The bill aims to modernize the regulations surrounding prearrangement funeral services in Washington State, recognizing the emotional and financial burdens families face when planning funerals. It introduces a new section that emphasizes the importance of prearrangement services, allowing individuals to plan and pay for their funeral preferences in advance. The bill amends existing definitions and provisions in RCW 18.39.010 and 18.39.250, clarifying terms related to funeral services and establishing guidelines for the management of prearrangement funeral service trusts.

Key amendments include the stipulation that funeral establishments are not required to place funds in trust for merchandise delivered within 30 days of sale or for transportation protection agreements. Additionally, the percentage of the cash purchase price that can be retained by the funeral establishment is increased from ten to twenty percent, while the percentage required to be placed in trust is reduced from ninety to eighty percent. The bill also introduces new definitions for "transportation protection agreement" and clarifies the conditions under which funds from prearrangement funeral service trusts can be withdrawn, ensuring that the interests of beneficiaries are protected.

Statutes affected:
Original Bill: 18.39.010, 18.39.250