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National Funeral Home: Funding of Funeral Home Clients Received
Grenada, Miss.— The Estate of Carl Latham has fully funded pre-purchased sales of funeral goods and services of National Funeral Home located in Grenada, Mississippi.
On Friday, January 22, 2016, the Secretary of State’s Office received confirmation of the funding from the trust services company utilized by the funeral home. Mr. Latham’s estate deposited $367,193.12 in trust on behalf of eighty-six (86) clients who purchased pre-need funeral goods and services from the funeral home. This funding makes whole all of the pre-need clients of National Funeral Home known to the Secretary of State’s Office.
A pre-need purchase, sometimes referred to as a pre-planned or pre-arranged funeral, is any purchase of funeral goods and services made by the living to be provided at the time of death.
Funeral homes are required to pay into a trust money collected from consumers who pre-pay for funeral goods and services (Miss. Code Ann. § 75-63-59) or offer insurance plans to cover these expenses (Miss. Code Ann. § 75-63-61).
The Secretary of State’s Office will contact all affected clients of National Funeral Home with documentation of their funding. In the meantime, clients who pre-purchased funeral goods and services may contact the Secretary of State’s Office at 601-359-9055 with any questions or concerns.
