Funeral Consumers Alliance

 
  • Increase font size
  • Default font size
  • Decrease font size

Perpetual Care and Capital Gains: the government's rainy day fund?

E-mail Print

Death Care Law Blog
January 15 2012

For the past few years some Kansas cemeteries have been getting nasty grams from their regulator about their care fund trustee’s treatment capital gains taxes. Kansas like most states requires a portion of each grave space sale (interment right) to be contributed to a fund or trust for the future care of the cemetery. Kansas law calls that fund a permanent maintenance fund. Missouri law calls it an endowed care trust. In some states it is defined as a perpetual care trust.

Read the full article at Death Care Law Blog

 
Comments (1)
1 Saturday, 26 October 2013 11:28
Kathy Parkar
The cemetery needs to hire workers and cost may actually vary by day of the week. Visit

http://www.skyviewmemorialpark.com/

Add your comment

Your name:
Comment:

CAN'T AFFORD THE FUNERAL? We can show you how to bring the bill down significantly. Click here for advice