His focus is on ensuring clients receive the supplemental care and support they need in a timely, professional, and friendly manner. She is licensed to practice law in Arkansas and Tennessee. She received a J.D. Prior to joining Cumberland Trust, Gina spent nine years with Merrill Lynch Insurance Group focusing on estate planning through life insurance. in Public Relations with a Minor in Marketing from Belmont University. Vice President & Director, Estate Administration. LOCATIONS NEAR ME Resources and Insights 2022 New Year's Resolutions Dudley holds a B.A. Prior to Cumberland Trust, Sara worked at a Maryland title company and has experience with title searches, deeds and other loan documentation. Rachel now leads the Estate Administration department, which administers trusts and estates of various sizes and complexity throughout the southeast. No fee. Natalicia Hosseinzadeh joined the Cumberland Trust team in 2018. 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. Robin studied Business Administration at Draughons Junior College of Business in Paducah, KY. Helina Mekuria joined Cumberland Trust in 2018. Some select this option to avoid a lengthy probate process and protect the privacy of the grantor and beneficiaries of the trust. Posted: February 26, 2021. in Psychology and Sociology from Western Kentucky University. 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. Prior to joining Cumberland Trust, she worked for Larson Juhl as a customer service team leader. Our Cumberland Trust Family is Here to Take Care of Yours Trusted relationships are at the heart of what we do. Lori holds a B.A. Comprehensive trust administration, education, and proactive client service for your family. The Tennessee Community Property Trust Act. $10 (register may waive for person over 62 years old) Birth certificate after one year or more for same county, with one certified copy. Rebecca has participated in the Memphis Business Journal Table of Experts panel conversations. She received a professional certification in software programming from The University of Texas at Austin. Lauren holds a bachelors degree in Business Administration with a concentration in Marketing from the University of Tennessee at Martin. Site by. Saving forretirementmay soon be mandatory with employers automatically enrolling new hires into plans when eligible. Vice President & Director, Special Needs Trust Administration. 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. in Corporate Management and Marketing from Lipscomb University. A beneficiary can be a person or an institution. degrees in Finance and Management from Lipscomb University. Ryan Russell joined Cumberland Trust as a Trust Officer in 2022. in History of Art and Architecture from the University of Reading in England. Previously, Eleanor worked as an intern for The Frist Centers development department and in the development and finance division of Christies New York. Laura holds a Bachelor of Social Work from the University of Mississippi and a Master of Social Work from St. Louis University. Site by, New Legislation Maintains Tennessees Status as a Leading Trust-Friendly State. Jared is a member of the Tennessee Bar Association and is active with the Estate Planning and Probate Section. Bob Carville joined the Cumberland Trust team in 2022. The Tennessee Community Property Act of 2010 can benefit families nationwide. Provide a measure of protection when beneficiaries may lack the maturity or expertise to manage their ownaffairs. FEE SCHEDULE Effective 7/1/22 * All permits and plan review fees included + Additional fees apply as needed for additional inspections # All fees based upon valuation shall be calculated using a signed contract for work. Tennessee continues to distinguish itself as a desirable state for trusts, and new legislation maintains this advantage. LOCATIONS NEAR ME Resources and Insights Yes, we have a team dedicated to the administration of Special Needs Trusts. For a client with that kind of wealth, the $20,000 translates into at most 40 basis points a yearpretty low by industry standards. Mike Flinn from Advisory Trust and Douglas Blattmachr of Peak Trust agree that the cost of fiduciary compliance and routine service probably isnt going any lower than around $3,000 per trust any time soon, especially given the current trend toward higher regulation. We provide continuity to ensure that beneficiaries have a reliable trustee and someone to turn to throughout the duration of the trust, Qualified personal residence trusts (QPRTs). Caroline holds a B.A. DURING THIS TIME, the county clerk's OFFICE HAS BEEN RELOCATED TO 1760 S MAIN ST (old progressive savings bank) and they are Open 8 am - 5 pm, mon - fri. Tennessee is one of only three states that allow community property trusts. 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 Laginess joined the Cumberland Trust team in 2020. 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. Lorena specializes in building relationships with her clients through regular communication, care, and understanding. 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. The trustee is responsible for managing and administering the trust and strictly adhering to the terms of the trust as well as applicable state law in performing its duties. A Last Will and Testament is perhaps the primary document that comes to mind when most people think of estate planning. 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. Caroline also serves as the business development liaison, representing Cumberland externally and working closely with the Business Development team in evaluating new business opportunities. First Federal Bank is here to support our local businesses with a complete range of commercial banking products. Prior to joining Cumberland Trust, Melissa worked as a Trust Officer at Riverview Trust Company in Vancouver, Washington. Establishing a trust is not merely a plan to minimize taxes. Plat or Map. Site by Circa Creative Studios, Conveniently Headquartered in Trust-Friendly Tennessee. Plan, preserve, and protect your legacy for generationstocome. degree in Accounting from Asbury University in Wilmore, Kentucky. in Music Business from Belmont University. 