Depending on your needs, establishing a revocable living trust is another option your attorney might recommend as part of your estate plan. She joined the Cumberland Trust team in 2001, at the firms founding. $25.00. Previously, Chris served as Senior Vice President, Managing Director, and Head of Administration. He assisted the senators staff in the drafting of legislative documents, helped prepare for Senate Appropriation Committee meetings, and learned about the legislative process from behind the scenes. Plan, preserve, and protect your legacy for generationstocome. from Vanderbilt School of Law and holds a Masters in Taxation (LL.M.) Harriet White joined the Cumberland Trust team in 2012. BBB File Opened: 2/19/2004. Site by, New Legislation Maintains Tennessees Status as a Leading Trust-Friendly State. As Vice President, Trust Officer, and Administration Manager, she is responsible for high net worth personal trust relationship management and account administration. from the University of Florida School of Law. Industry Financial Services Revenue $2.0M Employees 121 Founded in 2001 Headquarters Nashville, TN Website cumberlandtrust.com Organization Type Private Is This Your Company? David holds a bachelors degree in economics with a minor in business finance from Sewanee: The University of the South, Sewanee, Tennessee. Senior Vice President & Managing Director, Business Development. Business Started Locally: Lindsay has a wealth of experience in customer service and provider relations in the healthcare field as well as teaching and communications. In her role, Jennie manages the companys day-to-day operations while driving Cumberland Trusts vision for the future. A lack of planning during life can leave familieswhile grappling with griefnavigating the probate system, inheritance taxes, and other complex issues. Comprehensive trust administration, education, and proactive client service for your family. McGarrity earned a B.S. Prior to joining Cumberland Trust, Mr. Presley served as Senior Vice President and Head of Personal Trust Services for SunTrust Bank where he presided over the personal trust administration, estate settlement, tax, trust real estate, sales, and endowment/foundations divisions. Rates effective: June 28, 2013. from the University of Memphis Cecil C. Humphreys School of Law. As Assistant Vice President and Trust Officer in Personal Trust Administration, Lauren works with clients on day-to-day needs while also focusing on longer-term trust administration goals. in Business Administration from Middle Tennessee State University, with minors in Economics and Finance. Ensure that assets such as a family business are leftundivided. She is dedicated to expanding our presence in the Georgia market by developing relationships with professional advisors within the local estate planning community and their clients. Previously, she served for ten years as a paralegal and raised her three, now grown, children. from Simon Fraser University in Vancouver, British Columbia, and an M.B.A. from Western Governors University. A thoughtful estate plan is one of the best gifts you can leave to your family and loved ones. 1/1/2022 Register of Wills Fee Schedule (pdf) Court Calendar. Asha Nivison joined Cumberland Trust in 2012. Bob and his wife Jodi have two adult sons, and they live in the Fort Myers, Florida area. Wendy Maynard joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. First Federal Bank is here to support our local businesses with a complete range of commercial banking products. Layla is licensed to practice law in Tennessee and Louisiana. Director of Conservation Education and Engagement Job in Cumberland, OH in Accounting (cum laude) and a J.D. He also holds a Six Sigma Yellow Belt certification. We are not investment advisors and focus our efforts solely on trust and estate administration. Some select this option to avoid a lengthy probate process and protect the privacy of the grantor and beneficiaries of the trust. Cumberland Trust | Better Business Bureau Profile She focuses on helping clients needing extra support through the coordination of distinctive care services. This person has built an asset base and wants to ensure that those assets are distributed according to their wishes. Prior to joining Cumberland, he also worked as a law clerk for Stites and Harbison, PLLC in Franklin, Tennessee. Tennessee - Cumberland Trust so is each estate left behind. Helina received a B.A. Provide regular disbursements to someone who is unable to manage large sums ofmoney. Before that, she was Vice President in the Custody Income Operations department (Global Securities Services) at Deutsche Bank/State Street in Nashville. Credit Solution Experts Incorporated offers quality business credit building services, which includes an easy step-by-step system designed for helping clients build their business credit effortlessly. , passed in 2002, encourages the use of modern portfolio theory in managing trust assets and defines how trust investment management may be delegated to an investment manager. Outside of work, Bonnie enjoys volunteering at Grace Works and One Generation Away. CAREERS & OUR CULTURE Joseph K. Presley Vice President & Director, Personal Trust Administration. in Business Administration and Economics from Rhodes College in Memphis and an M.B.A. in Finance and Marketing from Indiana University. Quarterly fee of $15.30 per account. An essential planning tool, a will dictates distribution