Are preneed contracts transferable without the consent of both parties?

Preneeds contracts generally include specific provisions regarding their transferability. Typically, for a preneeds contract to be transferred to another party, it needs the consent of both the original party and the new party involved. This requirement ensures that both parties agree to the transfer of obligations and rights, maintaining the integrity of the contract.

In the context of preneed funeral planning, the consent of both parties helps avoid disputes regarding service delivery and ensures that the financial aspects of the contract are honored. Therefore, the correct answer reflects this common contractual principle that both consent from the original contract holder and the receiving party is needed for any transfer to occur legitimately. This protects the interests and intentions of those involved in the prearrangement.