Under Texas law, what records must preneed providers keep?

Under Texas law, preneed providers are required to maintain detailed records of preneed contracts and transactions. This requirement serves several important functions. First, it ensures that there is a clear and comprehensive account of all agreements made with clients regarding funeral services and related arrangements. Maintaining such records is crucial for compliance with state regulations, and it helps protect both the provider and the consumer.

Detailed records also facilitate proper management of client funds, ensuring that the money allocated for funeral services is used appropriately according to the terms of the preneed contracts. This transparency reinforces trust in the funeral service profession by enabling oversight and accountability regarding how preneed funds are handled.

Additionally, accurate record-keeping is essential for providing the necessary information should any disputes arise between the provider and clients or their beneficiaries. By having a complete and organized set of records, preneed providers can ensure that they are meeting legal standards and adequately serving their clients' needs.