Bel Air, MD (PRWEB) March 05, 2013
Kiss Trust, a division of Eastern Point Trust Company, offers a solution to families who would otherwise lose Federal Financial Student Aid because they use a Uniform Gift to Minors Account (UGMA), Uniform Transfer to Minor Account (UTMA) or 529 Account to save for college.
"For too long, families have had the unwelcome discovery that the money they worked so hard to save for college counts against them when filing for Federal Financial Student Aid,” said Ned Armand, President of Kiss Trust. “In contrast to the most commonly used plans like UGMA, UTMA and 529 plans, Kiss Trust gives parents and grandparents a specially designed trust-based savings option which can prevent the loss of financial aid by converting their existing UGMA, UTMA and 529 accounts into a Kiss Trust.”
Armand observed, “No other savings solution provides the advantages of Kiss Trust. Now, every family can benefit from maximizing both college savings and Federal Financial Student Aid.”
A Kiss Trust can be created for as little as a $99 one time setup fee and there is no minimum initial gift amount. Users also have access to over 5,000 name brand mutual funds - including load-waived funds, no-load funds and tax-free funds.
For more information on using a Kiss Trust to improve student financial aid results and Kiss Trust reviews, visit http://www.kisstrust.com.
About Kiss Trust
Kiss Trust is a division of Eastern Point Trust Company and is the nation’s exclusive provider of online savings trust document services and trust administration services. The 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 trusts sitused in all 50 states.