Which entities are excluded from preneed trust funeral laws?

The correct answer highlights that burial associations where benefits do not exceed $100 are excluded from preneed trust funeral laws. This distinction is important because preneed trust laws are designed to regulate how funds for funeral services must be handled and protected over time. Smaller burial associations typically operate under different guidelines, as their scope and the amounts involved are limited. Because the benefit provided is minimal, they may not pose the same financial risk or need for regulation that larger entities do.

Other options focus on broader categories, like all funeral homes or licensed funeral directors, which are subject to preneed trust laws to help ensure consumer protection and proper management of funds. Additionally, the option regarding associations created after 2020 seems more focused on the timing of establishment rather than the specific type or scale of benefits provided. These broader entities generally fall within the purview of preneed regulations to maintain oversight. Thus, recognizing the specific nature of burial associations with limited benefits is a key aspect of understanding the overall regulatory framework.