Funeral Expenses. An executor does not necessarily take on financial responsibility for the decedentâs funeral arrangements. When he acts in his capacity as executor, he is making financial decisions for the decedentâs estate, and the decedentâs funeral arrangements become a debt of the estate.
By law, income to the trust funds must be invested, on a daily basis, in securities guaranteed as to both principal and interest by the Federal government. All securities held by the trust funds are special issues of the United States Treasury. Such securities are available only to the trust funds.
What is a Community Grant? The Unity Foundation Power for Good Fund was established to be responsive to local needs. This fund is permanent and only the earnings are spent each year. Because the fund is permanently endowed, these grants will be available to sustain our local efforts for generations to come.