The Missouri Preneed Trust: What were you thinking?

Investment markets are down, and preneed trusts are hurting.  But one Missouri preneed trust is probably hurting more than others.  When the Missouri Funeral Directors and Embalmers Association cheerfully announced the acquisition of the Missouri Preneed Trust program by its own MFT, we were shocked.  The Missouri

With this post we are returning to the misstatements made by the Missouri Funeral Directors and Embalmers Association in their May video explaining preneed portability.  At minute 10:18 of the MFDEA video, the association attorney advises that Chapter 436 only allows transfer of preneed contracts to funeral homes licensed by the Missouri State Board.  Employing

Late in 2021, PNC Bank threw in the towel.  After years of litigation and two appeals, PNC Bank agreed to a settlement with the NPS special deputy receiver.  Last month, our Illinois clients began receiving POC notices from the SDR that a portion of their claims for inflation would be honored.  Payment of funeral home

A few weeks ago the Missouri Embalmers and Funeral Directors Association posted a YouTube video explaining their take on preneed portability under Missouri law.  The MFDEA frequently posts videos in response to industry queries, and for the association to spend 37 minutes on portability suggests that it is fielding numerous requests from MFT providers.  The

Dear Senator Schatz,

We appreciate that your Senate Appointment Committee has a packed hearing date for April 20th.  So, the Missouri funeral industry not represented by the Missouri Funeral Directors and Embalmers Association requests a single question be asked of Ms. Solon:

If confirmed as executive director of the Division of Professional Registration

When an Association Press story broke a few months ago, the MFDEA response was to suggest that the reporter had been influenced by individuals who were anti-Governor Parson and anti-Division.  But the reality is that funeral directors opposed to Ms. Solon’s actions are supporters of Governor Parson.  Multiple parties reached out to the Governor to

MFDEA members like one past president have written to the Governor to commend the Division acting director for having put an end to the State Board’s “photographic surveillance” of funeral homes.  This past president of MFDEA stated that instead of actually inspecting the funeral home, the Board inspectors were taking pictures which were then reviewed