How do I split a timeshare in a divorce?
We have been living in different states for 10 years and we have no shared assets except a timeshare.
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First, you have the opportunity to attempt to come to an agreement over ownership.
If an agreement cannot be reached, then it will need to go to the judge, and more than likely the judge will order it to be sold since an agreement to split it cannot be reached.
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We have been living in different states for 10 years and we have no shared assets except a timeshare.
I understand the situation with living in different states for so long. Can you tell me more about the timeshare you both share?
What do you want to know?
Are you looking to find a solution regarding the timeshare now that you are no longer together?
Does it have to be closed?
Is there anything else the Lawyer should know before I connect you? Rest assured they'll be able to help with your timeshare issue.
That is the only thing we share.
My name is Jessica and I am a licensed attorney that will be assisting you with your question. I am reviewing your question and will be providing a response momentarily. I am so sorry you will be going through a divorce.
Do either of you want to keep the timeshare?
I guess we both do. Invested a lot and it is paid off.
What are our options?
First, you have the opportunity to attempt to come to an agreement over ownership.
If an agreement cannot be reached, then it will need to go to the judge, and more than likely the judge will order it to be sold since an agreement to split it cannot be reached.
OK thanks. We will do that.
I hope I was able to help resolve your issue! If you have any other questions, feel free to ask.
Jessica B
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