What is one requirement for trustees in a prearrangement funeral service trust agreement?

In a prearrangement funeral service trust agreement, the requirement for trustees to include a minimum of two trustees is important for several reasons. Having multiple trustees enhances accountability and ensures that there is a checks-and-balances system in place. This can help protect the interests of the trust's beneficiaries by preventing conflicts of interest and promoting transparency in decision-making.

By necessitating that at least two individuals serve as trustees, the law aims to create a more stable and reliable trust management system, which is particularly critical given the sensitive nature of funeral arrangements. This requirement assists in building a framework within which the trustees can collaboratively oversee and manage the funds allocated for funeral services, thereby ensuring that the prearrangements are honored appropriately.