He assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. . from Belmont University College of Law in Nashville. with a focus on comparative law and human rights from Regent University School of Law in Virginia Beach, Virginia. Prior, Meg practiced as an Associate Attorney at Goodman Callahan Blackstone, PLLC, handling Estate Administration and Probate. 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). Cumberland County. 1 Courthouse Square Carlisle, PA 17013. Specialized expertise combined with care and compassion for your family. Quarterly fee of $15.30 per account. Joseph K. Presley is Chairman and CEO of Cumberland Trust and has supported its commitment to client service, development, and market growth since he joined the company in 2001. With a connected team of 120+ experts at your service in 10 offices nationwide. Outside of work, he enjoys volunteering with the Cystic Fibrosis Foundation, traveling, and playing pickleball. in Music Business from Belmont University. This legislation allows all of the trust creators top advisors to be involved in the trust management. Prior to joining Cumberland Trust, she worked for eight years in Special Education for the Williamson County School District. from the University of Memphis Cecil C. Humphreys School of Law. in Advertising Management with a Minor in Organizational Leadership from Michigan State University. Outside of work, Avery enjoys volunteering as an assistant basketball coach. Previously, Rene held the role of Senior Vice President and Managing Director, Corporate Development, working with our business development team to manage our growth throughout the country and implementing strategic initiatives. Elizabeth is licensed to practice law in Tennessee and Kentucky. Katelynn Novak joined Cumberland Trust as a Trust Specialist in 2021. She enjoys cultivating relationships with her clients while creating and maintaining a plan for their trust that prudently meets their needs and ultimate goals. This person has built an asset base and wants to ensure that those assets are distributed according to their wishes. in Finance and Economics from Lipscomb University and is a graduate of Southern Trust School. 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. 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. Stocks, after a few years of. 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 Psychology and Sociology from Western Kentucky University. Previously, Sloan was with Polo Ralph Lauren Corporation for 14 years, serving in many capacities, including Director of Operations for the company. Wendy Maynard joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. Permits, Applications & Fees | 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 Administration She is a member of the Society of Trust & Estate Practitioners and earned Financial Planning Certificates 1, 2, and 3 from the Chartered Insurance Institute in the UK. 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. Before that, she was Vice President in the Custody Income Operations department (Global Securities Services) at Deutsche Bank/State Street in Nashville. April is also a graduate of ABA Trust School, as well as Cannons Unique and Hard to Value Assets School. from the University of Arkansas School of Law and holds her LL.M. Nathan is a Certified Securities Operations Professional (CSOP), a designation awarded by Cannon Financial Institute. Outside of work, Ryan enjoys volunteering at the St. Philip Legal Clinic in Franklin, TN. We understand that flexibility and choice are important when it comes to selecting an investment manager. Site by Circa Creative Studios, Conveniently Headquartered in Trust-Friendly Tennessee. . Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. stickman swing cool math; ufc gym plantation; how to send certified mail with return receipt; bronwydd house porth history In his role, Jody administers personal trusts, providing responsive service to our clients and their external advisors. Matt Skeens joined Cumberland Trust as a Trust Administrator in 2022. High-touch administration for those needing additional support. 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. But beyond that level, technology keeps improving and letting efficient trust companies bring down their overall cost proposition. Impartiality. Prior to joining Cumberland Trust, Chase worked at Bellhops in Chattanooga as a Business Analyst. Sharon received a B.S. 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. Greg Sauers joined Cumberland Trust as a Trust Administrator in 2020. This definitive guide on cost efficient trustee fees will pull back the curtains on what corporate trustees do and how they charge their fees. This person, group of people, or institution benefits from the trust, eventually receiving some or all of the property placed in the trust. Prior to joining Cumberland Trust, Brianna worked as a Business Assistant at a dental practice. Just as each life and family is unique, so is each estate left behind. Additionally, she manages the growing legal team. Personal Trust Administration One of the resulting benefits. launchpad classlink nmusd; cantonese text to speech; 15 second tv commercial script examples He also leads training initiatives to support Cumberland Trusts growing administration team as they serve clients. Thats about where vanilla Commonwealth trusts start, Jim McMackin, who runs the companys marketing, told me. 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. These corporate trustees can charge an annual fee of 0.5% to 2% of the trust's assets, in addition to requiring a minimum. Meg is licensed to practice law in Tennessee. Jared has extensive experience working with family offices and in the administration of complex trust assets, including inherited Individual Retirement Accounts (IRAs). In this role, she reviews and drafts documents relating to incoming and transferring trusts. Jessica serves on the board of The Womens Fund, an endowment fund within The Community Foundation of Middle Tennessee. He is licensed to practice law in Tennessee. Wealth Advisors Trust Co. trustee fee schedule rests on hourly, fixed and percentage of assets. Natalicia holds a degree in Finance with a minor in Accounting from Western Michigan University in Kalamazoo, Michigan. He has held internships with Davos Investment Group, performing macroeconomic and market research; as well as Vault Investment Properties, working with real estate investment. Additionally, she volunteers as a photographer for the Harpeth Conservancys renowned River Swing event. Safe Deposit Box Rental . Previously, Chris served as Senior Vice President, Managing Director, and Head of Administration. from the University of Florida School of Law. 