Some timeshares appear as a lifetime property, with the option to transfer ownership to the owner’s children or grandchildren. However, not all individuals are willing to receive ownership rights of a relative who passed away.
If you want to avoid an unwanted timeshare, act quickly and don’t hesitate. Your best bet is to avoid using a timeshare property at all. Next, you might need to hire an attorney to deal with the paperwork. Keep in mind that you have only nine months to give up the inheritance. One more important note – it would be best to work with the estate’s executor, who will help to fill a Disclaimer of Interest. This act will be later sent to the estate’s executor and a timeshare company.
The truth is that an unwanted inherited timeshare might be hard to get rid of. However, the sooner you start the process, the faster you reject ownership. Go to the infographic below for some more info.
https://exittimesharereview.com/article/rejecting-an-inherited-timeshare/
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