a little while. Then they grow up and the cycle begins again. Grandparent vacations are an occasional thing not something that you are entitled to. I can’t believe I have to spell this out for you!


It must be hard being illiterate. You have my sympathies.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



What’s stopping her? He takes PTO and takes the kids for vacation week 1. She takes PTO and takes the kids for vacation week 2. Then later in the year, they both take PTO and do a third week of vacation.


So, your solution is that the kids never go on vacation with their parents as a family?

Seriously, the grandparents need to let go. When children grow up they get married and have children of their own. That is their new little family and they need time together - yes, they even need vacations together. Kids are only little for a little while. Then they grow up and the cycle begins again. Grandparent vacations are an occasional thing not something that you are entitled to. I can’t believe I have to spell this out for you!


It must be hard being illiterate. You have my sympathies.


In the wise words of Elsa; Let it go, Grandma. Let it go.

Time to accept that families do not want to plan their vacations around your schedule. Time to let go. You’ll enjoy your time with your family much more this way and they will too. It’ll be okay, I promise.

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Send your husband with the kids.


I hate this type of advice.

Maybe she wants to spend her vacation days with her children?



Why can’t she go on vacation with the kids during one of the other 51 weeks? The kids presumably need childcare during Spring vacation anyway. I’m not saying she needs to do it every year. So, unless op has declared Spring vacation as their mandatory family vacation week to be used as a family vacation every single year, then it seems like a great option for the years they weren’t planning anything special.


The answer to this question is because both parents work and the children go to school so they don’t have unlimited vacation days. Are you this clueless?

If the kids need childcare during spring break, I can see how this could be a good option for the kids only. If the DH is using up his vacation days to take the kids then yes, it’s taking away a family vacation from the children - because again, people don’t have 52 weeks of vacation days - unless you’re retired. Try not be so obtuse.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Reserve judgment until you try it. Maybe the place will be awesome. If not then take it year by year after that. Maybe spend a weekend one year, skip a couple of years, etc. I don’t think these things require pronouncements, just let it evolve.

I would ask how the timeshare is treated for estate purposes. My ILs got suckered into a timeshare and when they died it was left in the deed to the kids. We had to pay quite a bit to unload it (couldn’t even give it away). None of the kids wanted it because the fees were more than just staying in a nice place where and when you want.


Omg how is that legal?? No way in hell should some unsuspecting party be forced to pay for someone else’s purchase!


What happens if it is not left to anyone or to a charity or whatever? Can you just leave a timeshare to someone you don't like?


If you leave it to someone you don’t like and they don’t want it, the fees come out of the estate. Time shares are horrible.

My parents have one and they have to pay over 1k/year in maintenance fees. For that much I could just book a nice hotel room without having to book

It’s ridiculous. They looked into getting rid of it a few years ago. If they sell it back to the company they get 2% if what they bought it for. No joke. There are all sorts of used car salesmen types offering to sell timeshares - for a fee of course. Even then, you never get more than 50% what you bought it for. Time shares are the MLMs of real estate. They prey on retirees and older people. It should be illegal.
Anonymous
You don't have to accept an inheritance property: you can disclaim it. My parents own multiple timeshares and that's my plan.

That said, they get a lot of use out of their timeshares. It is a great way to travel with kids and family, and they've exchanged their week for locations all over the world. Growing up, we stayed in timeshares at Yellowstone, in Hawaii and England, Arizona, Idaho .... I'd say go with an open mind.
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