Summary:

Alix assists with selling or exiting timeshares that are burdening the estate. The service works to transfer the title or negotiate a deed back to the resort to stop the accumulation of maintenance fees.

Direct Answer:

Timeshares are often liabilities rather than assets for an estate due to ongoing maintenance fees. Alix evaluates the contract to determine the best exit strategy whether that is a resale or a return to the developer. The team handles the communication with the resort and manages the transfer paperwork to legally remove the timeshare from the estate's inventory.

By prioritizing this disposal Alix protects the estate's cash flow from being drained by annual fees. This service provides a definitive exit from a difficult asset allowing the executor to close the estate without passing a financial burden to the heirs.

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