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 received her B.A. Prior to joining Cumberland Trust, Katelynn worked for several years in Operations within the financial industry. in Business Administration and Economics from Rhodes College in Memphis and an M.B.A. in Finance and Marketing from Indiana University. In his role, Jody administers personal trusts, providing responsive service to our clients and their external advisors. Assistant Vice President & Account Transfer Manager. Yes, each of our clients has a primary relationship with a dedicated trust officer or administrator. Previously, she served as an engagement officer, onboarding new trust and estate clients and acting as an internal liaison between the Business Development, Administration, and Estate departments to smoothly transition new client accounts onto our platform. Riley holds a B.S. Based in Nashville, TN, Cumberland Trust is a small finance company with only 121 employees and an annual revenue of $2.0M. Plan, preserve, and protect your legacy for generationstocome. There are companies that charge small accounts less (Nevada's Summit Trust will go as low as $100 a year), but plenty start their fees at $4,000 and up. Just another site. Matt focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. She also managed the Private Client Services department at Advisory Trust Company in Phoenix, Arizona, and as a senior private client fiduciary advisor cultivated relationships with advisors, administrative support staff, and other professionals while working at their office location in Wilmington, Delaware. As a collaborative member of the Personal Trust Administration team, Lauren provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Lori holds a B.A. Robin studied Business Administration at Draughons Junior College of Business in Paducah, KY. Helina Mekuria joined Cumberland Trust in 2018. She earned an MBA and B.S. Jennie holds a B.S. degrees in Finance and Management from Lipscomb University. legislation was enacted in 2013 that encourages the use of trust advisors and trust protectors to assist in the management of a trust. She received her J.D. Prior to joining Cumberland Trust, Emily worked at a holistic wellness center working with client families. It really does depend on what the client wants us to provide, he says. In these roles, Robin helped families find solutions to support their loved ones diagnosed with dementia and Alzheimers disease. Eloise holds a bachelors degree in International Global Studies with a minor in French from Sewanee: The University of the South. These corporate trustees can charge an annual fee of 0.5% to 2% of the trust's assets, in addition to requiring a minimum. 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. High-touch administration for those needing additional support. Previously, she worked as a Teller, then Personal Banker and Assistant Manager in consumer banking at Bank of America, then with Private Wealth Management at U.S. Trust, and on the Commercial Banking Team at Bank of America. During her time at Sewanee, she was also a Sustainability Fellow. Prior to joining Cumberland, he also worked as a law clerk for Stites and Harbison, PLLC in Franklin, Tennessee. Over the past several decades, many states have worked to update trust legislation. 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, he worked as a Senior Relationship Banker at Truist Bank. Cumberland Trust acts as a truly independent trust company. Layla received a B.S. Previously, Dayton worked in Tuscaloosa, Alabama for Hawkeye Oil and Gas, Inc., a small oil and gas exploration company involved in coal bed methane and other conventional operations in the Black Warrior Basin of Alabama. Katrina holds a B.S.B.A (magna cum laude) in Marketing with a minor in Hospitality from the University of Central Florida. This fee is not to be assessed on assets for which the gross-value fee was In this role, Shannon leads the companys business development team as they connect individuals, families and their financial, legal, and tax advisors with Cumberland Trusts high caliber trust and estate administration services. Interpretation Appeal Application - Fillable. Prior to joining Cumberland Trust, Elly served as Deputy Finance Director for a Nashville mayoral campaign and prior to that as a director of a prison re-entry program in Texas. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. Ensure that assets such as a family business are leftundivided. Leslie earned a B.A. Site by, The Collaborative Directed Trustee/Financial Advisory Relationship. Elly received a B.S. NOTE:Accuracy is not guaranteed. Laura Hawken joined Cumberland Trust in 2019. Prior to joining Cumberland Trust, she served as the founding Director of Operations for a Middle Tennessee anti-human trafficking nonprofit organization. Expert guidance, proactive education, and hands on services to support you, your family, your assets, and your estate. Vice President, Director of Human Resources. Vice President & Manager, Business Development Associate. Douglas Stratton joined Cumberland Trust as a Trust Officer in 2022. She is a graduate of Southern Trust School in Mobile, Alabama and has earned her Certified Trust and Financial Advisor designation (CTFA). Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. Eloise Schroer joined Cumberland Trust as a Trust Specialist in 2022. in Accounting from Manhattanville College in New York. Dan Jernigan serves as Corporate Secretary, Senior Vice President, and Managing Director of Compliance and Audits for Cumberland Trust. She assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. Additionally, he is a member of Estate Planning Council of Middle Tennessee and active member of the University of Tennessee, Knoxville Alumni Association. Jennie has served on the Board of Directors of Vox Grata since 2017. Responsibilities. 633 Chestnut Street Avery Oaks joined Cumberland Trust as a Trust Officer in 2022. As Vice President, Trust Officer, and Administration Manager, she is responsible for high net worth personal trust relationship management and account administration. 40 Burton Hills Boulevard Suite 300, Nashville, TN 37215-6292. There are very specific things that every trust has to do, and everything else is extra.. Chris Buckley joined the Cumberland Trust team in 2006. She also studied abroad at the University of Aberdeen in Scotland. However, if non-routine or extraordinary services . Join a community who will help you rise and reach your greatest potential. in Finance from Tennessee Technological University. If you would like to discuss Cumberland Trusts services, were here to help. The grantor retains rights over the trust and may change or revoke the trust at any time. All rights reserved. Previously, Caitlyn worked as an associate manager at Tumi Inc. and, before that, as an Intern for House Representative Jim Cooper. We work closely with attorneys and financial advisors who have established estate plans and investment objectives for their long-standing clients. Clerk's fee 301 & 145 Technology trust fund fee, 106 transfer fee, 212 58.1-3314 (2) Grantee tax, 039 58.1-806 Virginia outdoors Foundation-035: Quit Claim Deed $27.00 or Based on Consideration. June 3, 2022 . Growth Permit Application - Fillable. Lou Anne Wolfson joined Cumberland Trust in 2013. He is a member of the American Association of Petroleum Landmen, a licensed affiliate broker with the State of Tennessee, and a member of the National Trust Real Estate Association (NTREA). 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. If the account has securities or assets, other than Trust Department sponsored mutual funds the fee will be $3.32 per quarter for each security or asset. Sharon is a registered CPA in Arkansas and is licensed to practice law in both Arkansas and Tennessee. He is past President of the following organizations: the Estate Planning Council of Nashville, the Tennessee Bankers Association Trust Division, and the Planned Giving Council of Nashville. 2021 Cumberland Trust. Impartiality. in Taxation from the University of Florida Levin College of Law. In this role, she works closely with external and internal auditors, while focusing on Fiduciary Compliance, Corporate Compliance, and Regulatory Compliance. Republic Centre, Suite 1540 Prior to joining Cumberland Trust, Melissa worked as a Trust Officer at Riverview Trust Company in Vancouver, Washington. 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. In her role as Assistant Vice President & Trust Officer, Jeiman works with clients on their day-to-day needs while also keeping in mind long-term trust management objectives. At Cumberland Trust, we work in collaboration with a familys chosen team of professional advisors. Carla Hale joined Cumberland Trust in 2009. in History of Art and Architecture from the University of Reading in England. Amanda received a B.A. Helina received a B.A. Elly Hutchings joined the Cumberland Trust team in 2015. She focuses on delivering responsive and personalized trust administration services. She is involved in the community supporting children in the foster care system and she previously fostered a child in her home for about 2 years until they were adopted. She earned a masters degree in Industrial and Organizational Psychology from Middle Tennessee State University. Ensure that government assistance continues while the basic level of care is supplemented for a child with specialneeds. $10.00. Vice President & Director, Special Needs Trust Administration. Previously, he worked in the financial solutions industry. This person, group of people, or institution benefits from the trust, eventually receiving some or all of the property placed in the trust. in Business Administration from Belmont University and an M.B.A. from the Jack C. Massey School of Business at Belmont University. A Trustee doesn't have to be a person - you can appoint a bank or professional wealth management company as Trustee if you want to. Site by Circa Creative Studios, Conveniently Headquartered in Trust-Friendly Tennessee. An estate or post-mortem trust must be administered carefully, often considering a broad range of assets, specific wishes of the testator, and unique personalities of the beneficiaries. Sarah Leighton joined the Cumberland Trust Personal Trust Administration team in 2022 as a Trust Specialist. Senior Vice President & Managing Director, Tax. Kim Kochamba joined the Cumberland Trust Special Needs Trust Administration team in 2023 as a Trust Specialist. Outside of work, Stephen enjoys supporting charitable organizations that help raise funds for various non-profits, such as the USO. 