in Political Science from the University of Tennessee at Chattanooga and a J.D. Debbie holds an Executive J.D. All rights reserved. cumberland trust fee schedulesan juan airport restaurants hours. Vice President & Business Development Officer. While in law school, she developed a passion for estate planning during her time in the Homer A. Jones, Jr. Wills Clinic. Beth is a Certified Mediator and licensed to practice law in Tennessee. The trustee must be legally competent to accept the trust property he or she is to manage. In fact, Lindsays will be the first friendly voice youll likely hear when you call Cumberland Trust. As a collaborative member of the Personal Trust Administration team, Katelynn provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Originally from New York state, Bob holds a Bachelor of Science degree in Engineering from Rochester Institute of Technology. One of the resulting benefits. Kim holds a B.S. All rights reserved. Emily Dye joined Cumberland Trust in 2019. We work closely with attorneys and financial advisors who have established estate plans and investment objectives for their long-standing clients. 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. In this role, Ryan works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. As Chief Fiduciary Officer, Chris oversees the day-to-day management of the entire Administration team, which includes Personal Trust Administration, Special Needs Trust Administration, and Estate Administration. Working alongside your chosen team of financial, legal, and tax advisors, we provide experienced trust and estate administration, compassionate hands-on service, guidance, and support through lifes transitions. Trust fees are headed higher according to our pricing survey completed this week. Some wills can establish trusts for asset protection purposes or determine guardianship of minor children in the event of both parents death. Ashley is a Nashville native and earned a B.S. To contact us, click here. Corporate Secretary, Senior Vice President & Managing Director, Compliance and Audit. Previously, Haley worked as a trust specialist in the Distinctive Care Division, specializing in providing assistance to trust officers and administrators, and focusing on supporting clients with special needs. Additionally, she handles special projects for the compliance team. 40 Burton Hills Boulevard Suite 300, Nashville, TN 37215-6292. Katrina focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. She assists in the onboarding of new Cumberland Trust clients and their advisors, providing attentive support during times of change. 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 In this role, she works with the compliance department to ensure that new accounts are properly documented and opened correctly. Tuition and Fees. One of the resulting benefits. Prior to joining Cumberland Trust, she was a Trust Officer at First Tennessee providing account and administration support to families in the areas of personal trust, employee benefits, and investment management. Sloan Shell joined Cumberland Trust in 2015. Robert Ottinger joined Cumberland Trust as a Trust Administrator in 2021. Vice President & Trust Officer, Administration Manager. Additionally, she has experience working with Cumberland Trusts legal team. Lindsay earned a B.A. Previously, he worked in the financial solutions industry. Use This Bucket Approach From Morningstar, IRS Offers New Rules on Deadline for Using Retirement Forfeitures, Billionaire Investor Bill Gross Rips Absurd CNBC Over Cathie Wood, Automatic 401(k) Enrollment Could Be Coming Soon, House Votes to Overturn Rule Allowing ESG Investing in Retirement Plans, Markets Are Trying to Figure Out What to Anchor to, Strategist Says, Why European Stocks are Currently Outperforming US Stocks, Bond King Jeffrey Gundlach Prepares for Recession 2023. The Admissions Office is open Monday through Friday from 8am to 4:30pm CST. Heather received a B.A. google hiring committee rejection rate. She supports the estate administration team, providing care and attention to estate and post-mortem trust clients. The grantor does not have to be significantly wealthy or have a large number of properties or assets. Bob Carville joined the Cumberland Trust team in 2022. Prior to joining Cumberland Trust, he was a Financial Consultant at Fidelity Investments in Chesterfield, Missouri. Shelly served on the Executive Committee of the Georgia Bar Association Fiduciary Law Section and was a past chair of the Atlanta Bar Estate Planning and Probate Section. Ensure that assets such as a family business are leftundivided. How Can They Provide Better Service to Families? Once you start drilling down into the basis points, it becomes pretty clear that different firms really do different things, he added. With a connected team of 120+ experts at your service in 10 offices nationwide. Rachel is licensed to practice law in Tennessee. Over the past several decades, many states have worked to update trust legislation. Senior Vice President & Managing Director, Tax. Schedule a Visit. 2021 Cumberland Trust. Some firms work strictly from a rate card. In this role, Matt works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Jared is a member of the Tennessee Bar Association and is active with the Estate Planning and Probate Section. Lindsay holds a Bachelor of Music in Music Therapy with a Minor in Psychology from the Berklee College of Music in Boston, Massachusetts. Bid Notifications. She received a professional certification in software programming from The University of Texas at Austin. Hannah is a graduate of Eastern Illinois University where she received a B.S. Previously, Ashley worked for Newt Gingrichs 2012 presidential campaign. Birth certificate certified copy. 