of your assets from your estate to surviving family members, friends, or favored charitable organizations. She was awarded her J.D. NO CASH REFUNDS. Prior to joining Cumberland Trust, Bob had an extensive career in asset management, financial consulting, retirement planning, and branch management with Fidelity Investments and Charles Schwab & Company. Admissions - Cumberland University Meg holds an A.B. OUR TRUST PHILOSOPHY What We Do Independent Trust and Estate Administration Expert guidance, proactive education, and hands on services to support you, your family, your assets, and your estate. An avid supporter of the visual and performing arts, Mr. Presley has served as board member, vice-chair, and treasurer for the Nashville Symphony; board member and finance committee member for Cheekwood; board member, vice-chair, and head of public arts for Nashville for the Metro Arts Commission; and currently as board member of the Arts & Business Council. Families can feel assured knowing their loved ones will be looked after when theyre gone, and that their legacy will have a lasting impact. Vice President & Director, Special Asset Administration. Cumberland Trust has grown to $5.6 billion in assets under administration and the company continues to deepen its reach in regional markets with additional offices located in Atlanta, Austin . By comparison, Wealth Advisors Trusts scale earns out at a slightly higher level ($800,000 in the account), which indicates that its platform is built to support a somewhat more affluent clientele. In this role, Ryan works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Alex is the Vice President and Director of Cumberland Trusts personal trust administration division. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. Before joining Cumberland Trust, Nathan worked as a Senior Consultant with Financial Industry Technical Services. In this role, Ashley provides direct support to the business development team, assisting with ongoing development and onboarding of new and prospective Cumberland Trust clients and their advisors. She has also worked for more than 24 years in the financial services industry, including roles as Vice President and Manager of Private Client Services at First Tennessee Bank and as a Financial Advisor with Heidtke & Company. Specialized expertise combined with care and compassion for your family. With a connected team of 120+ experts at your service in 10 offices nationwide. Over her tenure at Cumberland, she has gained a broad knowledge of the trust industry and has worked with a variety of trust types and circumstances. He holds a B.S. This definitive guide on cost efficient trustee fees will pull back the curtains on what corporate trustees do and how they charge their fees. Her duties include coordinating the purchase and sale of properties held in trust, analyzing appraisals and inspections, overseeing the management of special assets owned in trust, and navigating complicated situations to provide excellent client service to families that have special assets in their trust portfolios. In her current role as Chief Strategy Officer, Lori oversees all marketing, strategy, and corporate initiatives and works in the development, planning, and management of various strategic initiatives aimed at reaching current and new target audiences. Jared received a B.S. Lou Anne earned a B.A. Plan, preserve, and protect your legacy for generationstocome. in Political Science from the College of Charleston and serves on the Committee for Institutional Advancement for the Tennessee Performing Arts Center. and M.Ed in Special Education from the College of Charleston. In some cases, the creator of the trust may also name himself as co-trustee to be responsible in part for administering the trust. Please contact the Admissions Office at 615-547-1246 locally or 800-467-0562 to speak with your Enrollment Specialist or email admissions@cumberland.edu. At death, a revocable trust designates a successor trustee and outlines distribution of the trusts assets. Interpretation Appeal Application - Fillable. Rene received her B.A. Douglas holds a B.A. As Trust Officer in personal trust administration, Laura focuses on providing a high quality of service to clients. Prior to joining Cumberland Trust, she worked for Larson Juhl as a customer service team leader. Shelby Carpenter began work at Cumberland Trust in 2016. Recording Fees - North Carolina Association of Registers of Deeds They may be a parent with a large life insurance policy who wants to guarantee that their children are provided for without receiving a large sum of cash all at once. She has extensive knowledge in the preparation and review of legal correspondence and compliance documents. Jessica Kopperud joined the Cumberland Trust team in 2018. Creating a trust can protect your assets and make sure those assets are managed for the benefit of your children or loved ones. Susan earned a B.A. