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PRE-NEED CONTRACT ADDENDUM NAME OF FUNERAL ESTABLISHMENT TELEPHONE NUMBER ADDRESS CONTRACT IDENTIFICATION Optional For case in identifying contracts you may use any form of identification such as family name social security number etc. Section 7-405 of the Maryland Morticians and Funeral Directors Practice Act Md. Code Ann. Health Occ. 7-101 et seq. the Act provides that 100 of the cost of services at least 80 of the cost of a casket or casket vault and 100 of the cost of all other goods under a Pre-Need Contract shall be placed by the Seller of the Pre-Need Contract into a FDIC insured interest bearing escrow account. Under this preneed contract the parties agree that the seller will place all moneys received under the contract in the trust or escrow account established under this contract. PRE-NEED CONTRACT ADDENDUM NAME OF FUNERAL ESTABLISHMENT TELEPHONE NUMBER ADDRESS CONTRACT IDENTIFICATION Optional For case in identifying contracts you may use any form of identification such as f....

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How to fill out the Preneed Contract Addendum Md Form online

The Preneed Contract Addendum Md Form is essential for outlining the terms of prearranged funeral services in Maryland. This guide provides step-by-step instructions to help you complete the form accurately and easily.

Follow the steps to fill out the Preneed Contract Addendum Md Form online.

  1. Press the ‘Get Form’ button to obtain the form and open it in your preferred editor.
  2. Enter the name of the funeral establishment in the designated field.
  3. Input the telephone number of the funeral establishment in the specified area.
  4. Fill in the address of the funeral establishment, ensuring all details are correct.
  5. In the contract identification section, provide any form of identification for easy identification of contracts, such as family name or social security number.
  6. Review the terms outlined in the agreement, especially regarding the escrow account, to understand the obligations of the seller.
  7. Detail the total cost, percentage escrowed, and amount to be escrowed for services, casket or casket vaults, and other goods in the respective sections.
  8. Acknowledge your understanding of the addendum by signing and dating the form as the buyer.
  9. Provide the signature and date of the seller (licensee on behalf of the funeral home) to finalize the contract.
  10. Once all fields are completed, review the form thoroughly, then save changes, download, print, or share the completed document.

Start filling out your Preneed Contract Addendum Md Form online today!

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In general, a seller does not have to agree to a Preneed Contract Addendum Md Form. However, if both parties reach a mutual understanding through negotiation, the seller can agree to the addendum terms. It's essential to have open communication and ensure that both sides comprehend the implications of the addendum. If you need guidance, consider using the resources available at US Legal Forms to help navigate this process.

Prepaying a funeral can be a wise choice for many individuals. It allows you to lock in current prices, which can help alleviate financial stress for your loved ones in the future. Furthermore, a preneed contract provides clarity about your wishes, preventing uncertainty during a difficult time. By using the Preneed Contract Addendum Md Form, you can document your preferences effectively.

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