When a cemetery operator and the regulator get crossways with each other, the threat to close the cemetery is often countered with the question of whether the regulator is going to step in and perform the burials. And when the regulator sticks to his/her guns, the results are often similar to that seen in Dunkirk
The economy has preneed regulators concerned about depository accounts used for preneed funding. A story reported in the Atlanta Journal-Constitution underscores the reason for this worry. When a funeral home fails, consumers have little chance of defending the depository account from creditors’ claims. Insurance and trusts offer the consumer better protection when the creditors come knocking.