The advantages they claim, like the first $950 of investment income earned by those under 18 is already a fact for all minors. I don't see how these are an advantage for financial aid - they would count as a child's assets, and there is no tax free growth. Have a lawyer set up a trust who knows what he's doing and creates the best fit for your needs. There are many different legal types of trusts. I think Kiss Trust is a company, not the legal term for a type of trust.

Has anyone heard of these? Know if they are legit?

www.kisstrust.com

If anyone has set one up I would love to hear your thoughts.