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: litigation

The IFDA: Charting a Correcting Course

Posted in IFDA
As reported by the Memorial Business Journal*, the Illinois Funeral Directors Association has taken back the helm. For the past three years, the IFDA has been a floundering ship in risk of sinking. The master trust that paved the Association’s growth, has been threatening to bring it down. The IFDA took a crucial step to… Continue Reading

Comptroller: It’s Not My Call

Posted in Funeral, IFDA, Preneed
For a brief period, the Illinois Comptroller posted a notice that sidestepped the inquiries made by funeral directors about the application of their Merrill Lynch settlements. The OIC website has since be revised. One of the inquiries to the OIC may have involved whether the settlement funds could be applied to the litigation costs for… Continue Reading

The Next Twist in the IFDA/Merrill Lynch saga

Posted in Funeral, IFDA
The Springfield Journal-Register reported last week on the latest lawsuit to hit Merrill Lynch, the IFDA and the law firm that represented the Association. One aspect of the lawsuit focuses upon the claim that the key man insurance policies sold to the master trust were not suitable investments. Without an insurable interest, the policies could… Continue Reading

Caught in a crossfire: the IFDA

Posted in Preneed
It didn’t take long for an Illinois funeral director to confirm that IFDA members have disagreements with their association leadership.  Several Illinois funeral homes filed a lawsuit in Cook County Circuit Court on January 28th.  The petition, a derivative complaint, seeks remedies and damages on behalf of all Illinois funeral homes that participated in the IFDA master trust.  Various… Continue Reading