1 John 4:9 In this was manifested the love of God toward us, because that God sent his only begotten Son into the world, that we might live through him.
This website is dedicated to showing churches how to love and honor Christ by remaining under Him only.
This ministry receives many inquiries from pastors and other believers requesting help with setting up a common law or “Bible” trust relationship with property. This type of trust, a non-legal entity, is a Bible concept that is recognized and honored in American law. When properly implemented, its use not only corresponds with Bible principles but also is recognized in American law as a non-legal entity. It allows a church who is careful not to act legally in any way to remain a spiritual entity under the Lord Jesus Christ only without persecution.
A church who implements the common law “Bible” trust is not organizing as a trust. She is establishing a fiduciary relationship with property (which includes money) whereby a trustee has a duty to manage the property held in trust, not for his or the church’s benfit, but for the benefit of the true owner of the property, the Lord Jesus Christ.
Not everyone can apply the concept properly. First, one must know how to establish the trust relationship. Then, the trustee of the trust must know how to apply the concept without misstep as he opens a trust bank account, purchases vehicles to be held by the trust, purchases trust property to be used by the church for a meetinghouse, gets liability insurance on that property, sells trust property, or takes some other action with regard to the trust or trust property.
If you do need help, e-mail or call the ministry. When it is settled that you want help and that this ministry may be able to provide that help, the ministry will send you:
- A letter.
- “Policies, Procedures, and Guidelines.”
- Questionnaire 1.
Once you return the completed Questionnaire 1, the ministry will give you a call and discuss matters of concern, if any. After the ministry determines that you are ready to go forward from that point, the ministry will mail to you Questionnaire 2. The purpose of that Questionnaire is to determine whether you have a basic understanding of important matters.
From there, if you and the ministry agree that you are ready to proceed with establishing a trust, I continue to help you as you execute documents, open a bank account (if you wish to do so), and with other matters.
Even after the execution of documents, you must always remember that you should do nothing without consulting the ministry. For example, two trustees opened trust bank accounts recently without consulting this ministry. They made mistakes which will take some time to correct. Again, even though you may understand the documents which you have executed, you will not understand all the ins and outs of how to proceed from there regarding opening a bank account with either a social security number, steps in purchasing property for a meeting house and obtaining property tax exemption on that property, etc.
May the Lord richly bless you and your church family as you seek to glorify him. This ministry is here to help you in carrying out your responsibility to keep the church you are a member of completely under Him according to New Testament Bible principles.
For His Glory,
JERALD C. FINNEY
BAB, HB, BBA, JD
801 Elgin St.
Amarillo, TX 79118
Phone : (512) 785-8445