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 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. As Senior Vice President and Managing Director in Corporate Development, she cultivates relationships, working with families and advisors to deliver a full range of trust services. She focuses on being responsive, attentive, and understanding to build relationships with the clients and families she serves. 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. We are located in one of the most trust-friendly states, giving our clients and their assets access to very favorable trust laws. Jody joined the Cumberland Trust team in 2010. Our Cumberland Trust Family is Here to Take Care of Yours Trusted relationships are at the heart of what we do. Vice President & Manager, Business Development Associate. Shelly has been a practicing attorney for most of her career and has 14+ years of experience in estate planning, tax and corporate lawspecializing in estate planning for high-net-worth clients and families. Some vendors refused to participate in the survey because they either work on an a la carte basis (Peak Trust) or figure out what to charge once they see the trust paperwork (Commonwealth Trust). and was a founding member of the organizations Family Council. Prior to joining Cumberland Trust, Avery was an associate attorney at Brazil Clark, PLLC and worked as an Investment Advisor at Valor Financial Services. While shell take on a tiny trust if the grantor insists, she warns that advisors should recognize that the trust company will pass on the cost of running it and sometimes it just doesnt make sense. in Psychology from Sewanee: The University of the South in Sewanee, Tennessee and an M.B.A. from Concordia University in San Antonio, Texas. Many matters that used to require a court to resolve may now be resolved by agreement among the beneficiaries. Kim Kochamba joined the Cumberland Trust Special Needs Trust Administration team in 2023 as a Trust Specialist. The beneficiaries of the trust must be clearly identified or ascertainable. from Simon Fraser University in Vancouver, British Columbia, and an M.B.A. from Western Governors University. Riley holds a B.S. 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. She focuses on delivering responsive and personalized trust administration services. Susan earned a B.A. 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. Nathan Hyde joined the Cumberland Trust team in 2002 and serves as Senior Vice President and Director, Business Continuity and Information Security. Creating a trust can protect your assets and make sure those assets are managed for the benefit of your children or loved ones. 2022 Orphans' Court Calendar (pdf) 2022 Full Court Calendar (pdf) Rules. Helina works with the compliance department to help ensure that accounts are opened and documented correctly. 2021 Cumberland Trust. Prior to joining Cumberland Trust, she worked as a leader of the Activities Department at Abes Garden Alzheimers and Memory Care Center. Blattmachr says low-end players can use technology to better serve the mass market. Lindsay earned a B.A. Creates engaging experiences that inspire conservation action. 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. He is a Certified Trust and Financial Advisor (CTFA) and has completed Cannons Trust School program. 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. in Political Science from Colgate University. $3.00 will be charged for each distribution . Credit cards - Credit card payments are being processed through Value Payment Systems (VPS). In this role, Kim supports a team of relationship managers and focuses on providing responsive and attentive service to clients. Kimberly George joined the Cumberland Trust team in 2014. Brianna McCray joined Cumberland Trust as a Trust Specialist in 2021. In her role as Assistant Vice President and Trust Officer, Katrina works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Specialized expertise combined with care and compassion for your family. As a Business Development Officer, Bob focuses on building relationships with financial advisors, attorneys, and tax professionals throughout the state of Florida. Previously, Millie worked in the interior design industry where she specialized in developing interior design solutions and delivering superior client service. Lou Anne earned a B.A. Prior to law school, Jared served as a Supply Chain Analyst with General Electric. Jennie Menzie joined Cumberland Trust in 2012 and serves as President, Chief Operating Officer, and Corporate Counsel. If more than one of the foregoing fees could apply to a given Trust Custody Account, the highest applicable fee will apply. Under an agency trustee service agreement, the individual trustee, private or professional, has control over all trust administration and trust accounting. 7A-307(a)(2a). Leslie Malkiewicz joined the Cumberland Trust team in 2014. 2021 Cumberland Trust. Vice President & Director, Special Assets. cumberland trust fee schedule. She assists in the onboarding of new Cumberland Trust clients and their advisors, providing attentive support during times of change. Earlier in his career, he served as Assistant Vice President and Trust Officer and as an Operations Supervisor at Independence Trust Company. Hannah Kimbrough serves as a Trust Officer in Personal Trust Administration. In this role, she works closely with clients and their families, along with their legal, financial, and tax professional advisors. Jessica Kopperud joined the Cumberland Trust team in 2018. Using the directed trust framework, professional advisors are named, often by the family or beneficiaries, to handle specific duties and responsibilities based on that individuals specialty. Prior to joining Cumberland Trust, she held positions at Farmington Mortgage and Franklin Synergy Bank. Our mission is to preserve the natural resources of Cumberland for present and future generations by preserving land for open space. in Advertising and Public Relations from the University of Arkansas. Rebecca Halvorson joined Cumberland Trust in 2010. 