Which option describes the deposit timing for trust money?

• A. It must be deposited within 7 business days.
• B. It must be deposited within 90 days.
• C. It must be deposited into a trust account within the prescribed timeframe.
• D. It must be deposited at the end of the fiscal year.

Answer: (C)

Trust funds received for funeral or cemetery services must be placed into a trust account promptly. The regulations specify a deposit must occur within the timeframe prescribed by the rules, rather than a fixed number of days or a year-end deadline. This ensures client funds are protected and kept separate from operating money while awaiting disbursement or service completion. The other options imply specific day counts or timing tied to the fiscal year, which do not align with the regulatory language. The important point is that the deposit timing is defined by the regulation itself, hence the description of depositing within the prescribed timeframe.