What must a contract for preneed services state regarding its revocability?

A contract for preneed services can indeed be either revocable or irrevocable, as allowed by Tennessee law. This flexibility is important because it accommodates the preferences and circumstances of different consumers. By providing the option for revocability, consumers have the right to change their minds or adjust their plans according to their evolving needs or financial situations.

Contracts for preneed services are typically structured to offer clarity regarding the conditions for revocation or the implications of making the contract irrevocable, thereby ensuring that consumers can make informed decisions based on their personal situations. This is crucial in establishing consumer trust and confidence in the services being offered.

The other options are narrower in scope and do not reflect the legal framework in Tennessee, which allows for the variety of arrangements in preneed contracts. Therefore, the correct answer encompasses the broad range of possibilities permitted under the law, making it essential for both funeral providers and consumers to understand their options.