Earlier this week I posted on the investigation into Wisconsin's Funeral Trust, which is apparently short $21 million. Here is a wonderful overview of the situation, posted on the Wills, Trusts & Estates Professor Blog.
Clients often ask me if pre-paying a funeral is a good idea. I always have two words of caution: one, your desires for burial may change over time, so keeping your options open (i.e. not pre-paying is nice); and two, you are turning over control of your money to someone else. Sadly, the second one has more of a sting to it these days in Wisconsin.