What happens should there be any money remaining from a prefinanced funeral product once death occurs and payment has been made to the funeral home?
It belongs to the next-of-kin–except in cases of irrevocable trusts if the individual was receiving assistance at the time of death (where any remaining money would go to the agency providing assistance–such as the Kansas Department of Social and Rehabilitation Services, SRS.) The method of reimbursement would depend on the prefinanced product (insurance, trust . . .) and if an estate/probate court was involved.
