Prior to joining Cumberland Trust, she worked in telecommunications and has previous experience in accounts payable, accounts receivable, payroll and taxes. 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, Owen works with the Personal Trust Administration team to support individuals and families, along with their financial, legal, and tax advisors. Early on, she developed the Special Needs Trust group, serving the needs of client family members with disabilities. However, if non-routine or extraordinary services . He focuses on connecting Florida individuals and families and their professional advisors with high caliber, directed trust administration services. 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. in Advertising Management with a Minor in Organizational Leadership from Michigan State University. Previously, Mr. Presley served as Chairman, President, and CEO and as President and Chief Operating Officer of Cumberland Trust. Vice President & Manager, Business Development Associate. He also leads training initiatives to support Cumberland Trusts growing administration team as they serve clients. Most of the people I talked to say the cost of running a trust has already gone about as low as it can go. in Political Science and Economics from the University of Tennessee and a Paralegal Certificate from the National Institute of Paralegal Training in Atlanta. 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. There are very specific things that every trust has to do, and everything else is extra.. Bonnies previous experience also includes roles at JP Morgan Chase and Deutsche Bank. Brianna McCray joined Cumberland Trust as a Trust Specialist in 2021. Thats really the minimum anyone can comfortably charge. She is also an active supporter of Cheekwood and the annual Swan Ball. What are the potential benefits and protections offered byatrust? Helina received a B.A. 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. Outside of work, Bonnie enjoys volunteering at Grace Works and One Generation Away. 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. 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. Site by. Previously, Millie worked in the interior design industry where she specialized in developing interior design solutions and delivering superior client service. 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. 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 Business Management (Deans list & OVC Commissioners Honor Roll). She enjoys volunteering with animal rescue organizations and supporting various charities to help fight against animal cruelty. High-touch administration for those needing additional support. from Quinnipiac University School of Law in Hamden, Connecticut. 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 . Jody joined the Cumberland Trust team in 2010. While attending college, she served as a member of the executive student government and assisted University Admissions in the recruitment of prospective students. Adriana Sosa joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. She oversees the Special Needs Trust Administration department and manages a growing team of trust officers, administrators, and specialists focused on providing excellent client service. with a concentration in Business Transactions from the University of Tennessee College of Law (magna cum laude). Caroline is a regular speaker for industry events nationwide and has been a guest of the Wealth Matters radio show. Prior to joining Cumberland Trust, she practiced as an associate attorney with a bankruptcy firm. 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. We dont take a trust that isnt going to be profitable, she told me. from Indiana University Maurer School of Law and is licensed to practice law in Tennessee. Andrew is an avid hockey enthusiast. 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. Before that, she was Vice President in the Custody Income Operations department (Global Securities Services) at Deutsche Bank/State Street in Nashville. A beneficiary can be a person or an institution. Tuition and Fees. Meredith Harville joined Cumberland Trust as a Trust Administrator in 2021. Previously, she served as Vice President, Trust Advisor at SunTrust Investment Co. handling Trust Administration for their private wealth management department. She earned an MBA and B.S. Prior to joining Cumberland Trust, Lauren worked at Franklin Synergy Bank as a Trust and Wealth Management Associate providing support to financial advisors with client onboarding and relationship management. All rights reserved. She also holds an MBA from Bethel University in McKenzie, Tennessee. The Admissions Office is open Monday through Friday from 8am to 4:30pm CST. In his leisure time Tim enjoys reading and crafting heirloom, hardwood rocking chairs for adults and children. He advises the company on trust and estate administration, special assets administration, fiduciary compliance and corporate governance matters. 