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When the Federal Reserve recently announced the end of the quantitative easing program, it did so with a hint that any increase in interest rates could be a considerable time off.  Several global factors may now cause interest rates to remain at unprecedented lows for longer than what the Fed had suggested last December.  As…

Our prior blog post discussed the NPS Special Deputy Receiver’s motion for a ruling on two crucial legal issues.  Doug Cassity was appalled that the SDR would attempt such an unbelievable slight of hand on the Federal court, and filed his own response.  According to Mr. Cassity, the SDR has cited the court to the…

In anticipation of a February trial date, a group from the fiduciary bank defendants has filed a motion for summary judgment in the Federal court that will try the NPS civil lawsuit.  The intent of the summary judgment request is to narrow the scope of claims made by the Special Deputy Receiver.  The pleadings filed…

A few weeks ago, we discussed the need to offer to consumers new preneed funding options, and outlined the various administrative hurdles faced by funeral homes that rely upon trust funding. (Preneed Trust Options: Administrative Limitations) With this post, we will examine how the non-guaranteed option impacts tax allocations and makes spreadsheet administration…

The remaining members of the Cassity clan have filed motions in opposition to the dismissal of Doug Cassity from the NPS civil lawsuit.  Rhonda Cassity and Tyler Cassity argue that they too are the victims of Doug’s scheming and fraudulent conduct, and that good ole’ Dad should be compelled to testify, and held accountable.

The…

The Memorial Business Journal’s July 10th story on the NFDA 2014 consumer survey included a commentator’s suggestion that preneed funding has declined because so few options are offered the consumer.  The story’s commentators interpreted the decline in preneed funding as reflecting fewer consumers being motivated by price guarantees, and those that might be, need…