Bel Air, MD (PRWEB) March 01, 2013
Multiple court jurisdictions recently approved the trust document from Kiss Trust, the leader in online children's savings trusts, for use in court ordered restricted trusts. Kiss Trust also now qualifies for use as a Coogan Trust Account for child actors.
Kiss Trust’s staff has extensive experience with professional trust administration, and invented this patented trust creation platform. The tool is a powerful, affordable way for parents, grandparents, families and friends to create, control and manage a savings trust which controls how and when the money can be used by the child.
Ned Armand, President of Kiss Trust, “We are proud to have the design and drafting of Kiss Trust reviewed and accepted by many courts and jurisdictions around the country.” Armand also noted that, “Our court accepted trust design married with our patented technology and trust expertise makes Kiss Trust a proven solution for anyone looking to create a savings trust without the high cost of hiring a lawyer.”
Since Kiss Trust provides control over how and when the money can be used, the trust has also been approved to use as a “Coogan Account.” Many states require Coogan Accounts to hold in safekeeping the earnings of child actors until they become adults. “Becoming qualified as a Coogan Trust Account provider reaffirms our efforts to make Kiss Trust the safest possible choice.” said Armand.
Armand observed that, “Clients have used Kiss Trust as a low cost solution in a variety of other situations including: planned gifting, estate planning, divorce, child support, legacy trust, restricted ordered trusts, memorial trusts and a host of other situations.” Finally, Armand reinforced that, “No matter where you reside Kiss Trust is available in all 50 States.”
A Kiss Trust can be created for only a $199 one time setup fee and there is no minimum initial gift amount.
For more information and reviews of Kiss Trust, visit http://www.kisstrust.com.
About Kiss Trust
Kiss Trust is widely reviewed as the nation’s exclusive provider of online savings 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. Kiss Trust is not a law firm. Kiss Trust is a division of Eastern Point Trust Company, a non-depositary trust company with multiple regional offices. The Eastern Point Trust Company provides fiduciary and trust administration services for trusts sitused in all 50 states.