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2014 prepaid funeral and cemetery sales act annual report - michigan

2014 prepaid funeral and cemetery sales act annual report - michigan-2025

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The document is the 2014 Annual Report for the Prepaid Funeral and Cemetery Sales Act, mandated by the Michigan Department of Licensing and Regulatory Affairs. It outlines the requirements for registrants to submit their annual report by July 15, 2015, including necessary attestations by a licensed CPA. The report includes schedules for escrow analysis of prepaid contracts, compliance disclosures, and procedures for contract assignments. It emphasizes penalties for non-compliance and provides instructions for filing sworn statements or extension requests.

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Click ‘Get Form’ to open the 2014 Prepaid Funeral and Cemetery Sales Act Annual Report in the editor.
Begin by filling out the Registrant Information section. Enter your name, Michigan Prepaid Registration Number, and contact details accurately.
Proceed to Schedule A for Prepaid Contract Escrow Analysis. Input the total number of prepaid contracts sold and outstanding as of December 31, 2014, along with the corresponding amounts held in escrow.
If applicable, complete Schedule B for Cemetery Merchandise. Ensure you only report relevant contracts and funds as specified in the instructions.
Fill out Schedule C regarding contract assignments. Answer all questions truthfully about any contracts assigned or assumed during the year.
Complete Schedule D for Compliance Disclosures. Address each question carefully to ensure compliance with the Act.
Finally, sign and date the document at the end of the form. Ensure that all required signatures are included before submission.

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What is the Michigan prepaid Funeral and cemetery Sales Act?

Michigans Prepaid Funeral and Cemetery Sales Act permits anyone to sell funeral goods and services on a pre-arranged basis, if they register and become certified as a seller with LARA.

What are the burial laws in Michigan?

AN ACT to regulate the sale and providing of funeral and cemetery merchandise and services and other related interests; to regulate the use of funds received by sellers and providers of certain merchandise, funeral and cemetery services, land or interests in land, and related other interests; to prescribe certain

Can you prepay for cremation in Michigan?

Yes, you can prepay for cremation just as you would purchase a prepaid funeral plan. You can work directly with a funeral home to arrange your cremation, or you can purchase burial insurance so that your loved ones will have the available money to make the arrangements you want.

What is the Michigan cemetery Act?

AN ACT to regulate the creation and management of cemeteries; to provide for a cemetery commissioner and to prescribe the powers and duties of the commissioner; to require the registration and audit of cemeteries; to provide standards regarding the long-term care of certain cemeteries and trusting of certain funds; to