Civil Litigation
Feb. 27, 2024
Cases could redefine funeral homes' financial obligations
The cases come at a pivotal time for the industry, as an aging U.S. population and a generation of nearly 72 million baby boomers should be leading to a yearslong boom in the funeral business.
Two cases before the 3rd District Court of Appeal could redefine the financial obligations a funeral home has when a customer buys items and services long before they die. One of the two cases argued Monday involves a “preneed” purchase made by a woman who has since lived more than 30 years.
California law requires funeral services providers to place funds paid for preneed funeral services into a financial trust until someone dies. But i...
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