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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)<F*>
LINCOLN HERITAGE CORPORATION
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(Name of Issuer)
COMMON STOCK, $0.01 par value
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(Title of Class of Securities)
533632 10 5
------------------------------------
(CUSIP Number)
June 22, 1999
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(Date of Event which Requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ X ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
<F*>The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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CUSIP NO. 533632 10 5 Page 2 of 5 Pages
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1 NAMES OF REPORTING PERSONS/
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
David R. Wulf
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF 126,200<F1>
SHARES -------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH -0-
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH
126,200<F1>
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
126,200
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
/ /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.8%
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12 TYPE OF REPORTING PERSON<F*>
IA
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[FN]
<F1> David R. Wulf is the investment adviser to Trust IV under Trust
Agreement for National Prearranged Services, Inc. Pre-Need Plans,
dated July 24, 1989 (the "Trust"), has sole investment and voting
power and is therefore deemed to be the beneficial owner of the
common stock held by the Trust. Under the terms of the Trust, National
Prearranged Services, Inc. has the right to appoint and remove the
investment adviser.
<F2> Percentage ownership is based upon 4,520,000 shares of Common Stock,
$0.01 par value, of Lincoln Heritage Corporation issued and outstanding
as of June 22, 1999.
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CUSIP NO. 533632 10 5 Page 3 of 5 Pages
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This Amendment No. 1 to Schedule 13G is being filed to report that the
holdings of the Trust no longer meet the 5% reporting threshold.
National Prearranged Services, Inc. sells prearranged funeral contracts
and collects all payments for prearranged funeral contracts. In connection
with the statutory requirements for the funding of prearranged funeral
contracts in the State of Missouri, the Trust has been formed to comply with
Missouri law. David R. Wulf, an independent registered investment advisor to
the Trust, directs the investment of all monies in the Trust.
Item 1(a) Name of Issuer:
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Lincoln Heritage Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
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1250 Capital of Texas Highway
Building 3, Suite 100
Austin, Texas 78746
Item 2(a) Name of Person Filing:
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David R. Wulf
Item 2(b) Address of Principal Business Office or, if none, Residence:
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10 South Brentwood
Suite 315
Clayton, Missouri 63105
Item 2(c) Citizenship:
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United States
Item 2(d) Title of Class of Securities:
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Common Stock, $0.01 par value
Item 2(e) CUSIP Number:
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533632 10 5
Item 3 IF THIS STATEMENT IS FILED PURSUANT TO SEC. 240.13D-1(B) OR SEC.SEC.
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240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A:
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(a) [ ] Broker or Dealer registered under Section 15 of the Act
(15 U.S.C. 78o)
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C.
78c)
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act (15 U.S.C. 78c)
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940 (15 U.S.C. 809-8)
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CUSIP NO. 533632 10 5 Page 4 of 5 Pages
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(e) [X ] An investment adviser in accordance with SEC.
240.13d-1(b)(1)(ii)(E)
(f) [ ] An employee benefit plan or endowment fund in accordance
with Sec. 240.13d-1(b)(1)(ii)(F)
(g) [ ] A parent holding company or control person, in accordance
with Sec. 240.13d-1(b)(ii)(G)
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the
Investment Company Act of 1940 (15 U.S.C. 80-a-3)
(j) [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(J)
Item 4 OWNERSHIP.
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(a) Amount Beneficially Owned:
126,200<F1>
(b) Percent of Class:
2.8%<F2>
(c) Number as shares as to which the person has:
(i) Sole power to vote or to direct the vote
126,200
(ii) Shared power to vote or to direct the vote
- 0 -
(iii) Sole power to dispose or to direct the disposition of
126,200
(iv) Shared power to dispose or to direct the disposition of
- 0 -
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
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Not Applicable
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
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Not Applicable
Item 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
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THE SECURITY BEING REPORT ON BY THE PARENT HOLDING COMPANY.
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Not Applicable
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CUSIP NO. 533632 10 5 Page 5 of 5 Pages
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Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
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Not Applicable
Item 9. NOTICE OF DISSOLUTION OF GROUP.
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Not Applicable
Item 10. CERTIFICATIONS.
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By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth on this statement is true, complete
and correct.
June 25, 1999 /s/ David R. Wulf
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David R. Wulf, Investment Adviser
