Research indicates that when the entire family is involved in the saving process the likelihood a child will go to college and be successful increases greatly.
Bel Air, MD (PRWEB) April 04, 2013
Eastern Point Trust Company has introduced Kiss Trust as its College Savings Program, citing researched published in 2011 by William Elliott III & Sondra G. Beverly in the Journal of Children and Poverty, showing children are up to six times more likely to go to college and be successful if there is a college savings account.
“Kiss Trust is designed for parents and grandparents to as an alternative to 529 college saving plans and UTMAs,” said Edward Armand President of Kiss Trust. “Research indicates that when the entire family is involved in the saving process the likelihood a child will go to college and be successful increases greatly.”
Armand said that, “Kiss Trust’s online Friends and Family process makes creating a social network of friends and family saving easy, and results in significantly greater total college savings than traditional 529 and UTMA accounts.”
Additionally, only Kiss Trust offers the ability to control how the money may be used, a feature unavailable in 529 and UTMA plans. With 5,000 mutual fund options (including tax-free investment options) Kiss Trust offers many advantages over 529s and UTMA accounts.
Kiss Trust is the largest provider of childrens savings trust in the U.S. For more information and reviews of Kiss Trust, visit http://www.kisstrust.com.
About Eastern Point Trust Company
Eastern Point Trust Company through its Kiss Trust division is the nation’s largest provider of online saving trust document services and trust administration services. The company was founded and 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 across the United States and its territories, North America, the Caribbean, Europe and Asia.