Prearranged Funeral Contract with Statutory Disclosures

State:
Multi-State
Control #:
US-02561BG
Format:
Rich Text
Instant download

Description

The Federal Trade Commission's (FTC) Funeral Rule requires all funeral providers to give information to consumers to help them choose the services and products they want for their deceased relative or friend. Funeral providers must give you a general price of products and services when you ask in person about funeral arrangements and you have the right to keep this list. Furthermore, funeral providers must make price information available over the phone upon request. The funeral provider must give you any other information that is reasonably needed to select the funeral provider and funeral items you want, need, and are able to afford.

If the funeral provider charges a fee for buying "cash advance items," this must be disclosed to you in writing. Cash advance items are those goods and services paid for by the funeral provider on your behalf, such as cemetery plots, flowers, obituary notices, and clergy honoraria. You must also be notified if a service fee is added to the price of cash advance items, and if the funeral provider gets a refund, discount or rebate from the supplier of any cash advance item.

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  • Preview Prearranged Funeral Contract with Statutory Disclosures
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FAQ

If you arrange the funeral with a funeral director, you're responsible for the costs. You should ask to see a price list before choosing a funeral, or explain how much you have to spend and see what services are possible. The person who died might have paid for their funeral already. This is called a funeral plan.

With a standard funeral plan, you pay for your funeral in advance, at today's prices. You can pay the plan provider in either a lump sum or instalments.As well as the core costs of the funeral director and coffin, funeral plans will also include or make a provision for third-party costs.

If you have the money to pay for a funeral plan now, it may be a good option for you.A big boon of paying for your funeral now is that if prices do rise in future, your funeral plan is protected against inflation. For example, you buy a funeral plan costing £3,000 today, but don't die for another 10 years.

A prepaid funeral contract is a legal agreement that says you will pay now for funeral services that will be needed in the future. You can pay with money, insurance, or an investment that you own. A funeral contract may include a.

A prepaid funeral contract is a legal agreement which says you will pay now (with money or securities) for funeral services that will be needed sometime in the future. This contract may include the funeral, burial, cremation, other services and/or merchandise. A prepaid funeral contract may be revocable or irrevocable.

Make First Calls Confirm Deceased Transportation. Look for Pre-Arrangements. Arrange for Funeral Services. Confirm Cemetery Arrangements. Select Funeral and Memorial Products. Handle Estate, Financial, and Administrative Matters.

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Prearranged Funeral Contract with Statutory Disclosures