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Issues with pre-paid funeral trusts

Trusts and Estates

Issues with pre-paid funeral trusts

From time to time private client lawyers are called on to act in disputes about how dead bodies should be disposed of and what form a funeral should take, but who pays for the funeral and by what mechanism is not usually something on which their opinion is sought. However, the imminent regulation of the pre-paid funeral market is forcing all pre-paid funeral providers to assess their practices, and in particular the manner in which performance of their obligations to customers are secured. Where a trust has been used to secure such obligations or is to be used in a new scheme, specialist advice is essential.

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