Editor’s Note. This video is part of the Advantage Membership. Learn more on how to become an Advantage Member or upgrade your membership.
Church mergers—already increasingly popular throughout the country in recent years—may draw even more interest in 2021. Some congregations face financial struggles and uncertainties compounded by the COVID-19 pandemic. Others want to expand their ministry presence and effectiveness further, rebalance the scales between the size of their facility and the current needs, or make other adjustments as the needs inside and outside of their congregations only continue to grow.
Attorney Erika E. Cole, a Church Law & Tax senior editorial advisor, has observed these trends firsthand through her practice serving churches. The author of a new four-part article series guiding churches on mergers, Cole presents this webinar exclusively for Advantage Members to explore how leaders contemplating one should carefully approach key legal and ministerial questions.
Overview:
- The process most effective to evaluate a merger opportunity from start to finish;
- The documents needed for merger evaluation and execution;
- The types of decisions needed to make certain a merger makes sense—and goes according to expectations; and,
- The specific steps to take to successfully complete a merger.