[WSBAPT] Valuation of Timeshare - Estate Inventory

[Philip N. Jones]

I like your approach.  I would do the same.
And who is going to be receiving this "asset"?
Phil Jones

Philip N. Jones
Duffy Kekel LLP
900 S.W. Fifth Ave. Suite 2500
Portland, OR 97204
pjones at duffykekel.com<mailto:pjones at duffykekel.com>
(503) 226-1371 - office
(503) 853-1482 - cell
(503) 226-3574 - fax

From: wsbapt-bounces at lists.wsbarppt.com <wsbapt-bounces at lists.wsbarppt.com> On Behalf Of Laura Latta
Sent: Thursday, May 18, 2023 11:08 AM
To: WSBA Probate & Trust Listserv <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Valuation of Timeshare - Estate Inventory

How are folks handling timeshare valuation for purposes of an estate inventory?  (Assume that any value assigned to a timeshare is highly unlikely to result in a taxable estate.) I'm tempted to simply assert that the timeshare has no marketable value as folks wanting out of the resort fees are often hard pressed to offload them, but this is only my opinion based on observation. Timeshare company is not helpful.

How do others handle this as it seems to be coming up lately?

Laura Latta
Law Office of Laura Latta PLLC
she/her

Phone (206) 841-2344
www.LauraLatta.com<http://www.lauralatta.com/>

4010 Lake Washington Blvd. NE Ste. 202

Kirkland, WA 98033

NOTICE:  This communication may contain privileged or other confidential information. If you have received it in error, please advise the sender by replying to this email and immediately delete the message and any attachments without copying it or disclosing its contents to others.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20230518/1fb50b77/attachment.html>