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. Previously, she worked in the legal industry as a paralegal, specializing in estate planning, estate administration and corporate law. Harriet received a B.S. Cumberland, OH. in Finance from The University of Memphis. Outside of work, Sarah enjoys spending time with friends and family. Previously, she served as Treasurer at Fort Vancouver TV. Chris has many years of experience in relationship management and trust account administration and has specialized in serving high net worth individuals and families. Prior to joining Cumberland Trust, Robin served in multiple roles over six years with Brookdale Senior Living, Inc., including, Senior Living Advisor, RTA Specialist, Connection Center Supervisor, and Quality Assurance Specialist. Site by, The Collaborative Directed Trustee/Financial Advisory Relationship. Prior to joining Cumberland Trust, she worked as a leader of the Activities Department at Abes Garden Alzheimers and Memory Care Center. Chris Buckley joined the Cumberland Trust team in 2006. from Belmont University College of Law. Prior to Cumberland Trust, Asha served as Director of Implementations at Emdeon, where she managed teams responsible for implementing direct claims connections with healthcare companies. Heather holds bachelors degrees in Psychology and Religion from Lambuth University. Debbie Schultz is Vice President and Director of Special Needs Trust Administration at Cumberland Trust. Trust fees are headed higher according to our pricing survey completed this week. from the Cumberland School of Law at Samford University in Birmingham, Alabama. Prior to joining Cumberland Trust, Avery was an associate attorney at Brazil Clark, PLLC and worked as an Investment Advisor at Valor Financial Services. Practical Variance Appeal Application. Vice President, Compliance & Audit Officer. 19 reviews of Cumberland Park Apartments "I lived in Cumberland Park for approximately 7 months during an internship. 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. 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. 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. It all depends on the size of account they're courting and what makes economic sense, Christopher Holtby, president of Wealth Advisors Trust Company, told me. Shelby holds a B.S. 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. In this role, Ryan works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. overpaid mortgage interest refund. April is also a graduate of ABA Trust School, as well as Cannons Unique and Hard to Value Assets School. 2021 Cumberland Trust. Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. Hitting the sweet spot is part art, part science, he explains. Bonnie Parrish joined Cumberland Trust in 2017. google hiring committee rejection rate. Greg Sauers joined Cumberland Trust as a Trust Administrator in 2020. He assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. Leslie is a member of the Tennessee Bar Association and is licensed to practice law in Tennessee. Wealth Advisors Trust Co. trustee fee schedule rests on hourly, fixed and percentage of assets. Owen focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. But beyond that level, technology keeps improving and letting efficient trust companies bring down their overall cost proposition. Prior to joining Cumberland Trust, Emily worked at a holistic wellness center working with client families. Personal Trust Administration During her time at U.S. Trust, she assisted families with multi-generational financial planning, credit needs and overall wealth management services. launchpad classlink nmusd; cantonese text to speech; 15 second tv commercial script examples Tennessee - Cumberland Trust Tennessee Chattanooga Main Office 633 Chestnut Street Republic Centre, Suite 1540 Chattanooga, TN 37450 P: 423.664.9747 F: 423.634.0887 Michelle Diamond Chief Development Officer & Executive Director of Regional Markets Ashley Fischer Business Development Associate Knoxville Main Office 334 Ebenezer Road All rights reserved. In this role, she reviews and drafts documents relating to incoming and transferring trusts. Mr. Clements heads up a legal team, made up of attorneys, compliance officers, and specialists. Jennie Menzie joined Cumberland Trust in 2012 and serves as President, Chief Operating Officer, and Corporate Counsel. Elizabeth holds a B.A. Prior to law school, Jared served as a Supply Chain Analyst with General Electric. in Finance and Economics from Lipscomb University and is a graduate of Southern Trust School. in History of Art and Architecture from the University of Reading in England. Decanting is a process whereby assets from an irrevocable trust are moved to a new irrevocable trust with updated provisions. $10. Michelle Diamond is Chief Development Officer. Either way, Christopher Holtby of Wealth Advisors Trust told me that theres always room for enthusiastic competitors. Vice President & Director, Estate Administration. , passed in 2004, provides a comprehensive set of laws that allow a trust to be administered very efficiently and effectively. Carla received a B.A. Zandra studied International Development at Sewanee: The University of the South in Sewanee, Tennessee and Economics at Roanoke College in Salem, Virginia. in Communication Studies with an emphasis in Public Communications from Marshall University in Huntington, West Virginia. His focus is on ensuring clients receive the supplemental care and support they need in a timely, professional, and friendly manner. in Accounting. Previously, Alex was the Powerlifting Coach for the Northern Illinois Special Olympics Team for two years. Previously, Helina worked in the banking industry, with experience in data analysis and documenting accounts. Jodi Monroe joined Cumberland Trust in 2013. One of the resulting benefits. Fees for managing smaller trusts aren't calculated by percentage because it could eat up a lot of the trust funds. Over the past several decades, many states have worked to update trust legislation. The Uniform Trust Code, passed in 2004, provides a comprehensive set of laws that allow a trust to be administered very efficiently and effectively. Amanda is active in the community as an event and herd photographer for Saddle Up! Meredith focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. Zandra Ribas joined the Cumberland Trust team in 2019. Previously, she worked for seven years as a Registered Sales Assistant with a financial advisory firm. