Indiana Funeral Bonds
HB 1287: Miscellaneous Bonds – Funeral Planning
This act requires a surety bond to be posted in order to regulate funeral planning regulations. A surety bond, cash deposit or other security will be required to secure the storage costs of the decedent’s remains at a hospital, nursing home, funeral home or other institution during the proceedings if any action is brought to contest the declaration’s validity.
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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.
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