Kansas Funeral Director Practice Exam

What must be disclosed regarding excess funds after the payment for goods and services?

1. It goes to the funeral home

2. It is donated to charity

3. It is paid to the estate of the purchaser

4. It is retained for future services

The correct answer is: It is paid to the estate of the purchaser

The requirement to disclose that excess funds after payment for goods and services must be paid to the estate of the purchaser is grounded in ethical practices and legal obligations in the funeral industry. This means that any remaining funds after all agreed-upon services and products have been paid for should return to the rightful owner, which is the estate of the deceased or the purchaser of the services. This ensures transparency and fairness in the handling of financial matters related to funeral services. By adhering to this principle, funeral directors demonstrate respect for the deceased's estate and the wishes of the family, reinforcing the trust that families place in their services. Ensuring that excess funds are returned to the estate helps maintain ethical standards in business practices within the funeral industry.