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). Jessica holds a B.S in Marketing from Indiana University and an MBA from Belmont Universitys Massey Graduate School of Business. , passed in 2010, creates benefits for trusts owned by spouses, including providing equal ownership of property and the sharing of appreciation and income. The Trust owns the assets and Texas Bank manages the assets for the benefit of specified persons or organizations.TRUSTS UNDER AN AGREEMENT TRUSTS UNDER A WILLFirst $500,000 1.000%Next $500,000 0.800%Next $1,000,000 0.700%Amounts over $2,000,000 0.600%Minimum Fee $1,000LIFE INSURANCE TRUSTS Life Insurance Trusts are trusts that Previously, he focused on the administration of life insurance trusts. Fees for managing smaller trusts aren't calculated by percentage because it could eat up a lot of the trust funds. She received her J.D. Beth focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. Kailey earned a B.A. While attending college, she served as a member of the executive student government and assisted University Admissions in the recruitment of prospective students. Prior to joining Cumberland Trust, Jodi worked for 20 years in the banking industry, with 12 years in management, business development, and lending. Alex Gillott has been with Cumberland Trust since 2013. Caroline L. H. Bradshaw joined the Cumberland Trust team in 2007. He focuses on connecting Florida individuals and families and their professional advisors with high caliber, directed trust administration services. Site by, The Collaborative Directed Trustee/Financial Advisory Relationship. Additionally, she has experience working with Cumberland Trusts legal team. High-touch administration for those needing additional support. Adriana holds a B.A. Whether you're just getting started or expanding to serve more customers in our Tennessee communities, we'll make sure you've got the banking support required for success. in Accounting (cum laude) and a J.D. 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. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. Phillip assists in the administration of post-mortem estates and works with clients and beneficiaries to understand the steps of the estate process. in Communications and English from Hope College in Holland, Michigan. A corporate executor or co-executor can be especially helpful when modern family dynamics may be involved. Bob and his wife Jodi have two adult sons, and they live in the Fort Myers, Florida area. Ensure that assets such as a family business are leftundivided. in Political Science from the University of Tennessee, Knoxville and was awarded a J.D. 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. However, if non-routine or extraordinary services . Previously, she worked as a Trust Officer for Regions Bank in Knoxville and in Cincinnati, Ohio at Provident Bank in tax and trust accounting. Vice President & Director, Estate Administration. 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, 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. Dayton Hale joined Cumberland Trust in 2013 as a Trust Officer for special assets. Sarah Leighton joined the Cumberland Trust Personal Trust Administration team in 2022 as a Trust Specialist. I'm Worried About How Inflation Will Affect My Retirement Savings. Rebecca is a native of Memphis and remains involved in the community. Natalicia has been a member of the National Associate of Realtors and Greater Nashville Realtors Association since 2017. Sharon Winkler joined Cumberland Trust in 2007 and serves as Senior Vice President, Special Counsel, Chief Regulatory Compliance Officer. The trustee must be legally competent to accept the trust property he or she is to manage. Kathy Roberts of Santa Fe Trust agrees. Toll Free: 1.888.697.0371. Yes, each of our clients has a primary relationship with a dedicated trust officer or administrator. in Spanish from Southern Methodist University in Dallas, Texas. Rachel now leads the Estate Administration department, which administers trusts and estates of various sizes and complexity throughout the southeast. She received her J.D. BBB File Opened: 2/19/2004. Please email recorder@cumberlandcountypa.gov or call 717.240.6370 to schedule an appointment. from Baylor University in Waco, Texas. , passed in 2007, allows the creator of a trust to place assets in a Tennessee Investment Services Trust, also known as a self-settled or asset protection trust, to protect them from future lawsuits, creditors, and other predators. Schedule a Visit. Additionally, he is a member of Estate Planning Council of Middle Tennessee and active member of the University of Tennessee, Knoxville Alumni Association. Rachel is licensed to practice law in Tennessee. 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. 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. $10.00. 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 Agency trust fee schedules are unique as they fall under agency trustee services. Heather develops relationships with individuals, families, and their professional advisors in North Carolina, South Carolina, and East Tennessee. in Business Administration with an emphasis in Accounting from Berea College in Berea, Kentucky. 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. Mr. Presley holds a B.A. 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. Bonnies previous experience also includes roles at JP Morgan Chase and Deutsche Bank. 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). Lindsay Phillips joined Cumberland Trust as a Trust Specialist in 2022. In this role, Dan works closely with external and internal auditors, while managing a team focused on Fiduciary Compliance, Corporate Compliance, Regulatory Compliance, Audit, and Account Transfer. Elsie Bennett joined the Cumberland Trust team in 2015. 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. Previously, Carla worked in Cumberland Trusts personal trust administration and tax divisions. For questions or to schedule an appointment, please call 717-240-6345 or email regofwills@cumberlandcountypa.gov. This legislation allows all of the trust creators top advisors to be involved in the trust management. Cumberland Trust has provided professional, comprehensive estate settlement services for many years throughout the geographic regions where we serve.
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