Cemetery Trust Agreement Format
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FAQ
Related Definitions Endowment care cemetery means any cemetery, the authority of which does, or represents to the public that it does, collect funds for the purpose of caring for, maintaining, or embellishing the cemetery to preserve it from becoming unkempt or a place of reproach and desolation.
An endowment fee is a dollar amount added onto the property cost of a cemetery agreement. Many states?including California?require this fee to be included in your total bill.
Endowment care means the general care and maintenance of developed portions of a cemetery and memorials erected thereon financed from the income of a trust fund.
Some cemeteries also sell ?endowed? or ?perpetual? care services. This means the buyer pays money to the cemetery and the cemetery holds that money and invests it.
Non-endowed cemeteries leave to the good will of the descendants and local governments the upkeep of the cemetery. Some states have laws that require municipal governments and townships to take care of non-endowed cemeteries within their jurisdiction.