What constitutes a "valid preneed contract" in Missouri?

In Missouri, a valid preneed contract must be a written agreement that is signed by both parties involved and must comply with specific state laws governing such contracts. This requirement ensures that the terms of the agreement are clear, preventing misunderstandings about the services to be provided and the payment terms involved. The written nature of the contract serves as formal documentation, which can be referenced if disputes arise.

Upholding this standard helps protect consumers by ensuring that they are fully aware of the commitments they are making regarding future funeral services. It also provides a framework under which the state can regulate and oversee the funeral industry, thereby enhancing consumer confidence.

Other forms of agreements, such as verbal agreements or emailed communications, lack the necessary formalities and legal recognition to be enforceable under your state’s laws. Notarization alone is not sufficient either, as it does not replace the need for a mutual written agreement that details the terms of the preneed arrangement. Thus, it is crucial for individuals seeking preneed contracts to ensure that they meet these standardized legal requirements to be considered valid.