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 834KB

2004 Regulations HTML [on Board's web site]

Information Package

Complete contents of an information package sent to an inquiring funeral home in August 2004.
All documents here are PDF image files except as noted.

Cover Letter


Funeral Services Agreement  (2 pages of 6 pt type)  [this is the 3-way agreement between the funeral home, CFFInc, and Wachovia Bank]
        enlarged version   (8 pages of 12 pt type)

Preneed Agreement   [August 2004 version] [this is the agreement between the funeral home and the purchaser]
        enlarged version of page 2
Preneed Agreement  [later revised version with references to 10% fee removed]

Update Form/Claim Certificate

Sample Monthly Statement (names redacted)

Sample Receipt Letter

Sample Cover Letter sent with annual tax form

Follow-up questions and CFFInc response

email to Mark Mannix  [HTML,  November 22, 2004]

Financial Report CY2002, CY3003 + letter from Mannix  [December 1, 2004] [this is a report for the escrow account for the funeral home as named trustee under the pre-2004 regulations] [note that the money is said to be in treasury bonds, not in a bank deposit account, and that the report is not auditied]

Funeral Monitor Articles

Lawsuit, CFFInc v. Board of Registration in Embalming and Funeral Directing

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]