Cooperative Funeral Fund, Inc.
Cooperative Funeral Fund, Inc. as a funding mechanism for Preneed
Funeral Contracts in Massachusetts.
Note that the regulations, 239 CMR 4.00, changed in February
2004. Under the regulations in effect 1992-2003 either the
funeral home or a bank or trust company could be trustee of a funeral
trust. If the funeral home was trustee, then the money could only
be put in an insured bank deposit account.
The 2004 regulations allow only a bank or trust company to be trustee.
1992 Regulations PDF image
2004 Regulations HTML [on
Board's web site]
Follow-up questions and CFFInc response
Information compiled by Funeral Consumers Alliance of Eastern
Massachusetts, a d/b/a of The Memorial Society, Inc., 66 Marlborough
St., Boston, MA 02116
[page last updated 2005-07-11]