Here are a few other benefits to an irrevocable trust:
Irrevocable trusts allow you to use the funeral home of your choice and can also be transferred if you move out of state.
Irrevocable trusts may be exempt from the Medicade/Title 19 spend-down when applying for nursing home benefits.
IPlanning and funding your funeral in advance protects your loved ones and gives you peace of mind that you will get the funeral you would desire.
These trusts have an interest growth component that helps keep up with inflation.