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. in Political Science from the University of Tennessee at Chattanooga and a J.D. Prior to joining Cumberland Trust, she worked as a Customer Service Representative with State Farm. Typically, the grantor is named as the primary beneficiary during his or her lifetime and may also act as his or her own trustee. In his leisure time Tim enjoys reading and crafting heirloom, hardwood rocking chairs for adults and children. She builds client relationships by providing proactive, high quality service to clients and their legal, financial, and tax advisors. Previously, Ashley worked for Newt Gingrichs 2012 presidential campaign. Prior to Cumberland Trust, Sara worked at a Maryland title company and has experience with title searches, deeds and other loan documentation. Judy Johnson began working as part of the Cumberland Trust team in 2011, with over 50 years of experience in estate planning and probate in numerous law offices in both Illinois and in Tennessee. Chris is a chartered Financial Analyst (CFA) and Certified Trust and Financial Advisor (CTFA). She focuses on being responsive, attentive, and understanding to build relationships with the clients and families she serves. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. We're here to help guide you through this process and discuss your future at Cumberland University. 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. Lori is also a graduate of Belmont Universitys Center for Executive Education in Financial Planning and has obtained CFP certification. Originally from New York state, Bob holds a Bachelor of Science degree in Engineering from Rochester Institute of Technology. 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. from Southwestern Law School in Los Angeles. Prior to joining Cumberland Trust, she worked in telecommunications and has previous experience in accounts payable, accounts receivable, payroll and taxes. He has twenty-four years of experience in banking, education, and trust administration. 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. Shelly Donaldson serves as the Vice President and Business Development Officer based in Cumberland Trusts Atlanta office. Previously, Debbie led the Special Needs Trust team unit at Arden Trust Company in Phoenix, Arizona. Prior to joining Cumberland Trust, Ryan worked for litigation firmshandling cases involving complex commercial litigation, bankruptcy, and personal injury. Throughout her time at Belmont, she held internships focusing on account and business management. As Vice President, Trust Officer, and Manager in personal trust administration, she is responsible for working with high-net-worth individuals and families on trust account management and administration. Show all. Some select this option to avoid a lengthy probate process and protect the privacy of the grantor and beneficiaries of the trust. Zandra studied International Development at Sewanee: The University of the South in Sewanee, Tennessee and Economics at Roanoke College in Salem, Virginia. Meg is licensed to practice law in Tennessee. Avery focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. She also manages a growing team of Special Assets Administration professionals providing specialized administration of these complex trust assets. Chris has many years of experience in relationship management and trust account administration and has specialized in serving high net worth individuals and families. Papers for birth certificate in another county one year or more after birth. As a trust administrator, Donna collaborates with legal, financial, and tax professionals to ensure all aspects of an estate are given careful attention. Vice President, Compliance & Audit Officer. 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. She focuses on topics related to family governance structures, succession planning, and working with a corporate trustee. Through collaboration with our Trust and Estate Administration team members, she provides a high level of expertise to her clients. Find local administrative orders and rules. Even though a 1% or 2% annual fee doesn't seem like much, tax-free municipal bonds yield less than 5%, so a management fee can easily gobble up 20% of the return. She continues to volunteer with the Harpeth Conservancy working on the Tennessee rivers. He has held internships with Davos Investment Group, performing macroeconomic and market research; as well as Vault Investment Properties, working with real estate investment. Trust Fee Schedule. Prior to joining Cumberland Trust in 2021, Lisa was a senior director and business manager with TIAA, working with their private asset management group. 1/1/2022 Register of Wills Fee Schedule (pdf) Court Calendar. Senior Vice President & Managing Director, Tax. As a collaborative member of the Personal Trust Administration team, Greg provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Bonnies previous experience also includes roles at JP Morgan Chase and Deutsche Bank. Prior to joining Cumberland Trust, she worked as a leader of the Activities Department at Abes Garden Alzheimers and Memory Care Center. High-touch administration for those needing additional support. Tuition and Fees. Jeiman Dosky joined Cumberland Trusts Administration team in 2016. 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. stickman swing cool math; ufc gym plantation; how to send certified mail with return receipt; bronwydd house porth history Harriet White joined the Cumberland Trust team in 2012. Prior, Meg practiced as an Associate Attorney at Goodman Callahan Blackstone, PLLC, handling Estate Administration and Probate. Her background also includes experience in federal and state contract management, and insurance defense litigation. from the University of Illinois, Champaign-Urbana, IL where she majored in Economics. Fee Schedule Fee Schedule The Recorder's Office accepts the following payment methods: Checks* - Checks should be made payable to "Recorder of Deeds". He is licensed to practice law in Tennessee. Jeiman earned a Bachelors degree in Business and Technology from the University of Connecticut. in Music Business from Belmont University. She received a B.A. Most of the people I talked to say the cost of running a trust has already gone about as low as it can go. Meredith focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. 