Frequently Asked Questions
 

Is this a service of the church?

Yes. The church and the Presiding Bishopric are fully supportive of this service. As a part of the stewardship of temporalities our increased education and skills at handling our financial resources is essential to our well being as well as that of our families and Community of Christ.

Are you priesthood members?

Yes. As executive ministers for Community of Christ priesthood is required.

Are you available to meet privately with individuals?

Yes. We welcome the opportunity to meet with individuals in their homes or other convenient place. This provides a sense of comfort and confidentiality to the meetings. Meeting in member’s homes allows for quick and easy reference to financial information and files.

Are you commissioned salespeople?

No. We are employees of Community of Christ and are compensated by the church. We do not receive a commission for our services nor will you ever receive an invoice for our services.

What services are available for congregations and branches?

We are available to conduct workshops and seminars covering many aspects of financial planning. We cover such topics as cash management, insurance needs, tax and investment planning, retirement, and estate planning. We also can help individuals and local jurisdictions understand the process and opportunities for creating and managing endowments. Our presentations can be adapted so that the specific needs of each jurisdiction can be met. We offer one- or two-day presentations or week-long classes in a reunion setting. Whatever the need, we can adapt to meet it. When we come to your area, we can assist in the worship activities as well.

How confidential is the information I share with you?

All information and discussions with you are kept in strictest confidence.

Do you sell financial products like insurance, investments, or mortgages?

No. Because we are not selling anything we can be objective when talking to you about your financial situation. We do not give advice, we educate. Helping you understand financial principles better will help you make better decisions.

Can you assist us with a will or trust?

Yes. While we cannot prepare the will or trust document, we are available to assist you with determining what you need in a will or trust. We can help you understand which would be better in your unique situation. We can help you find a local attorney to help you create a will or trust if you do not currently have an attorney working for you. We can also advise you with working with a national organization in the creation of a living trust if that is your desire.

How much time is involved?

This really depends on the size of your estate and the complexity of your plans. It helps to have done some preparation ahead of time. Having an idea of your spending habits and what you have in the way of financial assets can be a great help in discussing your concerns and preparing a plan of action. Usually we spend only a portion of a day with families we visit. Of course, this can be shorter or longer depending on your unique situation. When you contact us, we can usually determine this in advance so we can schedule the right amount of time.

How much will it cost?

There is no charge from the church for our services. Costs you might incur otherwise would be the workbook for the workshop ($20 USD) plus any legal fees for preparing your will or trust or any other legal documents. In addition, the services of any legal, tax, or certified financial advisor may come with a cost attached. As we work with you, we will help you understand the potential for these costs.

Are these services available in countries other than the United States?

Yes. Currently Canada is the only other country where the Estate and Financial Planning provides service. Due to the uniqueness of each country’s financial laws there may or may not be a need to provide our services in every country were the church is active. We are, however, looking into the viability of providing this unique ministry in other countries and we will announce this as it takes place.

How do I contact Estate and Financial Planning?

A representative from Estate and Financial Planning is available to work with you. Contact us at efp@CofChrist.org, or call 1-800-884-7526 (1-877-526-7526 in Canada).