If trust funds are established, what information must be disclosed in writing to the buyer?

The correct answer highlights the essential information that must be communicated to the buyer when trust funds are established. Specifically, it emphasizes the necessity of disclosing the amount to be entrusted, the name of the trustee, and how any interest earned on the trust funds will be handled.

Disclosing the amount to be trusted ensures transparency about the financial commitments being made. Stating the name of the trustee is crucial because it identifies who is responsible for managing the funds and ensures that the buyer knows where to direct inquiries regarding the trust. Additionally, outlining the disposition of interest is important for the buyer to understand how the funds might grow over time and what benefit they might receive from any interest accrued.

This comprehensive disclosure protects the buyer's interests by providing clarity and fostering trust in the relationship between the buyer and the contract provider. By ensuring that all these critical pieces of information are shared, buyers can make informed decisions regarding their financial commitments in relation to their funeral services.