NAEPC Webinar: Complimentary Sponsored Webinar: Sold a Dream, Woke Up in a Nightmare: Educating Your Clients about a Timeshare’s True Costs
Presented by National Association of Estate Planners & Councils
Wednesday, October 17, 2018
12:00pm - 1:00pm ET
Speaker: Chuck McDowell, President and CEO of Wesley Financial Group, LLC
Over 9.2 million U.S. households own a timeshare product, but the vast majority are unsatisfied with what they’ve purchased, unhappy about additional fees, or generally unsure of what their signed contract entails. The timeshare industry’s sales volume rose from 9.2 billion in 2016 to 9.6 billion in 2017, nearly a 4% increase and more than a 26% increase since 2013. Millions of dollars are spent luring potential buyers to “own the dream” and giveaways include “free” vacations, gift cards, or meals. When guests collect, they are often greeted with unethical, high pressure sales practices that are standard and abundant in the timeshare industry. Often times, new (and existing) owners find themselves facing gigantic interest rates, rising maintenance fees, additional usage fees, and ownership in perpetuity clauses in contracts—which many feel leaves them “stuck.” The timeshare industry leaves many vulnerable Americans left with a large, openended, recurring bill, often to the detriment of their overall livelihood, as well as creating ongoing financial obligations for themselves and their heirs.
Chuck McDowell was born and raised in Tennessee where he attended Mt. Juliet High School and Middle Tennessee State University. He has spent the last 30 years focusing on serving others and running his own businesses. Chuck started his first company in 1982 and spent time as a stock broker for Pru-Bache during the mid 80s. He later embarked on the insurance industry before becoming a sales representative for a timeshare company. It was at that timeshare company that Chuck realized the industry is not what he thought it was. After discovering the many deceitful tactics the timeshare industry encourages, Chuck left the industry to work on the other side, fighting for consumer rights. He soon served as the CEO for a timeshare advocacy group that is considered to be the pioneer of the timeshare cancellation industry. Just before forming the Wesley Financial Group, LLC, Chuck was the Vice President of operations at the second timeshare advocacy firm for which he worked. Chuck McDowell is the President and CEO of Wesley Financial Group, LLC.
The Robert G. Alexander Webinar Series was launched in September 2013 to provide estate planners with accessible, high quality, multi-disciplinary and supplemental education. Programs are available live and on-demand (to watch at your leisure) and typically take place on the second Wednesday of each month at 3:00 pm ET.
Registration Options & Fees
Registration is available for individual webinars or by purchasing a yearly series subscription, which offers acccess to all of the programs scheduled during the calendar year for one low price. All webinars can be viewed on the live date and time or following the program by using an automatically-generated replay link.
|$40||$280 ($360 value)||Accredited Estate Planner® designee or Estate Planning Law Specialist certificant|
|$40||$280 ($360 value)||Junior/Student (available to a Junior or Student member of an NAEPC-affiliated council or one who is in the process of attaining the AEP® designation by virtue of being enrolled in either the required or an elective course offered by The American College|
|$60||$420 ($540 value)||Member of an affiliated local estate planning council or at-large member of NAEPC|
|$100||$700 ($900 value)||Non-member|
|$250||$1,125 ($2,250 value)||Council meeting / group gathering (one feed to be shown in a single location to a group that has gathered together)
Additional feeds available for $25 per feed per webinar by contacting us after the initial registration
How to Register
- To register for an individual program, please click on the "register here" option associated with the program you wish to attend.
- Register for the series
Continuing Education Credit
Continuing education credit is available at most webinars for Accredited Estate Planner® designees. In addition, a general certificate of completion will be made available for those professionals who feel the program satisfies their continuing education requirements and are able to self-file. It is the responsibility of the attendee to determine whether their state, discipline, or designation will allow one to self-file for a distance-learning program. Please contact firstname.lastname@example.org prior to attending your first program if you have any questions with regard to the availabililty of credit..