Funeral homes will have to cover some losses from troubled Wisconsin Funeral Trust

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Wisconsin State Journal
October 14, 2012

Consumers worried about being cheated out of death investments probably will get what’s coming to them, but their funeral home directors will get less than 70 cents on the dollar to cover their costs, the court-appointed receiver for the troubled Wisconsin Funeral Trust said Friday.

Thousands of Wisconsin residents who thought they had taken steps to afford their funerals by buying a low-risk investment that paid off at their death — and hundreds of funeral home directors who thought they had locked in customers for that very service — are in premature mourning.

Read the full article in the Wisconsin State Journal

Thanks to the HVCC Mortuary Science Alumni & Student Assoc for alerting us to this article.

 

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