Cress wants to reassure the families in our care regarding the recent news that a Dane County judge appointed a receiver to take over the operations of the Wisconsin Funeral Directors Association after questions were raised about the solvency of a fund for prepaid funerals that may be approximately $21 million short.
Cress is not a member of the Wisconsin Funeral Directors Association and has never participated or placed funds in the Wisconsin Funeral Trust.
Families in our care who have prepaid their funeral arrangements did so using only top rated insurance companies or local banks, depending if they chose an insurance product or a bank trust to secure their individual funds.
We will be providing more details as information is available but the Cress prearranged families will not be impacted by this news.
Best Regards, Cress Family