For how many years must records of preneed contracts be kept after contract termination?

The requirement for maintaining records of preneed contracts after contract termination is established to ensure proper oversight and compliance in funeral practices. In West Virginia, the correct duration for keeping these records is one year after the termination of the contract. This timeframe is sufficient to address any potential inquiries or disputes that may arise following the contract's conclusion.

The rationale behind this specific duration is likely tied to the need for reasonable record-keeping while avoiding excessive storage beyond what is necessary for practical and legal purposes. Keeping records just for one year after termination balances these considerations effectively.