Kiss Trust Expands Education Trust Options
Bel Air, MD (PRWEB) March 21, 2014
Eastern Point Trust Company, the leader in online Education Trust creation and administration announced that its Kiss Trust product now provides for expanded Education Trust options.
For parents, there is no guarantee what the future will bring for their children. When planning for a child’s education needs you should also consider that the outcome you hope for is not always guaranteed. An inflexible education savings plan like a 529 or UTMA can allow the wasteful dissipation of money and, in some cases, outright harm to the child though unmanaged distributions.
Kiss Trust’s enhanced Education Trust features provide you the ability to create a well thought out education plan that will provide for every event or contingency.
“Kiss Trust’s Education Trust option is designed to ensure that the funds are put to use in accordance with the Grantor’s wishes. The ability to efficiently and cost effectively administer a wide array of trust options sets us apart.” says Floyd Simeon, chairman.
Kiss Trust allows you to design:
- How to distribute the money upon the child enrolling in college or vocational school.
- How the trust should accommodate the child delaying their attendance of college or vocational school but pursues higher education later.
- Whether to allow off campus living expenses.
- What occurs if the child does not enroll in college or a vocational school.
- How unused post-education funds may be used.
- In what manner the assets should be used in the event the child passes away, becomes disabled, or develops a serious medical condition.
- Education Bonuses for good performance and timely completion of education.
- Education penalties for failure to complete high school.
Kiss Trust is available in all 50 states as a quick, easy and low cost trust solution. In 2012, 2013 and 2014 Americans created more online irrevocable trusts through Kiss Trust than any other source.
About Kiss Trust
Kiss Trust is a service of Eastern Point Trust Company and is the nation’s exclusive provider of online savings trust document services and trust administration services. Eastern Point Trust Company was founded and is staffed by top talents in law, trusts and technology to make the benefits and protections of trusts accessible and affordable to everyone. Eastern Point Trust Company is not a law firm. Eastern Point Trust Company is a non-depository trust company with multiple regional offices. Eastern Point Trust Company provides fiduciary and trust administration services for clients located in all 50 U.S. states, the U.S. Territories, across North America, South America, the Caribbean, Europe and Asia.