Kiss Trust Unveils New Flexible and Low Cost Savings Trust Solution
| PR Web |
The leader in children savings trusts, Kiss Trust’s flexible online trust creation platform also integrates a professional trust administration service platform to give parents and grandparents a complete and comprehensive solution. “At only
The patented real time children's savings trust creation platform, http://www.KissTrust.com, along with its extensive experience with professional trust administration provides an affordable way for parents, grandparents, families and friends to create, control, and manage a savings trust and plan for the use of their final estate.
Only
Simeon observed, “We have enhanced our cutting-edge patented document and trust administration systems to create the most powerful trust solution ever available to parents and grandparents all without the high cost and annoyance of hiring a lawyer.”
The court approved
• New and reduced pricing options
• Over 5,000 name brand mutual fund choices and 1,000 ETF – including no load and load waived funds
• Ability to easily change the distribution elections in the future.
• Built in medical hardship and critical illness provision
• Automatic special needs provisions
• Enhanced asset protection from third party claims
• Multiple layer protection from claims of ex-spouses
• Enhanced protection from reductions in student financial aid
• Self-amending features and distribution options upon the death of the grantor (and grantors spouse)
• Ability to easily assign the death benefits from life insurance benefits, retirement plan, and IRA into the trust as well as any general estate assets upon the death of the grantor.
• Easily coordinates with existing wills or living trusts.
Additional, new optional features include:
• Health, education, support and maintenance (HESM) provision
• Bad behavior penalties
• Life and academic achievement rewards / bonuses
• Enhanced higher education benefits and education performance bonuses
• Expanded levels of age specific distributions to 5 levels
• 5 levels of automatic scheduled recurring distributions
• Expanded excluded beneficiary provisions
• Military service accommodation provisions
Simeon closed by saying, “Kiss Trust has also been updated to reflect changes in federal, state and case law by our team of internal and external legal and trust experts. We remain committed to reacting to changes in the law, technology and accommodating client requests for new features such as e-signature.”
Users can now use the http://www.KissTrust.com system as a low cost solution in a variety of personal situations including: children’s trust, family trust, simplified estate planning, child support trust, legacy trust, court ordered trusts, restrictive trusts, college saving trusts, inheritance trusts, preservation trusts, memorial trusts, Coogan Trusts, and a host of other trust based solutions.
In 2011, 2012 and 2013 Americans created more online children savings trusts through
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Read the full story at http://www.prweb.com/releases/2013/10/prweb11193916.htm
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