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. Matters of Trust | Home | nashvillepost.com As Assistant Vice President and Trust Officer, Melissa supports our beneficiaries with special needs, and focuses on providing responsive and attentive service to clients and their financial, legal, and tax professional advisors. For 35+ pages, please contact the County Clerk's office at (304) 264-1927. Previously, Ashley worked for Newt Gingrichs 2012 presidential campaign. Just as each life and family is unique, so is each estate left behind. The Uniform Trust Code, passed in 2004, provides a comprehensive set of laws that allow a trust to be administered very efficiently and effectively. One of the resulting benefits. The Tennessee Community Property Trust Act, passed in 2010, creates benefits for trusts owned by spouses, including providing equal ownership of property and the sharing of appreciation and income. Previously, she worked in the legal industry as a paralegal, specializing in estate planning, estate administration and corporate law. Previously, Greg worked in human resources and in youth sports. Once you start drilling down into the basis points, it becomes pretty clear that different firms really do different things, he added. Earlier in his career, he served as Assistant Vice President and Trust Officer and as an Operations Supervisor at Independence Trust Company. Alex has three years of banking experience prior to joining Cumberland Trust, most recently working at First Tennessee Bank. She is based in Austin and frequents the Dallas and Houston markets, connecting Texas individuals and families with high caliber trust and estate administration services. Chase holds a Bachelors degree in Finance from the University of Tennessee at Chattanooga. Jennie Menzie joined Cumberland Trust in 2012 and serves as President, Chief Operating Officer, and Corporate Counsel. High-touch administration for those needing additional support. She received her J.D. She holds a B.B.A. Previously, David interned at Valmont Investments and ECOM USA working with real estate and commodities. Lisa Tesar is a vice president and business development officer based in Cumberland Trusts St. Louis office. Decanting is a process whereby assets from an irrevocable trust are moved to a new irrevocable trust with updated provisions. Prior to law school, Jared served as a Supply Chain Analyst with General Electric. With Cumberland Trust serving as an unbiased, third-party executor, co-executor, trustee, or co- trustee, care and attention will be at the forefront as we work to understand the estate plan. Nathan is a Certified Securities Operations Professional (CSOP), a designation awarded by Cannon Financial Institute. Additionally, she has worked with Life Crisis Services and the Incarnate Word Hospital. in Accounting from Manhattanville College in New York. Financial advisors, accountants, and attorneys need a collaborative, non-competitive trust solution for their clients. Based on the west coast of Florida, Bob regularly frequents the major markets across the state. Caitlyn serves as a Trust Officer, focusing on the day-to-day administration of Special Needs Trust (SNT) relationships. But there are a lot of vendors out there that are happy to offload the investment responsibilities and knock a bit off their fees in return. Prior to joining Cumberland Trust, she practiced as an associate attorney with a bankruptcy firm. He specializes in guiding high-net-worth individuals and families through the administration and management of personal trusts and foundations. The Tennessee Community Property Trust Act. Rebecca Halvorson joined Cumberland Trust in 2010. Jodi Monroe joined Cumberland Trust in 2013. One of our co-founders is a former insurance actuary (e.g. Previously, Helina worked in the banking industry, with experience in data analysis and documenting accounts. Comprehensive trust administration, education, and proactive client service for your family. Mary Elizabeth holds a Bachelor of Business Administration (BBA) degree in Finance and a secondary degree in Music Business from Belmont University in Nashville. All rights reserved. Previously, she practiced estate planning and probate law in Cincinnati, Ohio, working closely with the trust department of a local bank. Fee Schedule Search SearchMenu Departments A - C Animal Services Board of Commissioners Board of Elections Budget Division Child Support Community Development Community Transportation Program Cooperative Extension County Attorney County Administration Crown Complex D - I Emergency Services Employee Wellness Engineering Financial Services She is a part of the Young Leaders Council, Class 74. Other high-end trust companies argue that at this level, its pointless to advertise your fees because high-net-worth clients and their advisors are happy to pay for the service. overpaid mortgage interest refund. It all depends on the size of account theyre courting and what makes economic sense, Christopher Holtby, president of Wealth Advisors Trust Company, told me. He received his J.D. Its never as simple as just lining up the fees, says Mike Flinn, a Phoenix-based trust consultant. In this role, Sara Kate works with the Estate Administration team to support families and professional advisors in the administration of estates and administrative trusts. High-touch administration for those needing additional support. We are not investment advisors and focus our efforts solely on trust and estate administration. Prior to joining Cumberland Trust, Phillip worked as an intern on Capitol Hill for U.S. There are very specific things that every trust has to do, and everything else is extra.. Adriana Sosa joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. Owen focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. Prior to joining Cumberland Trust, she worked as a Customer Service Representative with State Farm. Owen holds a bachelors degree in Economics from The University of the South in Sewanee, Tennessee. Plan, preserve, and protect your legacy for generationstocome. As Peak Trust founder Douglas Blattmachr told me, its pointless to advertise how much a generic offering would cost when the fact is that at this level, one size fits none. Meredith focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. Military discharge certified copy as authorized. 