Kiss Trust... can exclude the first $3,900 of investment income from taxation
Bel Air, MD (PRWEB) March 18, 2014
Eastern Point Trust Company, the leader in online Special Needs Trust creation and administration announced that its Kiss Trust product protects government benefits of disabled children and adults … and now also protects the first $3,900 in investment income from taxation.
Kiss Trust is designed to operate and qualify as a “Qualified Disability Trust” and thus can exclude the first $3,900 of investment income from taxation,” says Floyd Simeon, Chairman. “This tax savings provides Kiss Trust clients with an additional material tax savings benefit.”
According to IRS publications
"A qualified disability trust is allowed a $3,900 exemption if the trust’s modified AGI is less than or equal to $250,000.”
In addition, to being the largest provider of online Third Party Special Needs Trusts, Kiss Trust provides the advantage of both expert and experienced trust administration and an affordable service rate and now it also provides important tax advantages.
Kiss Trust is available in all 50 states as a quick, easy and cost effective Special Needs benefits solution. In 2012, 2013 and 2014 Americans created more online Special Needs 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.