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Are bona fide religious, non-profit cemeteries which sell preneed goods or preneed services required to establish a preneed trust fund?

April 26, 2017bona cemeteries fide non-profit preneed Religious sell Services

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Are bona fide religious, non-profit cemeteries which sell preneed goods or preneed services required to establish a preneed trust fund?

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Yes, any seller of preneed burial goods (such as a vault, memorial, vase, etc.) or preneed services (services in connection with burial which are sold before the buyer’s death such as opening and closing a grave) is required to establish a preneed trust fund.