Trust Fund Meaning

State:
Multi-State
Control #:
US-C-F-1020-1
Format:
Word; 
Rich Text
Instant download

Description What Is The Purpose Of A Trust Fund

Sample of an Irrevocable Endowment Care Cemetery Trust Agreement made between the Trustee and the Funeral Establishment. An Endowment Care Cemetery Trust Agreement is a contract between a cemetery and an individual which provides for the perpetual care of a cemetery plot. This agreement typically involves the individual transferring funds to the cemetery in exchange for the cemetery's promise to provide ongoing maintenance and services for the cemetery plot. The cemetery is responsible for the upkeep of the plot, including mowing, trimming, and general landscape upkeep, as well as additional maintenance services such as monument cleaning and repair. There are two types of Endowment Care Cemetery Trust Agreements: prefunded and post-funded. Pre-funded agreements require the individual to pay the full amount of the trust upfront, while post-funded agreements require payment of a portion of the trust upfront with the balance due at the time of death. The individual's estate is then responsible for payment of the balance.

An Endowment Care Cemetery Trust Agreement is a contract between a cemetery and an individual which provides for the perpetual care of a cemetery plot. This agreement typically involves the individual transferring funds to the cemetery in exchange for the cemetery's promise to provide ongoing maintenance and services for the cemetery plot. The cemetery is responsible for the upkeep of the plot, including mowing, trimming, and general landscape upkeep, as well as additional maintenance services such as monument cleaning and repair. There are two types of Endowment Care Cemetery Trust Agreements: prefunded and post-funded. Pre-funded agreements require the individual to pay the full amount of the trust upfront, while post-funded agreements require payment of a portion of the trust upfront with the balance due at the time of death. The individual's estate is then responsible for payment of the balance.

Free preview Endowed Cemetery Meaning
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview
  • Form preview

How to fill out Endowment Care Cemetery Trust Agreement?

How much time and resources do you typically spend on composing official paperwork? There’s a better option to get such forms than hiring legal specialists or spending hours searching the web for an appropriate template. US Legal Forms is the premier online library that provides professionally drafted and verified state-specific legal documents for any purpose, including the Endowment Care Cemetery Trust Agreement.

To obtain and prepare an appropriate Endowment Care Cemetery Trust Agreement template, adhere to these simple steps:

  1. Look through the form content to make sure it complies with your state requirements. To do so, read the form description or use the Preview option.
  2. If your legal template doesn’t satisfy your needs, find another one using the search bar at the top of the page.
  3. If you are already registered with our service, log in and download the Endowment Care Cemetery Trust Agreement. If not, proceed to the next steps.
  4. Click Buy now once you find the right document. Select the subscription plan that suits you best to access our library’s full opportunities.
  5. Register for an account and pay for your subscription. You can make a payment with your credit card or through PayPal - our service is absolutely secure for that.
  6. Download your Endowment Care Cemetery Trust Agreement on your device and fill it out on a printed-out hard copy or electronically.

Another benefit of our library is that you can access previously acquired documents that you securely store in your profile in the My Forms tab. Obtain them anytime and re-complete your paperwork as often as you need.

Save time and effort preparing formal paperwork with US Legal Forms, one of the most trustworthy web services. Join us now!

Trusted and secure by over 3 million people of the world’s leading companies

Trust Fund Meaning