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. Rebecca holds a B.A. 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. She focuses on providing premier and attentive service to our clients and families with special needs. in Corporate Management and Marketing from Lipscomb University. from Baylor University in Waco, Texas. degree in Corporate Finance from the University of Alabama. A thoughtful estate plan is one of the best gifts you can leave to your family and loved ones. Laura holds a Bachelor of Social Work from the University of Mississippi and a Master of Social Work from St. Louis University. Additionally, she is a member of the Estate Planning Council of Middle Tennessee. Stephen Crofford joined Cumberland Trust in 2016. Caroline Mitchell joined Cumberland Trust in 2019. She is a graduate of Cannon Financial Institutes Trust School and has been awarded the Certified Trust and Financial Advisor (CTFA) designation. Meet Our Personal Trust Administration Team, Conveniently Headquartered in Trust-Friendly Tennessee. Natalicia has been a member of the National Associate of Realtors and Greater Nashville Realtors Association since 2017. Previously, Lou Anne served as Director of the State Advocacy Resource Center of the American Medical Association, where she represented the AMA before the highest levels of state political and medical organizations. In this role, Zandra provides direct support to the business development team. cumberland trust fee schedule. Claim This Company Page Cumberland Trust Hiring Our team is experienced in handling specialized trusts, illiquid assets, and navigating complex family dynamics with diplomacy and respect. Plan, preserve, and protect your legacy for generationstocome. She enjoys cultivating relationships with her clients while creating and maintaining a plan for their trust that prudently meets their needs and ultimate goals. 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. Through collaboration with our Trust and Estate Administration team members, she provides a high level of expertise to her clients. He focuses on being responsive, attentive, and understanding to build relationships with the clients and families he serves. and Morris, Manning & Martin, LLP. Its never as simple as just lining up the fees, says Mike Flinn, a Phoenix-based trust consultant. Susan serves as Corporate Strategy and Marketing Officer, supporting Cumberland Trusts growth and nationwide reach through content creation, media relations, and the development, planning, and management of various strategic initiatives aimed at reaching current and new target audiences. Layla Hebert joined the Cumberland Trusts legal team in 2021 and serves as Fiduciary Counsel. Lauren holds a bachelors in business administration and a MBA from the University of Mississippi. Many matters that used to require a court to resolve may now be resolved by agreement among the beneficiaries. These corporate trustees can charge an annual fee of 0.5% to 2% of the trust's assets, in addition to requiring a minimum. 1725.4) effective january 1, 2017: appeal from summary criminal conviction (includes $5 automation fee) $ 48: petition for appeal nunc pro tunc (includes $5 automation fee) $ 48 In some cases, the creator of the trust may also name himself as co-trustee to be responsible in part for administering the trust. 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. Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. Nathan is a Certified Securities Operations Professional (CSOP), a designation awarded by Cannon Financial Institute. He is licensed to practice law in Tennessee. 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. Sara Kate Nash joined Cumberland Trust as a Trust Officer in Estate Administration in 2022. Debbie is a Certified Trust and Financial Advisor (CTFA), graduate of the Cannon Trust School, through Cannon Financial Institute, and has received the Chartered Special Needs Consultant (ChSNC) Designation. Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. Prior to joining Cumberland Trust, Phillip worked as an intern on Capitol Hill for U.S. We focus solely on trust and estate administration so that financial advisors, accountants, and attorneys can focus on what they do best. Prior to joining Cumberland Trust, Sharon spent 16 years as an estate tax attorney with the Internal Revenue Service, where she examined federal estate and gift tax returns and ensured compliance with tax law. Over the past several decades, many states have worked to update trust legislation. Fee Schedule Fee Schedule The Recorder's Office accepts the following payment methods: Checks* - Checks should be made payable to "Recorder of Deeds". County of Cumberland, Pennsylvania. Prior to joining Cumberland Trust, she worked for eight years in Special Education for the Williamson County School District. In his role as Vice President and Fiduciary Counsel, Stephen reviews and drafts documents relating to trust and estate accounts. Phillip holds a Bachelors degree in Business Administration with a concentration in Business Management from the University of Mississippi. in Accounting from Manhattanville College in New York. 