Which of the following should be included in the written notice from a trustee after receiving payment?

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Prepare for the Ohio Funeral Directing/Embalming Test. Utilize flashcards and multiple-choice questions, complete with hints and explanations. Ace your exam!

The inclusion of the amount received and the name/address of the institution holding the trust is essential in the written notice from a trustee after receiving payment. This information helps ensure transparency and accountability in the preneed arrangement process. It allows the consumer to verify the transaction and confirm that their funds have been appropriately allocated to a specific institutional developer, which is crucial for ethical practices in the funeral service industry. This transparency also serves to protect the interests of the consumer, providing reassurance that their investment is secure and properly accounted for.

In contrast, while the price of services to be rendered, the terms of the preneed contract, and the identification of the funeral director are all important elements related to the funeral service, they do not directly pertain to the trustee's obligations immediately after receiving payment. The focus in this context is primarily on the financial transaction and the secure handling of trust funds.

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