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Use this template to prepare a Prepaid Funeral Deposit Service Agreement.The Agreement is made between a provider of funeral services (such as a funeral home) and a financial institution which will act as trustee and will hold and administer deposits paid by customers of the funeral service provider who wish to pre-arrange and prepay for funeral services. Provisions of the Agreement include: how deposits are to be made and held on behalf of the customers; record keeping and monthly statements to be prepared by the trustee; investment of deposit funds; procedure for withdrawing deposits; the trustee has no fiduciary duty to customers of the funeral service provider; assignment of funds to a third party in the event of a sale or transfer of the business; the trustee is responsible for providing tax information as required; indemnification of the trustee by the funeral home; termination of the agreement by either party.This Prepaid Funeral Deposit Service Agreement is provided in MS Word format and is fully editable to meet your needs.