What Are My Record-Keeping Obligations if I Offer Prepaid Funeral Service Contracts?

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All Prepaid Funeral Service Contracts must be kept for six (6) years after completion of the contracted services.

You must maintain a list of all escrow accounts associated with each Prepaid Funeral Service Contract. This list must include:

  • Name and address of the escrow agent
  • Amount of funds deposited with the agent
  • Name and address of the purchaser of the Funeral Service Contract.
  • The law requires a funeral home to disclose this information to the Dept. of Public Health, DCP, and the Office of the Attorney General upon request.

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