KissTrust advantages

 The advantages of KissTrust are:

• It is low-cost so that even a small gift can start a KissTrust

• It is simple to establish, operate and administer

• Early distributions are available for things such as education, first time home purchase, or other designated ages

• It can provide the Beneficiary with significant future income

• It becomes valuable because of long-term compounded growth

• If invested in a tax-deferred annuity, trust earnings are tax-deferred

• Its assets are protected from bankruptcy, divorce, early withdrawal and debtors

• Unlike UGMA's and UTMA's, the Beneficiary cannot access the assets by merely obtaining the age of 21 (18 in some states)

• Unlike Social Security, the KissTrust can be passed on to the Beneficiaries' heirs

• UGMA/UTMA assets can be easily and quickly converted/transferred into a KissTrust