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. In this role, Millie works with the Personal Trust Administration team to support individuals and families, along with their financial, legal, and tax advisors. Avery focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. Additionally, she has worked with Life Crisis Services and the Incarnate Word Hospital. Prior to joining Cumberland Trust, Adriana worked as an Account Manager in the direct mail industry, managing the status of accounts and supporting client relationships. Previously, Mr. Presley served as Chairman, President, and CEO and as President and Chief Operating Officer of Cumberland Trust. $25.00. in American Studies from the University of Tennessee (summa cum laude). , passed in 2010, creates benefits for trusts owned by spouses, including providing equal ownership of property and the sharing of appreciation and income. As Vice President, Trust Officer, and Administration Manager, she is responsible for high net worth personal trust relationship management and account administration. Cumberland Trust & Investment Co. is a privately controlled organization and a par See more Address Multiple locations Size Small Founded 2001 CEO Joseph K. Presley Type Company - Private Revenue $5M to $10M Industry Investing Companies Website https://cumberlandtrust.com Similar companies See what companies are similar to Cumberland Trust In this role, Sarah collaborates with the Personal Trust Administration team to support individuals and families, along with their financial, legal, and tax advisors. Plan, preserve, and protect your legacy for generationstocome. There is a 2.25% convenience fee with a minimum fee of $2.50 per transaction to the filer All other documents. If more than one of the foregoing fees could apply to a given Trust Custody Account, the highest applicable fee will apply. In this role, Andrea works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. 120+ dedicated, trusted experts to serve your family, support your team, and ensure your lasting legacy. Lou Anne Wolfson joined Cumberland Trust in 2013. Jared received a B.S. in finance from Auburn University. Two years (circa 2017) we asked ourselves how to calculate trustee fee schedules with more precision based on our risk and time only. Kathy Roberts of Santa Fe Trust agrees. Alexbeganat Cumberland Trust workingon the legal team and then transitioned to the administration of trust accounts. Prior to joining Cumberland Trust, Chase worked at Bellhops in Chattanooga as a Business Analyst. Mary Elizabeth holds a Bachelor of Business Administration (BBA) degree in Finance and a secondary degree in Music Business from Belmont University in Nashville. She serves as a Business Development Associate overseeing the onboarding of new business opportunities. While attending college, she served as a member of the executive student government and assisted University Admissions in the recruitment of prospective students. Danielle Croteau joined Cumberland Trust as a Trust Specialist in 2022. Just another site. 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. Vice President & Director, Estate Administration. Prior to joining Cumberland Trust, Riley worked as an Operations Analyst at UBS Financial. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. She focuses on helping clients needing extra support through the coordination of distinctive care services. Additionally, he manages a growing team of personal trust officers, administrators, and specialists. To find out where the sizzle hits the steak for various types of trust company, The Trust Advisor conducted a survey below of what theyre charging. Fees and Fines. These corporate trustees can charge an annual fee of 0.5% to 2% of the trust's assets, in addition to requiring a minimum. What Investors Need to Know about SECURE 2.0 Provisions, Need Help With Your Asset Allocation in Retirement? Adriana holds a B.A. One of our co-founders is a former insurance actuary (e.g. Alex has three years of banking experience prior to joining Cumberland Trust, most recently working at First Tennessee Bank. Layla is licensed to practice law in Tennessee and Louisiana. Prior to joining Cumberland Trust, Rene was Vice President and Trust Advisor with SunTrust Bank and prior to that she was Director of Planned Giving for the YMCA of Middle Tennessee. 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 . 633 Chestnut Street $10 (register may waive for person over 62 years old) Birth certificate after one year or more for same county, with one certified copy. Senior Vice President & Managing Director, Tax Administration. Debbie has 32 years of experience in the trusts and estates industry. As a member of the Personal Trust Administration team specializing in Distinctive Care, Andrew provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. She enjoys cultivating relationships with her clients while creating and maintaining a plan for their trust that prudently meets their needs and ultimate goals. 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. All rights reserved. This could mean naming current beneficiaries and then allowing for the inclusion of others born after the trusts inception. 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. Prior to joining Cumberland Trust, she worked as a leader of the Activities Department at Abes Garden Alzheimers and Memory Care Center. She was awarded her J.D. Shelby Carpenter began work at Cumberland Trust in 2016. Leslie is a member of the Tennessee Bar Association and is licensed to practice law in Tennessee. What is new at CU 1 Courthouse Square Carlisle, PA 17013. Previously, Stephen served as Fiduciary Counsel and Special Assets Officerreviewing and preparing documents and working with unique, illiquid, and hard-to-value assets held in trust. Prior to joining Cumberland Trust, Elizabeth practiced as a contract attorney with Legility, LLC. Since the company's founding in 2001, it has grown to more than 120 employees, serving. 