What is an Irrevocable Funeral Trust?
An 'Irrevocable Funeral Trust' is a trust you create for your final expenses. It is a
single premium life insurance policy that is offered by a select group of insurance companies - placed into your 'Trust' for
safe-keeping until you pass away. Because the policy itself is owned by your
'Irrevocable Funeral Trust', it offers tax-free benefits, protection from
inflation, and can be shielded from confiscation by Medicaid or nursing homes.
Click here for more information on a
Funeral Trust.