When establishing or operating a cemetery, what fund must be created for its future care and maintenance?

When establishing or operating a cemetery, a care and maintenance trust fund is essential for ensuring that the cemetery can be properly maintained in the future. This fund is specifically designated to provide for the ongoing upkeep, repairs, and enhancements necessary to maintain the cemetery grounds and facilities. The legal requirement for this fund is established under Florida laws, which mandate certain financial protections to guarantee that a cemetery can sustain its operations long-term.

The fund is created from a portion of the revenue generated by the sale of burial rights, which is then set aside and invested to generate income over time. This ensures that there are sufficient resources available to meet maintenance obligations, contributing to both the preservation of the cemetery’s integrity and the peace of mind for individuals and families who choose to inter their loved ones there.

Other types of funds mentioned, such as support, maintenance, or development funds, do not have the same legal standing or designated purpose for the long-term care essential to cemetery operations. Therefore, the care and maintenance trust fund is specifically structured to fulfill the requirements outlined in Florida's regulations for cemeteries.