Pre-Need Payments for Openings and Liners

Anthony Carpinello asks –

I am aware that many of you accept these type of payments and we are in the midst of establishing one of these programs.  I have been asked to pose the question to membership of, “Outside of having an interest-bearing account that these funds are deposited into (for extraction at the time of need), are there any other legal aspects regarding this type of account/program that we should be looking into?”

Thank you,

Anthony Carpinello
Director of Cemeteries
Diocese of Providence