Does the board need to approve prearrangement funeral trust agreements?

In Washington state, prearrangement funeral trust agreements require approval from the board to ensure compliance with applicable laws and regulations. This requirement serves to protect consumers by ensuring that these agreements are properly structured and administered. The board reviews the agreements to confirm that they meet the necessary legal standards, which helps maintain ethical practices within the funeral industry and assures that funds are safeguarded for future services. This oversight by the board is crucial for maintaining trust and transparency in the arrangements made by consumers for their future funeral needs.