Category Archives: Contracts

Prepaid Funeral Services

Have you bought or are you thinking about buying a preneed funeral and cemetery contract? With preneed contracts, you pay a company in advance for funeral and cemetery merchandise and services. A recent Alabama Supreme Court case deals with such a company that went out of business. The preneed company is supposed to keep funds in trust to pay for the funeral when the contract buyer dies. However, as is sometimes the case, this company did not. So consider the financial stability of the preneed company before you purchase. See, Supreme Court of Alabama, Oct. Term, 2014-15, 1130604, Corner Stone Funeral Chapel, Inc., v. MVGF, LLC, Appeal from DeKalb Cir. Ct., CV-09-900101).