Common use of Mortuary trust Clause in Contracts

Mortuary trust. The mortuary trust is the fund created by this agreement to assure the provision of funeral and burial services to the beneficiary. The mortuary trust consists of the payment made for that purpose upon the signing of this agreement and all interest and investment income earned by the fund, less fees and taxes paid pursuant to the terms of this agreement.

Appears in 5 contracts

Samples: Mortuary Trust Agreement, Maine Mortuary Trust Agreement, Maine Mortuary Trust Agreement

AutoNDA by SimpleDocs

Mortuary trust. The mortuary trust is the fund created by this agreement to assure be applied to the provision of funeral and burial services to the beneficiary. The mortuary trust consists of the initial payment made for that purpose upon the signing of this agreement agreement, any money added to the fund at a later date, and all interest and investment income earned by the fund, less fees and taxes paid pursuant to the terms of this agreement.

Appears in 1 contract

Samples: Mortuary Trust Agreement

Mortuary trust. The mortuary trust is the fund created by this agreement to assure be applied to the provision of funeral and burial services to the beneficiary. The mortuary trust consists of the initial payment made for that purpose upon the signing of this agreement and all interest and investment income earned by the fundagreement, less fees and taxes paid pursuant any money added to the terms of this agreement.fund at a

Appears in 1 contract

Samples: Maine Mortuary Trust Agreement

AutoNDA by SimpleDocs

Mortuary trust. The mortuary trust is the fund created by this agreement to assure the provision of funeral and burial services to the beneficiaryperson insured. The mortuary trust consists of one or more insurance policies on the payment life of the person insured, and all proceeds, dividends, premium rebates, disbursements and payments of every kind made for that purpose upon the signing of this agreement and from such policy, including all interest and investment income earned by the fund, less fees and taxes paid pursuant to the terms of this agreementearned.

Appears in 1 contract

Samples: Maine Mortuary Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!