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 . Cumberland County. Yes, each of our clients has a primary relationship with a dedicated trust officer or administrator. He focuses on connecting Florida individuals and families and their professional advisors with high caliber, directed trust administration services. Previously, Debbie led the Special Needs Trust team unit at Arden Trust Company in Phoenix, Arizona. In addition to providing the unique expertise required for estate and post-mortem trust administration, we appreciate the importance of expressing compassion, understanding, and consideration toward your family members during a particularly emotional time. As a directed trustee, we do not offer investment management services; therefore, we do not compete with financial. Kathy Roberts of Santa Fe Trust agrees. She also leads strategic initiatives aimed at supporting market growth and commitment to client service, oversees the companys long-term planning goals, and advises on legal fiduciary and corporate governance matters. Our premier services support families when they need it most, providing guidance, education, peace of mind, respect, and understanding. Expert guidance, proactive education, and hands on services to support you, your family, your assets, and your estate. The trustee services offered by an individual trustee mirror those offered by a corporate trustee. Rachel is involved with the Pencil Foundation for Metro Nashville Public Schools literacy program, where she works with elementary students to help them improve their reading comprehension and writing skills. With it, you can use a trust company with trustee fees on your terms. 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. While $3,000 happens to be what Advisory Trust charges on the low end, it does seem to be an informal sweet spot within the trust industry. Brianna McCray joined Cumberland Trust as a Trust Specialist in 2021. She is also an active supporter of Cheekwood and the annual Swan Ball. in Political Science from Northwestern University. An essential planning tool, a will dictates distribution of your assets from your estate to surviving family members, friends, or favored charitable organizations. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. in Business Administration from Middle Tennessee State University, with minors in Economics and Finance. Claim This Company Page Cumberland Trust Hiring 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. Senior Vice President & Managing Director, Operations/Technology. In some cases, the creator of the trust may also name himself as co-trustee to be responsible in part for administering the trust. Prior to joining Cumberland Trust, Jennie was Director of Client Strategy and Product Development at Trilliant Health. Prior, Meg practiced as an Associate Attorney at Goodman Callahan Blackstone, PLLC, handling Estate Administration and Probate. There is a 2.25% convenience fee with a minimum fee of $2.50 per transaction to the filer Jennie Menzie joined Cumberland Trust in 2012 and serves as President, Chief Operating Officer, and Corporate Counsel. She focuses on helping clients needing extra support through the coordination of distinctive care services. degree in Sociology and minor in Psychology from the University of Southern Illinois-Edwardsville. Trust Advisors - Private Trust Company: Planning, Administration & More Chase holds a Bachelors degree in Finance from the University of Tennessee at Chattanooga. She continues to volunteer with the Harpeth Conservancy working on the Tennessee rivers. Jennie Renwick joined Cumberland Trust in 2021 and serves as a Vice President and Trust Officer. cumberland trust fee schedulesan juan airport restaurants hours. 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. degree in Corporate Finance from the University of Alabama. in American Studies from the University of Tennessee (summa cum laude). He also holds a Six Sigma Yellow Belt certification. Each time they were early or on time, fast, and provided excellent service. Help beneficiaries avoid the unnecessary expenses ofprobate. Papers for birth certificate in another county one year or more after birth. 2021 Cumberland Trust. 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. Cumberland Trust Education Administration and distributions Record-keeping and reporting Premier client service Conveniently Headquartered in Trust-Friendly Tennessee With a connected team of 120+ experts at your service in 10 offices nationwide. She was awarded the Certified Trust and Financial Advisor designation (CTFA) and is a graduate of Cannon Trust School, through Cannon Financial Institute. . SCAM ALERT: Phone scams requesting money have been reported. Jodi Monroe joined Cumberland Trust in 2013. Tuition and Fees. Previously, she practiced Entertainment Law and Labor and Employment Litigation. She is a Fellow in Charitable Estate Planning from the Institute of Charitable Estate Planning. Previously, Matt Co-Chaired the Paul E. Skeens Scramble for HELP, a golf event that helped raise proceeds for scholarships for need-based, learning-disabled students at Marshall University. Nathan Hyde joined the Cumberland Trust team in 2002 and serves as Senior Vice President and Director, Business Continuity and Information Security. Business Started Locally: and MBA from the University of Memphis. Just as each life and family is unique, so is each estate left behind. 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. She is responsible for overseeing the development team and its new trust opportunities. Caitlyn A. Lovell joined the Cumberland Trust team in 2019. 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. 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. Her past experience also includes positions in the legal field as a Docketing Assistant in Intellectual Property at Kilpatrick Townsend, LLP and as a Legal Assistant in Intellectual Property at Morris, Manning & Martin, LLP. Harriet White joined the Cumberland Trust team in 2012. Mr. Presley holds a B.A. Melissa Murray joined the Cumberland Trust Special Needs Trust Administration team in 2021. While in law school, she developed a passion for estate planning during her time in the Homer A. Jones, Jr. Wills Clinic. Caitlyn serves as a Trust Officer, focusing on the day-to-day administration of Special Needs Trust (SNT) relationships. In his role, Jody administers personal trusts, providing responsive service to our clients and their external advisors. Michelle holds a bachelors degree in Education from Aquinas College. Prior to joining Cumberland Trust, he worked as the Amateur Hockey and Fan Development Coordinator for the Nashville Predators. The trustee must be legally competent to accept the trust property he or she is to manage. 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. He received his J.D. On the legal team, as Vice President and Fiduciary Counsel, Caroline reviews and drafts documents relating to trust and estate accounts. She is a graduate of Cannon Financial Institutes Trust School and has been awarded the Certified Trust and Financial Advisor (CTFA) designation. Vice President & Director, Personal Trust Administration. She also holds an MBA from Bethel University in McKenzie, Tennessee. from Belmont University College of Law in Nashville. Lauren Bargo joined Cumberland Trust as a Trust Specialist in 2022. Impact Fee for Recreational Facilities & Open Space Impact Fee Ordinance. with a concentration in Business Transactions from the University of Tennessee College of Law (magna cum laude). Alexbeganat Cumberland Trust workingon the legal team and then transitioned to the administration of trust accounts.
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