An Irrevocable Funeral Expense Trust is a small guaranteed-issue life insurance policy that is irrevocably assigned to a funeral trust controlled by the insurance product. Upon the death of the insured, the funds are immediately available to pay for funeral and burial services.
Use in Medicaid Planning
Flexibility in Funeral Plans
Letter of Goods and Services
Quick Sale and Competitive Commission
AN IRREVOCABLE FUNERAL EXPENSE TRUST MAY BE RIGHT FOR YOUR CLIENT IF THEY:
Are seeking Medicaid benefits
Have excess countable assets
Have not conducted any final expense planning
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