Site by, The Collaborative Directed Trustee/Financial Advisory Relationship. 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. Before joining Cumberland Trust, Lori worked in the Institutional Sales division and Private Wealth Management group at Merrill Lynch and at Morgan Keegan and J. C. Bradford and Company. 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. The Tennessee asset protection trust is available to anyone in the country as long as a qualified trustee is a resident of Tennessee or a Tennessee-based trust institution. in Family and Consumer Sciences from the University of Georgia. Provide for the management of assets while a person is still living and govern how assets will be distributed upondeath. Fees and Fines. . He has also worked in a private legal practice in the areas of estate planning, taxation, real estate, and general business. He holds a B.S. She received her J.D. To make sure your institution is included or excludedin theJuly 2nd editionof this survey please let us know. Explore North Carolina's counties for court services and information, such as courthouse locations, jury service, contacts, and more. Specialized expertise combined with care and compassion for your family. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. Robert holds a B.S. what lottery has the best odds in ontario; dora dolphin birthday; shooting rest for hunting; cool military callsigns; A series of fortunate events July 20, 2020. Estate and post-mortem trust administration to honor, support, and carry out your wishes. Scott Martin, contributing editor, The Trust Advisor. Debbie holds an Executive J.D. Emily Dye joined Cumberland Trust in 2019. It's time to rise at Cumberland University We believe your college experience should be intensely personal, intellectually challenging, and full of meaningful moments. BBB File Opened: 2/19/2004. David Shetler joined the Cumberland Trust team in 2020. 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 . Depending on your needs, establishing a revocable living trust is another option your attorney might recommend as part of your estate plan. Knowledge and experience to navigate complex, hard-to-value, illiquid assets. from Vanderbilt University. Yes, each of our clients has a primary relationship with a dedicated trust officer or administrator. Site by Circa Creative Studios, Specialized Knowledge and Focused Administration. Jennie focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. She focuses on topics related to family governance structures, succession planning, and working with a corporate trustee. For many families, naming a corporate executor, co-executor, trustee, or co-trustee is preferable to burdening a family member with such a role. 2022 Orphans' Court Calendar (pdf) 2022 Full Court Calendar (pdf) Rules. Prior to her role on the business development team, Elsie was a Trust Administrator, focusing on the day-to-day administration of personal trust relationships for clients needing extra support. Lindsay also has previous experience working as a Music Therapist with a variety of individualsranging from babies in the NICU, children and adults with Special Needs, Seniors, and persons in hospice care. Creates engaging experiences that inspire conservation action. As Assistant Vice President and Compliance Officer, Harriet ensures that accounts are opened or closed and documented accurately. As a collaborative member of the Personal Trust Administration team, Eloise provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. He is a First Lieutenant in the U.S. Army JAG Corps, Reserve Component. As Vice President & Director of Special Asset Administration, April works in ongoing administration of special assets held in trust, such as commercial or residential real estate; closely-held business interests; mineral, oil, and gas interests; and promissory notes. Owen focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. and MBA from the University of Memphis. Tenisha Clausi joined the Cumberland Trust team in 2013. Prior to joining Cumberland Trust, she served as the founding Director of Operations for a Middle Tennessee anti-human trafficking nonprofit organization. Previously, Susan worked as an Engagement Officer for Cumberland Trust, providing direct support to the Business Development team by initiating and developing new Trust opportunities and prospective client relationships, while also working internally to onboard new accounts. Working with us, you will get to know our team of talented, compassionate, and committed individuals who are active in their communities and passionate about taking care of our clients. What is a Directed Trustee? In many cases, the principal of the trust is distributed to remainder beneficiaries. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. Shannon McGarrity joined the Cumberland Trust team in 2022 as Senior Vice President and Managing Director in Business Development. As a Trust Administrator and collaborative member of the Personal Trust Administration team, Mary Elizabeth provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Sarah holds a bachelors degree in Finance from Washington State University. Senior Vice President & Managing Director, Corporate Development. With a connected team of 120+ experts at your service in 10 offices nationwide. Gina St. Charles joined Cumberland Trust in 2007 and works with over 350 CPAs to coordinate the preparation and filing of trust tax returns with the IRS and state revenue departments. Our Cumberland Trust Family is Here to Take Care of Yours Trusted relationships are at the heart of what we do. He received a J.D. Previously, Bonnie worked on Cumberland Trusts Operations team. Leslie is a member of the Tennessee Bar Association and is licensed to practice law in Tennessee. His experience also includes positions as Hockey Operations Associate and Assistant Youth Hockey Instructor for the New York Rangers. Dudley Selinger has been a part of the Cumberland Trust team since 2013. Specialties: "Consistently, Cumberland County Playhouse presents the best musical theater offerings you're likely to find outside of NYC." - Broadway World One of the top professional theaters in rural America, Cumberland County Playhouse in Crossville, TN produces an exciting, diverse lineup of musicals, plays and concerts presented in year-round repertory. She has particular expertise in tax and estate planning involving real estate, closely held business entities and planning for a family member with a disability (Special Needs Planning). cumberland trust fee schedulesan juan airport restaurants hours. A beneficiary can be a person or an institution. As Vice President, Trust Officer, and Manager in personal trust administration, she is responsible for working with high-net-worth individuals and families on trust account management and administration. In her role as Trust Officer, Amanda works with individuals and families, providing service and attention to the day-to-day needs of personal trust clients. She specializes in relationship building with families and their financial, legal, and tax advisors. Elizabeth is licensed to practice law in Tennessee and Kentucky. Services are intended to be all-inclusive. 