Many funeral homes in Wisconsin, including Cress Funeral and Cremation Service, are not members of the Wisconsin Funeral Directors Association and have never used the Wisconsin Funeral Directors Association Pre-Need Master Trust.
Many funeral homes have used insurance or bank trusts to preplan funerals with their consumers. The consumers and funeral homes who have done so are protected by government-insured funding products and have nothing to worry about.
Who stands to lose? The funeral homes that used the Wisconsin Funeral Master Trust. This is because many funeral homes guarantee their services and merchandise. Because of this guarantee, the consumers who have pre-funded their funerals with one of these firms will likely be made whole and their services will proceed without any change.
It is important for me to give some peace of mind to consumers who have placed their faith in funeral homes throughout the state. If you are a pre-need funeral purchaser, you did the right thing for your family. If you are concerned with how your funds are secured, please call your funeral home.
It's my hope that the state will investigate this issue fully and bring those involved to justice. The public deserves it, and many people in funeral service demand change.
— Bill Cress, Cress Funeral Service