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. from Belmont University College of Law. Prior to joining Cumberland Trust, he was a Financial Consultant at Fidelity Investments in Chesterfield, Missouri. Bonnie holds B.S. 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. 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 Business Development Officer, Bob focuses on building relationships with financial advisors, attorneys, and tax professionals throughout the state of Florida. Matt Skeens joined Cumberland Trust as a Trust Administrator in 2022. The Tennessee Community Property Trust Act. Previously, Millie worked in the interior design industry where she specialized in developing interior design solutions and delivering superior client service. Outside of work, Bonnie enjoys volunteering at Grace Works and One Generation Away. Prior to joining Cumberland Trust, Runcie was the Charitable Giving Counsel for the American Cancer Society where he advised nationwide staff on legal and tax issues in the areas of planned giving, outright gifts, and other charitable giving arrangements. Cumberland Trust has provided professional, comprehensive estate settlement services for many years throughout the geographic regions where we serve. Lorena holds an Associate degree in Business from Nashville State Community College. Personal Trust Administration 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. Melissa Murray joined the Cumberland Trust Special Needs Trust Administration team in 2021. in Business Administration from Belmont University (magna cum laude). As Assistant Vice President and Compliance Officer, Harriet ensures that accounts are opened or closed and documented accurately. (Includes checks, in-person withdrawals, or other electronic means) includes: Overdraft Fee - Assessed when an item is paid Returned Item Fee - Assessed when an item is returned. with a concentration in Business Transactions from the University of Tennessee College of Law (magna cum laude). Dudleys experience includes working as Senior Vice President at First American National Bank. He received his J.D. The beneficiaries of the trust must be clearly identified or ascertainable. The Playhouse celebrates its 50th . All rights reserved. from Purdue University Global. 2021 Cumberland Trust. High-touch administration for those needing additional support. $20.00. Prior to joining Cumberland Trust, Laura worked at Blakeford At Home as a Care Manager and Executive Director, providing older adults with information, services, and guidance to maintain the highest level of independence in their home. 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. Together, she and the Special Needs Trust Administration team support families and individuals with Special Needs and collaborate with their financial, legal, and tax advisors. 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. unit 3: personal and business finance grade boundaries. While in law school, she developed a passion for estate planning during her time in the Homer A. Jones, Jr. Wills Clinic. Lisa brings a wealth of experience to the Cumberland Trust team. Cumberland County - Tennessee. Senior Vice President & Managing Director, Trust Administration, Vice President & Director, Personal Trust Administration, Vice President & Trust Officer, Administration Manager. Clerk's Fee, Transfer Fee, Open Space Preservation Fee. He also works with the compliance department to help ensure that accounts are opened and documented accurately. cumberland trust fee schedule. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. Site by. A healthcare or financial power of attorney can give the individual(s) you select the authority to make healthcare and financial decisions on your behalf in case you become incapacitated. Posted: February 26, 2021. 19 reviews of Cumberland Park Apartments "I lived in Cumberland Park for approximately 7 months during an internship. Fees and Fines. David serves as a Special Assets Officer, working with unique, illiquid, and hard-to-value assets held in trust. Prior to joining Cumberland Trust, Wendy worked for 28 years as a licensed insurance agent for Buschbach Insurance Agency in Illinois. As a collaborative member of the Special Needs Trust Administration team, Brianna provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Debbie holds an Executive J.D. We believe our relationship managers should be fully focused on their current clients. Prior to joining Cumberland Trust, Susan served as a Presentation Specialist at SunTrust Bank, where she was dedicated to content development and messaging strategy for commercial client services. We work closely with attorneys and financial advisors who have established estate plans and investment objectives for their long-standing clients. in Psychology from Agnes Scott College in Decatur, Georgia. Gina holds a B.S. As with the TISA, this act requires that the trustee is a Tennessee resident or trust company. 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. Site by, The Collaborative Directed Trustee/Financial Advisory Relationship.
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