WHEN OWNER PASSES AWAY

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Original Message:

WHEN OWNER PASSES AWAY (by Lance C.):

kristys128 wrote:
What typically happens to a timeshare when the owner passes away? I imagine it may differ by resort, but what are the legal ramifications if the deceased does not bequeath the timeshare? Does it get passed to the next of kin or get returned to the resort? Who gets stuck with the maint. fee?

One thing to clarify is that it does not automatically go to the next of kin nor does it automatically go to the resort. The owner's estate and executor have some questions to face. The best thing for the executor of the will to do would be to inform the resort of the owner's death and that the owner's surviving relatives do not want it. Therefore, it would be best for the resort to take the unit back.