2022 Holiday Trash & Recycling Schedule | cumberlandme Home Home About Cumberland Departments Active Living 55 + Mission Book Delivery Service Community Resources Cumberland Area Rides (CAR) Durable Medical Equipment Handy Helpers Mornings With Friends Property Tax Assistance Service Request Vendor List Vendor Referral Volunteer Application We typically apply the Total Rate of Return concept so that both current and future beneficiaries interests are considered. Lauren holds a bachelors degree in Business Administration with a concentration in Marketing from the University of Tennessee at Martin. Her background also includes experience in federal and state contract management, and insurance defense litigation. She is also a past board member of The Bobby Dodd Institute, a nonprofit that helps individuals living with a disability succeed at work, in the community and in life. He has also worked in a private legal practice in the areas of estate planning, taxation, real estate, and general business. At Cumberland Trust, we work in collaboration with a familys chosen team of professional advisors. Eleanor Claiborne joined the Cumberland Trust team in 2012 and works in corporate strategy, events, and marketing. It's time to rise at Cumberland University We believe your college experience should be intensely personal, intellectually challenging, and full of meaningful moments. Previously, Bonnie worked on Cumberland Trusts Operations team. An outside scholarship may cover the access fee only if the scholarship provider submits to the Office of Financial Aid a written statement that stipulates the scholarship . Douglas is a member of the Young Alumni Council and Gordon Ford College of Business Associates at Western Kentucky University. in Advertising Management with a Minor in Organizational Leadership from Michigan State University. As Senior Vice President and Managing Director of Trust Administration, Caroline is responsible for relationship management and account administration, with a focus on high-net-worth families and their needs. In this role, Dan works closely with external and internal auditors, while managing a team focused on Fiduciary Compliance, Corporate Compliance, Regulatory Compliance, Audit, and Account Transfer. Protect assets from future lawsuits, creditors, ordivorce. In this role, Jennie works with high-net-worth individuals and families, along with their financial, legal, and tax advisors, to support their trust account management and administration needs. He also leads training initiatives to support Cumberland Trusts growing administration team as they serve clients. Ashley is a Nashville native and earned a B.S. She specializes in relationship building with families and their financial, legal, and tax advisors. From checking and savings products to business loans . A native of Missouri, Lisa works to expand Cumberland Trusts presence in the Midwest region. Ryan earned a Bachelor of Business Administration degree (B.B.A.) Typically, the grantor is named as the primary beneficiary during his or her lifetime and may also act as his or her own trustee. Lindsay Hardin joined the Cumberland Trust team in 2015. Alternatively, advance directives (e.g., a living will or do-not-resuscitate (DNR)) help guide the specific decisions of doctors and caregivers if you become incapacitated and incapable of expressing your wishes regarding your medical treatment. Definition of a Corporate Trustee Harriet received a B.S. Prior to joining Cumberland Trust, Sloan worked for more than 14 years as a Private Banker and Assistant Vice President with U.S. Trust Private Wealth Management in Nashville, TN. in Communication from Salem College in Winston-Salem, North Carolina. Other important documents to consider when drafting a will include power of attorney(s). Outside of work, Brianna has enjoyed volunteering at Atlanta Ronald McDonald House where she helped provide meals to patients and families in residence. Newly contributed or acquired assets do not include assets acquired by the sale, transfer, exchange, or otherwise of the amount of trust property on which fees were previously assessed." G.S. As a collaborative member of the Special Needs Trust Administration team, Michelle provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Emily Dye joined Cumberland Trust in 2019. Jennie has served on the Board of Directors of Vox Grata since 2017. Senior Vice President & Business Development Officer. He currently coaches for the Nashville Predators youth hockey teams. in Political Science from the University of Tennessee, Knoxville and was awarded a J.D. As Vice President of Corporate Development, Douglas works to expand Cumberland Trusts relationships with families and advisors in the Nashville region. Amanda received a B.A. in Public Relations with a Minor in Marketing from Belmont University. In this role, Matt works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. from Vanderbilt University. There is a 2.25% convenience fee with a minimum fee of $2.50 per transaction to the filer The Admissions Office is open Monday through Friday from 8am to 4:30pm CST. Plan, preserve, and protect your legacy for generationstocome. Some of these accomplishments include winning the TIAA Excellence Award, serving as a TIAA Emerging Leader, on the Diversity and Inclusion Council and as a corporate United Way liaison. Prior to joining Cumberland Trust, Elizabeth practiced as a contract attorney with Legility, LLC. cumberland trust fee schedule - sexygeeks.be At Cumberlands start, Michelle, a Trust Officer, helped to establish the open architecture platform that focuses on helping families and forming partnerships with advisors. The Playhouse celebrates its 50th . If youre like many individuals this time of year, youre starting the year off by creating a list, Working with an attorney to determine what estate planning documents best fit your and your familys needs is, In a revocable or living trust, the trust creator retains rights over the trust, including the ability to. 7A-307(a)(2a). Layla received a B.S. He focuses on being responsive, attentive, and understanding to build relationships with the clients and families he serves. This legislation allows all of the trust creators top advisors to be involved in the trust management. from Purdue University Global. Prior to joining Cumberland Trust, Jessica worked in sales and marketing for 13 years helping small and mid-sized business owners realize their business goals. The Tennessee Community Property Act of 2010 can benefit families nationwide. Danielle is currently pursuing an MBA with a concentration in Finance. Millie Adams joined Cumberland Trust as a Trust Officer in 2022. Senior Vice President & Managing Director, Tax Administration. Lindsay holds a Bachelor of Music in Music Therapy with a Minor in Psychology from the Berklee College of Music in Boston, Massachusetts. Prior to joining Cumberland Trust, Shelly founded The Donaldson Law Firm following experience at other firms including Lefkoff, Duncan, Grimes, McSwain & Hass, P.C. Michelle is a regular speaker for industry-related events nationwide, and she has been published in The Tennessean. As a collaborative member of the Special Needs Trust Administration team, Robin provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Previously, Mrs. Selinger served as the Assistant Director of Development at St. Paul Christian Academy and prior to that as the Interim Development Director at Belle Meade Plantation. Prior to Cumberland Trust, Sara worked at a Maryland title company and has experience with title searches, deeds and other loan documentation. ", Maybe $2,500, he conceded. Meredith graduated from Boise State University in Boise, Idaho with a bachelors degree in Business Administration. The place is well-maintained and the pools are absolutely beautiful. Andrew earned a B.S. Elsie currently serves as a Business Development Associate in Atlanta, assisting in the onboarding of new trust and estate accounts for families and their professional advisors. Dudleys experience includes working as Senior Vice President at First American National Bank. In her role as Assistant Vice President and Trust Officer, Katrina works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Through collaboration with our Trust and Estate Administration team members, she provides a high level of expertise to her clients. Trust Fee Schedule - Central Bank Our advisor-friendly commitment to independent trust and estate administration allows financial advisors, estate planning attorneys, and accountants to provide their expertise, while we focus on performing our fiduciary duty and taking care of our mutual clients. Shelly Donaldson serves as the Vice President and Business Development Officer based in Cumberland Trusts Atlanta office. Meg started her career with Cumberland Trust in 2011 as a Trust Officer with the Special Needs Administration team and later transitioned to the role of Assistant Fiduciary Counsel. Previously, he worked as a conflict analyst with Pillsbury Winthrop Shaw Pittman. Earlier in her career, Lou Anne worked in the Cook County States Attorney Office in Chicago as an Assistant States Attorney and Prosecutor in the Appellate Division and then in the Abuse and Neglect Division of Juvenile Court. She is a graduate of Southern Trust School in Mobile, Alabama and has earned her Certified Trust and Financial Advisor designation (CTFA). Additionally, he is on the Board of Directors of the Center for Living and Learning and on the Advisory Board for Men of Valor. Services are intended to be all-inclusive. We will be expanding coverage; please also include any other services offered such as investment management, special purpose trusts, HSAs, etc. 2021 Cumberland Trust. Outside of work, Katelynn enjoys volunteering at local animal shelters. We believe our relationship managers should be fully focused on their current clients. Brianna McCray joined Cumberland Trust as a Trust Specialist in 2021. She specializes in estate and post-mortem trust administration, especially those involving complicated family structures and tax issues. This could mean naming current beneficiaries and then allowing for the inclusion of others born after the trusts inception. How Can They Provide Better Service to Families? Vice President & Director, Legal, Senior Fiduciary Counsel. Additionally, she mentors trust officers and their teams, building connections between Cumberland Trusts relationship managers, external advisors, and clients.
Ivan Murdock Funeral Notices, Articles C