Death Care Compliance Law

Death Care Compliance Law

Preneed: A Pandora's Box of Problems

William Stalter is the founder of Stalter Legal Services and the Preneed Resource Company. Bill focuses his law practice on preneed and death care compliance, serving banks, funeral homes, crematories, and cemeteries. He has written multiple published articles

Tag Archives: death

Church and Funeral Directors in Partnership

Posted in Churches/Ritual
We came across the Dioceses of Liverpool website some time ago when researching the income tax consequences of church sponsored preneed programs.  We had found that preneed funeral programs in England, Canada and Australia were often established and operated independent of the funeral home.  With a high cremation rate, English churches saw an opportunity to… Continue Reading

Green Gardens: an option for the city cemetery?

Posted in Cemeteries
In its past two newsletters, my local chapter of the Funeral Consumer Alliance has reported on the difficulties in finding cemeteries that permit natural burials. In the Spring newsletter, the FCA of Greater KC reported on how the Catholic Cemeteries of Northeast Kansas was reconsidering natural burials at one of its six cemeteries. In the… Continue Reading

Wisconsin Cemeteries: Who needs a fiduciary?

Posted in Cemeteries
Here is proof that readership of newspapers is going down. The Milwaukee Journal Sentinel called a few weeks back about a Wisconsin legislative bill that sought investment freedom for cemetery trust funds.  With the legislative battle that was waged a year ago in Wisconsin, we had expected the bill might represent a renewed effort to… Continue Reading

Dark Clouds and Preneed

Posted in Funeral, Insurance Funded, Preneed, Trust Funded
Not that close, even from the 30,000-foot view. That’s our assessment of the Morningstar analysis of preneed and its impact on the death care industry. In “Dark Clouds for the Death-Care Industry”, a stock analyst attempted to explain the preneed transaction, and then provide an assessment of the impact of preneed on the profitability of… Continue Reading

Will there be an Exhibitor’s hall?

Posted in Reform
Conventions and seminars provide trade associations and trade journals important sources of revenue. Accordingly, the death care industry has plenty of ‘retreat opportunities’ to choose from. However, there will be a death care convention held in Montgomery Alabama this weekend that will be off limits to funeral directors, cemeterians and their legions of industry vendors. Death care… Continue Reading

Annual Investment Reviews: the need to diversify

Posted in Fiduciary, Preneed
The ICCFA’s November Magazine included an article by Craig Martin that provides good advice for all death care trusts. Death care trusts are notoriously bad performers, and if operators are to improve investment performance they need to work more closely with their fiduciaries and portfolio managers. Mr. Martin offers 5 tips that are equally applicable… Continue Reading