Church Mergers and Amalgamations Guidance
16th May 2023 | Technical Updates
The Legal & Constitutional Practice Team have asked TMCP to remind Managing Trustees about the new guidance on mergers and acquisitions under Standing Orders 605A and 942 published on the Methodist Church Website in February 2023.
Read MeReplacement Project Status – when and how is it applied?
21st Mar 2023 | Property Updates
Replacement Project Status to a project can be beneficial to Managing Trustees who wish to use the proceeds from the disposition of Methodist property to fund another project (“Replacement Project”). A common example of a Replacement Project is when one manse is to be sold to fund the purchase of another manse elsewhere in the Circuit.
Read MeFive Golden Rules of being a Trustee
7th Mar 2023 | News and Events
The Legal & Constitutional Practice Team have asked TMCP to help publicise their new resource for Managing Trustees: “The Five Golden Rules of being a Trustee“
Read MeWarning – Fake ‘Docusign’ emails
21st Feb 2023 | News and Events
Please be advised that we have been made aware that several Managing Trustees have recently received fake ‘Docusign’ emails purporting to originate from TMCP Legal.
Read MeThe 2023 Annual Data Protection Checklist
10th Feb 2023 | News and Events
Thank you to all Managing Trustee bodies who completed the 2022 Annual Data Protection Checklist (Checklist). We recognize the hard work and commitment by those Managing Trustees and their District Data Champions. It is that time of year again when all Local Churches, Circuits and Districts need to complete the 2023 Checklist.
Read MeOverage Agreements - How to Ensure Managing Trustees Obtain the Best Deal
6th Feb 2023 | Property Updates
When Managing Trustees are considering disposing of property, it is vital to consider the structure of the sale and how the Charity can obtain the best possible deal. At TMCP, we frequently see transactions where the Managing Trustees’ professional advisers are negotiating, and agreeing, to sales of property with overage provisions attached.
Read MeDealing with Bequests and Trusts when closing the Local Church
1st Feb 2023 | Money Updates
It is always a sensitive and difficult decision for the Church Council , but if the time comes when it is decided that the Local Church is no longer viable then there are decisions that the Church Council must take in relation to any trusts or bequests they hold before they have their final Church Council meeting.
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