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. Layla has extensive experience in due diligence, contracting, and compliance. In this role, she works closely with external and internal auditors, while focusing on Fiduciary Compliance, Corporate Compliance, and Regulatory Compliance. Originally from New York state, Bob holds a Bachelor of Science degree in Engineering from Rochester Institute of Technology. Trust Advisors - Private Trust Company: Planning, Administration & More Quarterly fee of $15.30 per account. She is licensed to practice law in Illinois. She assists in the onboarding of new Cumberland Trust clients and their advisors, providing attentive support during times of change. Sarah Leighton joined the Cumberland Trust Personal Trust Administration team in 2022 as a Trust Specialist. Plat or Map. Tennessee is one of only three states that allow community property trusts. Previously, Zandra worked in retail management. West Virginia Housing Fund Fee, in addition to any excise tax imposed on property transfers. He also leads training initiatives to support Cumberland Trusts growing administration team as they serve clients. Constant availability. In this role, Andrea works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Lorena specializes in building relationships with her clients through regular communication, care, and understanding. in Economics from Smith College in Northampton, Massachusetts. from Belmont University College of Law in Nashville. Previously, Mr. Presley served as Chairman, President, and CEO and as President and Chief Operating Officer of Cumberland Trust. Outside of work, Avery enjoys volunteering as an assistant basketball coach. Senior Vice President & Managing Director, Tax Administration. Jennie holds a B.S. All rights reserved. Senior Vice President & Director, Business Continuity & Information Security. We typically apply the Total Rate of Return concept so that both current and future beneficiaries interests are considered. Source: Websites and telephone interviews. Senior Vice President & Business Development Officer. What Investors Need to Know about SECURE 2.0 Provisions, Need Help With Your Asset Allocation in Retirement? Subscribe to receive Cumberland Trust news, resources and insights in your inbox. Our dedicated staff have the time and attention to make sure our mutual clients receive unmatched support, education, and care when they need it most. She currently volunteers with CASA, which advocates for children who are in the foster care system seeking permanent homes. in Business/Management from the University of Phoenix. She also has experience working in personal trust administration with clients requiring senior care and special care services. Under an agency trustee service agreement, the individual trustee, private or professional, has control over all trust administration and trust accounting. Tennessee continues to distinguish itself as a desirable state for trusts, and new legislation maintains this advantage. Location of This Business. Senior Vice President & Managing Director, Operations/Technology. Alex is licensed to practice law in Tennessee. Fee Schedule. Prior to joining Cumberland Trust, Meredith worked for over five years with Nike, Inc. in their Tennessee offices. Its never as simple as just lining up the fees, says Mike Flinn, a Phoenix-based trust consultant. Typically, the grantor is named as the primary beneficiary during his or her lifetime and may also act as his or her own trustee. Years in Business: 22. Business Started: 1/1/2001. She specializes in estate and post-mortem trust administration, especially those involving complicated family structures and tax issues. Caroline is a member of the Tennessee Bar Association, Nashville Bar Association, and the Estate Planning Council of Middle Tennessee. Comprehensive trust administration, education, and proactive client service for your family. While attending college, she served as a member of the executive student government and assisted University Admissions in the recruitment of prospective students. Stocks, after a few years of. But beyond that level, technology keeps improving and letting efficient trust companies bring down their overall cost proposition. Cumberland Trust has provided professional, comprehensive estate settlement services for many years throughout the geographic regions where we serve. We are compassionate and diplomatic when dealing with complex family relationships. Prior to joining Cumberland Trust, Ryan worked for litigation firmshandling cases involving complex commercial litigation, bankruptcy, and personal injury. Safe Deposit Box Rental . in Business Administration from Belmont University (magna cum laude). The Cumberland Land Trust is a private, non-profit, charitable, conservation organization run by a dedicated group of volunteers. Previously, he served as Vice President of business development for a regional trust company in western New York. Prior to joining Cumberland Trust, she practiced as an associate attorney with a bankruptcy firm. Earlier in his career, he served as Assistant Vice President and Trust Officer and as an Operations Supervisor at Independence Trust Company. Jodi Monroe joined Cumberland Trust in 2013. Assistant Vice President & Marketing Manager. We will be expanding coverage; please also include any other services offered such as investment management, special purpose trusts, HSAs, etc. Cumberland Town Hall, 290 Tuttle Road, Cumberland, ME 04021, (207) 829-5559 Email Us Hours: Monday-Wednesday: 8am-5pm, Thursday: 8am-6pm, Friday: CLOSED. All rights reserved. She enjoys cultivating relationships with her clients while creating and maintaining a plan for their trust that prudently meets their needs and ultimate goals. Hannah is a graduate of Eastern Illinois University where she received a B.S. Take time to consult with a team of trusted professional advisors (e.g., attorney, financial advisor, CPA) and carefully consider the best options for you and your family. Previously, Lori served as Senior Vice President and Managing Director of Corporate Strategy. The upshot is that by concentrating on high-end clients, a white-glove firm like Northern Trust can build a lot of sizzle into its steak, even though the cost per dollar of AUM is comparable to what bare-bones vendors charge. As Assistant Vice President and Trust Officer in the personal trust division, she is focused on providing a high level of responsiveness and attention to her clients. . Trustee fees are the payments that'll be made to your appointed Trustee in exchange for the service they'll provide as they fulfill their duties in the role. from Southwestern Law School in Los Angeles. Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. Kim Kochamba joined the Cumberland Trust Special Needs Trust Administration team in 2023 as a Trust Specialist. No products in the cart. Senior Vice President & Managing Director, Business Development. In his leisure time Tim enjoys reading and crafting heirloom, hardwood rocking chairs for adults and children.