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. As Corporate Strategy Officer, Jessica develops the framework and plans to support long-term strategic initiatives for Cumberland Trust. in Political Science from Colgate University. As Assistant Vice President and Trust Officer, Kimberly is responsible for personal trust administration and relationship management, providing attentive service to clients and their legal, financial, and tax advisors. Previously, Eleanor worked as an intern for The Frist Centers development department and in the development and finance division of Christies New York. She received her J.D. I used them twice recently, moving to and from Pennsylvania. Prior to joining Cumberland Trust, Jennie was Director of Client Strategy and Product Development at Trilliant Health. Estate and post-mortem trust administration to honor, support, and carry out your wishes. really really smart guy in Math). 2017 TheTrustAdvisor.com, One thing we discovered: if you just want a no-frills account, Flinn adds, its probably going to cost at least $3,000 a year. She develops and implements marketing initiatives for Cumberland Trusts ten offices. Menu viscount royal caravan. Lou Anne Wolfson joined Cumberland Trust in 2013. , passed in 2010, creates benefits for trusts owned by spouses, including providing equal ownership of property and the sharing of appreciation and income. Others decide what your client will pay when the business is placed on the table. Prior to joining Cumberland Trust, Millie served as an Associate Wealth Advisor at Truxton Trust, providing sophisticated and personalized wealth management services. Jared received a B.S. In this role, Beth works with the Estate Administration team to support families and professional advisors in the administration of estates and administrative trusts. In the community, Caitlyn sings Alto 2 for Vox Grata Womens Choir and has been a Board Member of the Tennessee Pride Chamber since 2021. Military discharge certified copy as authorized. Rene has worked for more than 20 years in the financial services industry and for the past 15 years specifically with trusts focusing on endowments, foundations, and personal trusts. She focuses on delivering responsive and personalized trust administration services. All rights reserved. Chris is a chartered Financial Analyst (CFA) and Certified Trust and Financial Advisor (CTFA). As Vice President and Director of the Special Assets team, Dayton works primarily in the evaluation and ongoing administration of special assets, including mineral, oil and gas interests, commercial and residential real estate, closely held business interests, agricultural and rural real estate, timber properties and promissory notes. Vice President & Director, Personal Trust Administration. Previously, she worked as a Trust Officer for Regions Bank in Knoxville and in Cincinnati, Ohio at Provident Bank in tax and trust accounting. Natalicia Hosseinzadeh joined the Cumberland Trust team in 2018. She received her J.D. In this role, Judy administers estates and administrative trusts, guiding families and individuals during times of loss and transition. Shelly graduated cum laude from the Fredric G. Levin College of Law at the University of Florida, where she also served as an editor of the Law Review. She was awarded a J.D. For example, Santa Fe Trust accepts very small accounts, but according to its published fee scale it will still charge them at least $4,000 a year. All rights reserved. Assistant Vice President & Compliance Officer. She is a Certified Trust and Fiduciary Advisor (CTFA) and has completed Cannons Trust School program. Matt focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. 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. High-touch administration for those needing additional support. Previously, while attending law school, he served as a law clerk to the Honorable Judge Kathleen N. Gomes in Division 1 of the Shelby County Probate Court. in Business Administration from Belmont University and an M.B.A. from the Jack C. Massey School of Business at Belmont University. She assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. Prior to joining Cumberland Trust, she worked as an elementary and middle school teacher for more than 20 years in Philadelphia, Nashville, and Pegram. In this role, Robert works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. 3 x 5 - $20.00 3 x 10 - $35.00 5 x 10 - $50.00 10 x 10 . Beth holds a bachelors degree in Mass Communications with minors in Political Science and English from Middle Tennessee State University. in Economics and Finance from Baylor University in Waco, Texas. All deeds of conveyance, (with or without a plat), trust deed, fixture filing or security agreement concerning real estate. Current beneficiaries are entitled to receive current income or principal distributions from the trust either at the discretion of the trustee or as required by the terms of the document. He received his J.D. Owen Lovell joined Cumberland Trust as a Trust Administrator in 2022. Prior to joining Cumberland Trust, Layla held the role of contract drafting, review, and negotiation for Vanderbilt University Medical Center as well as experience in due diligence contract review for healthcare companies anticipating mergers and acquisitions. Beth focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves.