{"id":13115,"date":"2025-06-01T06:00:29","date_gmt":"2025-06-01T11:00:29","guid":{"rendered":"https:\/\/legaltalktexas.hammerle.com\/?p=13115"},"modified":"2025-06-18T11:51:05","modified_gmt":"2025-06-18T16:51:05","slug":"timeshares-and-guardianship","status":"publish","type":"post","link":"https:\/\/hammerle.com\/legaltalk\/adult-guardianship\/timeshares-and-guardianship\/","title":{"rendered":"The Scourge of Timeshares: Vacation Interests Cause Problems When It\u2019s Time to Exit"},"content":{"rendered":"

Today\u2019s word is \u201ctimeshare.\u201d<\/span><\/p>\n

Wait \u2013 did you hear that? That ominous minor chord of impending doom that blared out when I said \u201c<\/span>timeshare<\/span><\/a>.\u201d<\/span><\/p>\n

There it is again.<\/span><\/p>\n

It\u2019s not that I have anything against timeshares in theory. They are marketed as exclusive, beautiful resort properties that are available to you at your slightest whim for a fraction of the cost.<\/span><\/p>\n

It\u2019s just that I oppose timeshares in practice. Why? To explain, I will talk about timeshares in the context of a <\/span>Texas guardianship<\/span><\/a>.<\/span><\/p>\n

Understanding Texas Guardianship<\/span><\/h2>\n

Guardianship, as you know, is a court-created relationship when someone \u2013 <\/span>the ward<\/span><\/a> \u2013 has been found to be incapacitated and there is no reasonable alternative to removing that person\u2019s rights and giving them a guardian.<\/span><\/p>\n

A guardian of the estate is the court-appointee who handles the ward\u2019s financial interests. The ward\u2019s financial resources must be used prudently. One of the guardian\u2019s duties is to evaluate the ward\u2019s assets and decide whether retaining that property is in the best interests of the ward\u2019s estate.<\/span><\/p>\n

Types of Assets<\/span><\/h3>\n

Assets come in many flavors. There are:\u00a0<\/span><\/p>\n