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Prepaid Funeral Trust Money Used For Conventions And Lobbying, Say Auditors

Prepaid Funeral Trust Money Used For Conventions And Lobbying, Say Auditors

We’ve said repeatedly that prepaid funeral plans are bunk–the industry is too unregulated to be trustworthy, and it’s far too easy to lose money when you could just as easily set up a savings plan for a funeral on your own. Now there’s news from California that the state’s second-largest prepaid funeral trust was spending money “improperly” on everything from political lobbying to conventions, blowing $12.6 million from the $70 million paid in advance by customers. [More]

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Did you know that in California, if you ask the Subway sandwich mechanic (or whatever they’re called) to toast your sandwich, you’ll be charged a sales tax, whereas if you go untoasted you won’t? Crazy! Thomas Hawk says you should always order your coffee to go at California restaurants, even if you plan on drinking it there, to avoid a similar crazy tax. [Thomas Hawk] (Thanks to Glenn!)