QUESTION
If all the heirs disavow a timeshare, how can the executor close out the estate?
Asked on Nov 26th, 2013 on Estate Litigation - New Jersey
More details to this question:
Many timeshares can't even be given away nowadays. If a timeshare owner in NJ dies and the executor/administrator cannot find anyone willing to take ownership of the timeshare, does the estate have to delay making bequests in order to continue to pay the timeshare maintenance fees until the estate runs out of assets?
1 ANSWER
Adoptions Attorney serving Sparta, NJ
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Laddey, Clark & Ryan
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No! Do not pay anymore maintenance fees. The Time Share company will take the unit back. Call me if I can help.
Answered on Dec 02nd, 2013 at 4:23 PM