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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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 [b]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)[/b]. None of the kids wanted it because the fees were more than just staying in a nice place where and when you want. [/quote]

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

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?[/quote]

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. [/quote]

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