Your family can inherit your timeshare. Most timeshare contracts are written in perpetuity, so your family inheriting your timeshare can be a concern. In the 17+ years that Newton Group has been providing timeshare exit services, we have had many clients who inherited a timeshare from parents or grandparents.
In fact, one of the pitches that timeshare resorts often use to try to convince consumers that a timeshare is a lasting investment is that the timeshare can be passed on to their children. Unfortunately, for owners looking to exit, the fear of their children being stuck with the timeshare
is real…even if they didn’t sign the contract. This is another reason the personal legal representation our partner law firm offers is so valuable in guiding you through the exit process and protecting your family.