30 reviews of Moyer & Sons Moving & Storage "My family has been using Moyer & Sons since my folks moved to DC a little less than thirty years ago. Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. C. Runcie Clements, IV joined Cumberland Trust and Investment Company in 2002 and serves as Chief Legal Officer and General Counsel. Creates engaging experiences that inspire conservation action. Kimberly holds a B.A. For many families, naming a corporate executor, co-executor, trustee, or co-trustee is preferable to burdening a family member with such a role. If an individual is named to settle your estate, that person could become sick, injured, or have other personal or business interests interfere at a time when his or her presence is crucial. Rebeccas previous experience includes working as a Management Consultant for Ernst & Young, a Financial Analyst, and then Managing Director of Investor Relations and Corporate Contributions for FedEx. Heather Logan joined Cumberland Trust in 2022 as Vice President, Director of Human Resources. Mr. Presley holds a B.A. 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. She focuses on providing premier and attentive service to our clients and families with special needs. Stephen Crofford joined Cumberland Trust in 2016. No cost to post a project to get multiple bids in hours to compare before hiring. Site by Circa Creative Studios. in Business Management (Deans list & OVC Commissioners Honor Roll). Until further notice, the original 1905 portion of the old courthouse is CLOSED to the public due to the current structural integrity of the Building. With a connected team of 120+ experts at your service in 10 offices nationwide. 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. Previously, she worked for seven years as a Registered Sales Assistant with a financial advisory firm. A corporate executor or co-executor can be especially helpful when modern family dynamics may be involved. Her experience includes developing and leading an internal middle office team to support attorneys, wealth management advisors and clients with the onboarding and funding of new trust and estate accounts and relationships. We balance any requests against the interest of both the current income and remainder beneficiaries. $10.00. 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 , passed in 2004, provides a comprehensive set of laws that allow a trust to be administered very efficiently and effectively. Before joining Cumberland Trust, Nathan worked as a Senior Consultant with Financial Industry Technical Services. In many cases, the principal of the trust is distributed to remainder beneficiaries. Prior to Cumberland Trust, Sara worked at a Maryland title company and has experience with title searches, deeds and other loan documentation. Matt Skeens joined Cumberland Trust as a Trust Administrator in 2022. It really does depend on what the client wants us to provide, he says. Cumberland Town Hall, 290 Tuttle Road, Cumberland, ME 04021, (207) 829-5559 Email Us Hours: Monday-Wednesday: 8am-5pm, Thursday: 8am-6pm, Friday: CLOSED. Caroline is a regular speaker for industry events nationwide and has been a guest of the Wealth Matters radio show. 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 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). Prior to joining Cumberland Trust, Jeiman served as Treasury Management Officer for Capital Bank. Bob and his wife Jodi have two adult sons, and they live in the Fort Myers, Florida area. No fee. Senator Thad Cochran (Mississippi). Kimberly George joined the Cumberland Trust team in 2014. Specialized expertise combined with care and compassion for your family. Account minimums tend to be relatively lowWealth Advisors Trust and Santa Fe Trust can theoretically start a trust with as little as $1but expenses can be a little higher to cover the fixed cost of administering these tiny trusts. Layla received a B.S. She has extensive knowledge in the preparation and review of legal correspondence and compliance documents. did chimney and maddie break up; san diego housing authority cumberland trust fee schedule. realized gains on the sale of any and all trust assets. This document allows the trust creator or grantor to place selected assets in trust. Each time they were early or on time, fast, and provided excellent service. For 35+ pages, please contact the County Clerk's office at (304) 264-1927. in Political Science and Economics from the University of Tennessee and a Paralegal Certificate from the National Institute of Paralegal Training in Atlanta. She was awarded the Certified Trust and Financial Advisor designation (CTFA) and is a graduate of Cannon Trust School, through Cannon Financial Institute. $25.00. Carla received a B.A. Hannah Kimbrough serves as a Trust Officer in Personal Trust Administration. David holds a bachelors degree in economics with a minor in business finance from Sewanee: The University of the South, Sewanee, Tennessee. in Spanish from Southern Methodist University in Dallas, Texas. in Economics from Smith College in Northampton, Massachusetts. Asha Nivison joined Cumberland Trust in 2012. We believe our relationship managers should be fully focused on their current clients. She is a member and past board member of the Financial Planning Association of Greater Memphis and a member of the Memphis Estate Planning Council. Building Connected Insurance Offerings Starts With Customer-Focused Innovation, Model Portfolio & SMA Strategists Selection Guide, The 2022 TAMP GROWTH SUMMIT | RECEIVE 1.5 HRS CE CREDIT, 2022 America's Most Advisor Friendly Trust Companies, America's Best Trust Technology Buyers Guide 2021-2022. Michelle is a regular speaker for industry-related events nationwide, and she has been published in The Tennessean.