One common theme of some Timeshare Relief clients is a timeshare dilemma of whether to pass their timeshares and the associated fees and debt onto their children and heirs. What they don’t understand is that a majority of the children do not want the timeshares, especially if they come with fees and debt. Inherited timeshares are normally older, require more maintenance and upkeep and may have fallen out of favor in terms of modern amenities and location.
Ron & Joyce faced the timeshare dilemma recently. They had seen a Timeshare Relief presentation before, yet came again to analyze the Timeshare Relief option once more. They were not sure about paying to get rid of their timeshare. They wanted something back for a timeshare after spending too much money on the timeshare in the first place. But, they did not want to pay any more and certainly did not want their children to pay for the timeshare.
As they spent more time consulting with Timeshare Relief representatives, they realized that over time they would save a lot more money over the years by not paying the annual maintenance fees on their timeshares. The maintenance fees were a point of contention for the couple, having doubled within the last five years. In 2009 alone, the maintenance fees were over $5000. They worried that the fee hike constituted a trend. It was hard to imagine the impact on their finances if that happened again over the next five years, or worse what it meant should the timeshares be inherited by their children. Ron & Joyce felt that they really needed to get out of making those payments if they could.
The couple worried about passing the debt on to their heirs. They wanted to work with Timeshare Relief to prevent this from happening. This is a valid concern for many timeshare owners. Many couples, such as Ron & Joyce search for answers to help them with this problem. They come to Timeshare Relief with the question: if our timeshare is passed on to our heirs, who is responsible for the payments from then on? After other stops with people that couldn’t answer that question, couples such as Ron & Joyce, go to Timeshare Relief to see if they can get help to keep this from happening. Ron & Joyce felt better about having a chance to work with Timeshare Relief to consider their options for this problem.