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. High-touch administration for those needing additional support. Lindsay Phillips joined Cumberland Trust as a Trust Specialist in 2022. With a connected team of 120+ experts at your service in 10 offices nationwide. Layla is licensed to practice law in Tennessee and Louisiana. In these roles, Robin helped families find solutions to support their loved ones diagnosed with dementia and Alzheimers disease. She has eight years of customer service experience. Do you want to learn more about personalized trust and estate services? 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 Caroline is a member of the Tennessee Bar Association, Nashville Bar Association, and the Estate Planning Council of Middle Tennessee. Her duties include coordinating the purchase and sale of properties held in trust, analyzing appraisals and inspections, overseeing the management of special assets owned in trust, and navigating complicated situations to provide excellent client service to families that have special assets in their trust portfolios. Prior to joining Cumberland Trust, she practiced as an associate attorney with a bankruptcy firm. Multi-Participant Trust legislation was enacted in 2013 that encourages the use of trust advisors and trust protectors to assist in the management of a trust. This includes supervising staff, promoting The Wilds, scheduling activities, creating programs/tours, maintaining camp, following safety protocols and all other activities. 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 We typically apply the Total Rate of Return concept so that both current and future beneficiaries interests are considered. from Vanderbilt School of Law and holds a Masters in Taxation (LL.M.) In her role, Jennie manages the companys day-to-day operations while driving Cumberland Trusts vision for the future. in Business Administration from Middle Tennessee State University, with a major in Finance. Previously, Elly served as a trust officer in Cumberland Trusts Nashville headquarters, administering trust relationships and providing direct client support. degree in Accounting from Asbury University in Wilmore, Kentucky. Cumberland Trust Headquarters40 Burton Hills Blvd., Suite 300, Nashville, TN 37215615.783.2540, Estate and Post-Mortem Trust Administration, 2021 Cumberland Trust. A qualified executor must have good business sense, understand the complexities of the various laws of taxation and administration that apply to an estate, provide detailed record keeping, and provide timely and consistent communication. in Finance from the Middle Tennessee State University. . The resulting team of experts then works together to provide the beneficiary with care and expertise, ensuring optimal management and administration of the trustorestate. 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. She received her J.D. 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. Site by. really really smart guy in Math). $25.00. Wendy Maynard joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. This person has built an asset base and wants to ensure that those assets are distributed according to their wishes. All rights reserved. Caroline also serves as the business development liaison, representing Cumberland externally and working closely with the Business Development team in evaluating new business opportunities. Debbie has 32 years of experience in the trusts and estates industry. Additionally, at Belmont, Mary Elizabeth was involved in many organizations, assisting with the recruitment of new students, and maintaining the schools relationship with alumni and board members. As a student, Hannah played all four years on the Division 1 tennis team, and was captain for two years. Comprehensive trust administration, education, and proactive client service 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. Our relationship managers provide a high level of communication and responsiveness for the clients we serve. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. She retired her real estate license after serving the Franklin, Tennessee community for twelve years. Haley Tucker joined the Cumberland Trust team in 2019. in Education from Middle Tennessee State University and a Paralegal Certification from Southeastern Paralegal Institute in Nashville, Tennessee. In this role, Ryan works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Previously, Greg worked in human resources and in youth sports. Advises family on tax laws and implications. Prior to joining Cumberland Trust, Brianna worked as a Business Assistant at a dental practice. The trustee must be legally competent to accept the trust property he or she is to manage. Previously, she served as Treasurer at Fort Vancouver TV. Conveniently Headquartered in Trust-Friendly Tennessee. Services are intended to be all-inclusive. 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 Prior to joining Cumberland Trust, he was a Financial Consultant at Fidelity Investments in Chesterfield, Missouri. Military discharge certified copy as authorized. How Can I Protect My 401(k)? Robin also has more than 10 years of experience in sales and customer service and retention with the USA Today Network (Gannett Company, Inc.) as a Sales & Retention Supervisor.

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