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Posted on 07/2/14 1:37 PM

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Posted on 01/13/16 3:00 PM
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Posted on 01/8/16 6:16 PM
Live Oak Bank Announces New Division - Live Oak Trust
Posted on 08/1/15 5:19 PM
Live Oak Bank is excited to announce a new division of the bank, Live Oak Trust, offering Funeral and Cemetery
Trust Services. Through this service, Live Oak Bank continues its dedication to the death care industry and
expands its services to funeral home owners and cemeterians nationwide.
With a singular focus on funeral and cemetery clients, Live Oak Trust is committed to the administration of
preneed funeral, cemetery merchandise and services, and perpetual care cemetery trust funds. Live Oak Trust
is comprised of a team of professionals with over 200 years combined trust experience who understand the
funeral and cemetery industry. Currently, Live Oak provides trust services in 18 states across the country.
“Expanding our death care services with the addition of Trust provides tremendous opportunity for Live Oak
Bank as well as the funeral home owners and cemeterians who choose us as their fiduciary representative,”
stated Chip Mahan, CEO of Live Oak Bank.
“With a combination of over 50 years of industry experience, we are proud to lead this team of experts to
provide superior trust solutions,” commented Steve Jackson, CEO, and Rich Fisher, President of Live Oak Trust.
“We will be able to navigate clients through a highly complex and regulated environment.”
The Live Oak Trust team has extensive experience and industry knowledge, enabling them to streamline
the administrative and operational process associated with these accounts. To maintain the highest level of
proficiency, Live Oak Trust has an in-house legal team that continually monitors states statues and regulations
to ensure trust accounts are in compliance with current laws. Having such a keen industry focus and specialists
on board, enables the Live Oak to offer an exceptional level of service to the client.
Steve Jackson, CEO of Live Oak Trust
Rich Fisher, President of Live Oak Trust
Media Contact:
Laura Tippett
Learn more at:
Rate of Cremation Continues to Increase
Posted on 07/23/15 12:16 PM
Rate of Cremation Continues to Increase; Cremation Projected to Surpass Burial in 2015

Brookfield, Wis. – The national rate of cremation is projected to surpass that of burial in 2015 according to a report released today by the National Funeral Directors Association (NFDA). The 2015 NFDA Cremation and Burial Report: Research, Statistics and Projections features statistics and in-depth analysis of consumer attitudes toward cremation.
According to the 2013 final data in the report, the rate of cremation was 45.4 percent and the rate of burial was 48.7 percent. By the end of 2015, the rates of cremation and burial are projected to be 48.5 percent and 45.6 percent respectively. Should the 2015 projections bear out, the cremation rate will have increased by more than 50 percent over the last 10 years.


• There are many reasons why consumers choose cremation, including cost considerations, environmental concerns, fewer religious prohibitions, and changing consumer preferences, such as a desire for less ritualized funerals.
• The majority of families who choose cremation also commemorate their loved one’s life: 28 percent choose to have a funeral with viewing before cremation and 37 percent have a memorial service after.
• When talking about their own funerals, more than one-half of adults 40 and older would encourage their loved ones to plan a funeral or memorial ceremony. Only 17 percent of adults would discourage their loved ones from commemorating their life.

The state and national death, cremation and burial projections contained in the 2015 NFDA Cremation and Burial Report were compiled with the assistance of experts from the University of Wisconsin – Madison Applied Population Laboratory Department of Community and Environmental Sociology. Other findings presented in this report are from proprietary NFDA research studies, such as the 2015 Consumer Awareness & Preferences Study and 2015 NFDA General Price List Survey.