- PET LOSS
- MUSIC LICENSE
- LOT EXCHANGE
These guidelines are advisory in nature and set out general concepts rather than precise statutory language. The ICCFA is not recommending that the guidelines be codified into law as a whole. Instead, the guidelines are intended for consideration as a series of options to be selectively chosen by interested parties to address particular concerns.
Developed in 1998 by the Government and Legal Affairs Task Force of the
International Cemetery and Funeral Association
Where the merchandise purchased in advance of need is designed to withstand prolonged storage without deterioration, the seller or provider of the merchandise can furnish the purchaser with custody of these items by storing them and by providing a receipt for the merchandise that allows the purchaser to arrange delivery of the merchandise on request. This procedure is known as "warehousing" and is one of several methods of "constructive delivery" of preneed merchandise prior to the death of the beneficiary.
Other alternatives to trusting, such as financial instruments and insurance-funded prearrangements, are reviewed under separate guidelines.