<prompt> Human: Hey all, Dumbed down summary: My Nana wishes to gift me her timeshare she is older and harder to travel now. Located in Kauai, Hawaii. Poipu area. Duration is a week. Yearly fees are about 1,300. She normally banks the points and then uses them to go to Europe, etc. From the photos the place is really nice. To rent a comparable place, it would cost more than the fees. I make enough that the 1,300 isnt a concern.But with so many people paying money to unload their timeshares it has me nervous, even though she has been nothing but happy with it.Thoughts?Need more details?Thank you for any and all help.Assistant: Timeshares are like buying an RV. The vast majority end up not using it and have something that costs thousands a year to maintain. But does that mean that ALL find timeshares or an RV useless?No, and to some a timeshare or an RV works out great. You just have to determine whether it benefits YOU!!Just keep in mind you are paying 1300 a year. Are you CURRENTLY spending at least 1300 a year to travel? If not then this isnt for you. Just put 1300 into a separate account each year and you will ALWAYS have plenty of money to travel. But if you ARE going to Europe every year and like to travel then it MIGHT be beneficial.I, personally, think timeshares RARELY are beneficial and I wouldnt want that obligation of 1300 every year. But you might be different. Human: Are you CURRENTLY spending at least 1300 a year to travel?Yes.  <response>: So then you have to ask yourself if you want to go where this timeshare is every year and if so, does it cost 1300 to go there. If you had 1300 and wanted to go there, where could you stay for 1300? Could you stay someplace comparable for less? 