When preparing your estate plan, handling timeshares requires careful consideration to avoid burdening your heirs.

When preparing your estate plan, handling timeshares requires careful consideration to avoid burdening your heirs. Timeshares can come with ongoing maintenance fees and complicated ownership rules, which may not align with your beneficiaries' interests or financial situation. To address this, you may choose to sell or relinquish the timeshare before passing or create a plan outlining how it should be managed or sold after your death. You might also consider placing it in a Trust, which can streamline the process for your heirs. Consulting with an estate planning lawyer can ensure the timeshare is properly accounted for, minimizing any future issues for your loved ones.

If you have estate planning questions, give us a call at 253.858.5434 to set up an appointment today. We represent clients throughout Washington and Idaho and are available to meet in person, by phone, or via video conference.