Kansas Funeral Director Practice Exam

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Prepare for the Kansas Funeral Director Test. Enhance your readiness with flashcards and multiple-choice questions, each with valuable hints and explanations. Pass your exam with confidence!

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What is the maximum amount of a pre-financed funeral agreement that can be trusted irrevocably?

$5,000
$6,000
$7,000
$8,000

The correct answer is: $7,000

The maximum amount of a pre-financed funeral agreement that can be trusted irrevocably is established by regulations governing funeral services in Kansas. For 2023, the limit is set at $7,000. This means that when a consumer pre-finances a funeral agreement, they can set aside up to this amount in an irrevocable trust. This amount is essential because it protects the consumer's funds from being considered as assets for purposes such as Medicaid eligibility. Additionally, ensuring that these funds are available for the services specified in the agreement upon the consumer's passing is a key aspect of the trust's purpose. Therefore, the correct choice reflects the legal provisions designed to safeguard consumer interests within the funeral service industry.