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Churches click here!
Church bond investments can be very different than investments such as Mutual Funds or Stocks. TMI has provided some basic information and instructions for your church bonds. Below are some frequently asked questions:
I've moved, how do I change my address with you?
My bond is maturing, what do I do?
Can I redeem my bond early?
Can the church pay off my bond early?
I've lost my certificate; can it be replaced?
I have not received my check yet, what do I do?
Can I purchase more church bonds?
Can I transfer the ownership of the bond?
Downloadable Forms:
The following forms are available for download in Adobe
Acrobat "pdf" format. To view these files, you may
download the free Adobe Acrobat reader by clicking on the icon
below.
I've moved, how do I change my address with you?
TMI requires all address changes be made in writing. You can mail, email, or fax us a letter notifying us of the new address. We request that your letter contain the names on the account, the old address and the new address, and TMI account number(s) if known, and an original signature of at least one person on the account.
You can email us at , fax us at (817) 335-8434 or mail the letter to PO Box 2288, Fort Worth, TX 76113-2288
My bond is maturing, what do I do?
If your bond is a 'Bond Registration Confirmation" or "Book Entry Certificate", then nothing is required in order to receive your maturing principal payment it will be mailed automatically. If you have a "Registered Mortgage Bond" or "Bearer Bond" then you will need to submit the certificate in order to receive payment. Your endorsement is necessary only on a Bearer Bond. Please mail the certificate to TMI at the address below; we suggest that you send the certificate via certified mail with return receipt requested. Once we have received your certificate, payment will be released accordingly.
Can I redeem my bond early?
No, your bond is issued as a "loan" to the church, therefore Trust Management cannot redeem bonds early on an individual basis. However, you can contact the broker with which you purchased the bond, and see if it can be sold on a secondary market by the broker.
Can the church pay off my bond early?
Yes, the church has the option to pay off their loan at anytime. They can pay off small portions at a time or they can pay off the entire loan. If the church chooses to Call & Prepay part or all of their issue, a letter will be mailed to you fifteen days prior to the Call. At that time, you will be requested to submit your bonds if it is not a Bond Registration Confirmation.
I've lost my certificate; can it be replaced?
If you had a Bond Registration Confirmation or Book Entry Certificate, simply contact Customer Service and request that it be reprinted. However, if you had a Registered Certificate or Bearer Bond then you will need to send a written letter to TMI notifying us of the misplaced certificate, then you will contact any insurance company licensed to do business in the state of Texas, and obtain a Lost Instrument Bond or Surety Bond. Once the Lost Instrument bond is issued, then mail the original to TMI and new Registered Certificate will be issued.
I have not received my check yet, what do I do?
If your check has not been received after ten business days from the checks mail date, then contact Barbara James at (817) 335-2933 ext 526. A stop payment will be placed on the original check and we will begin replacement of your lost check.
TMI does offer the option to have your checks direct deposited into your bank account. Simply send us a written letter requesting direct deposit. You letter must contain your TMI Account Number(s), your name and address, the banks name and address, the routing and account number for your bank account and an original signature of at least one person on the account.
Can I purchase more church bonds?
Yes, but not through Trust Management. You will need to contact your broker or you can contact any church bond underwriter to purchase more bonds. However, TMI may or may not be the trustee for the issue. For a listing of church bond underwriters,
contact Customer Service at (800) 580-2933.
Can I transfer the ownership of the bond?
Yes, procedures for transferring certificates can vary depending on the state you live in. Normally transfers can be completed within two week of receipt by TMI. Transfers received within record date, which is 15 days prior to issue's payment date, will be processed after the payment date.
Below are basic instructions for transferring ownership of the bond:
- Fill out the backside of the bond(s) or confirmation(s); enter the new owner's name, address and Social Security Number.
- Authorized signers must sign and have the bond Signature Medallion Guaranteed. Signature Medallion Guarantee's can be obtained at National Banks, Credit Unions, or Brokerage Firms.
- Attach required documentation * , as outlined below.
- Include Transfer fee(s) of $10.00 per new certificate created.
- Mail originals to TMI via certified mail with return receipt requested.
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Required Documentation * :
Required documentation varies depending on the state in which you live in. Below is basic required documentation for transferring bond ownership. If additional paperwork is required, TMI will notify you accordingly.
- Transfer due to death of individual owner: If the bond is owned by one person and that person dies, then the executor of the estate will need to get his/her Signature Medallion Guaranteed on the bond. Along with the bond, you will need to provide:
- Certified copy of the death certificate
- Letter of Testamentary or Administration dated within 60 days of the
transfer
- A copy of the will, or an affidavit of heirship.
- Affidavit of Domicile (see downloadable forms at top)
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- Transfer due to death of one Joint Owner: If the bond is owned by two persons as JT TEN or JT WROS and one tenant dies, then the surviving tenant will have his/her signature medallion guaranteed. Along with the bond, you will need to provide:
- A certified copy of the death certificate
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- Transfer due to death of Trust Owner: If the account is registered as a Trust and the main trustee dies, then the successor trustee will have his/her signature medallion guaranteed. Along with the bond, you will need to provide:
- A certified copy of the death certificate.
- Copy of the Trust Agreement, showing the Title Page, designation of Trustees
page(s), and signature page(s)
- Affidavit of domicile (see downloadable forms at top)
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- Transfer due to death of UGMA Custodian: If the account is an UGMA account and the custodian dies and the child is under legal age, then the successor trustee will have his/her signature medallion guaranteed. Along with the bond, you will need to provide:
- Certified copy of the death certificate
- Court document appointing successor trustee.
- Affidavit of Domicile (see downloadable forms at top)
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- Transfer of UGMA account after child becomes of legal age: If the account is an UGMA account and the child attains legal age, then the custodian will have his/her Signature Medallion Guaranteed. Along with the bond, you will need to provide:
- Copy of Birth Certificate or Driver's License showing child's age.
- Affidavit of Domicile (see downloadable forms at top)
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- Transfer of individual or Joint Account into a Trust: If the account is registered in an individual's name, then he/she will have their Signature Medallion Guaranteed. If the account is registered in Joint names, then all persons need to have their Signature Medallion Guaranteed. Along with the completed bond, you will need to provide:
- Copy of the Trust Agreement, showing the Title Page, designation of Trustees
page(s) and signature page(s)
- Affidavit of Domicile (see downloadable forms at top)
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Trust Management, Inc.
901 Summit Avenue
Fort Worth, TX 76102
Tel: (817)335-2933 Fax: (817)335-8434
E-mail:
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