2021 Pre-planning, Pre-paying, Pre-paring: What You & Your Client Need to Know About Chapter 436 Pre-need Funeral Contracts

What you will learn: 

Status of the NPS (the bad company) Receivership, what if your client has an NPS plan? Could it happen again? 

• Who is who on a preneed plan (hint: it is confusing) 
• What happens to a person's preneed funds? 
• Who is in charge of the preneed money? 
• Insurance, Joint Accounts, Trusts 
• Guaranteed vs. non guaranteed contracts
• Interest and earnings - who gets it? 
• "Spend-downs" and Chapter 208
• Transferring contracts between funeral homes
• Cancelling funeral plans 
• Refunds, when you can and (very often) when you can't! 

Speaker: Donald C. Otto, Jr., Missouri Funeral Directors and Embalmers Association, Jefferson City 

Note: This material qualifies for self-study credit only. Pursuant to Regulation 15.04.5, a lawyer may receive up to six hours of self-study credit in a reporting year. Self-study programs do not qualify for ethics or elimination of bias credit. Self-study does NOT qualify for Kansas credit.