The Funeral Director Daily recently wrote about the Evergreen Cemetery Association in Brainerd, Minnesota. Like so many cemeteries, Evergreen is running a deficit and its board is worried about the future. The Funeral Director Daily suggests the situation cries out for a relaxation of government restrictions over the Association’s care fund. If the cemetery could
fixed distributions
Cemetery Care Funds: Virginia and Georgia Join the Unitrust Movement
By Bill Stalter on
Posted in Care Funds, Cemeteries
Effective July 1st, the cemetery laws of Virginia and Georgia are each amended to authorize fixed distributions from cemetery perpetual care trusts. They join Florida, Tennessee, Michigan, Missouri and Iowa in embracing some form of the unitrust option for cemetery care fund distributions. The unitrust option is a dramatic departure from the net…