cumberland trust fee schedule

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 Shannon McGarrity joined the Cumberland Trust team in 2022 as Senior Vice President and Managing Director in Business Development. She is a Fellow in Charitable Estate Planning from the Institute of Charitable Estate Planning. Do you want to learn more about personalized trust and estate services? Danielle Croteau joined Cumberland Trust as a Trust Specialist in 2022. Natalicia has been a member of the National Associate of Realtors and Greater Nashville Realtors Association since 2017. 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. She enjoys welcoming clients and guests, making them feel comfortable and at ease. Additionally, she is a member and past board member of Le Bonheur Club and is active with the Down Syndrome Association of Memphis and the Mid-South and SRVS Kids & Families. She is a graduate of Cannon Financial Institutes Trust School and has been awarded the Certified Trust and Financial Advisor (CTFA) designation. Learn more to protect yourself and avoid falling victim. Previously, Sloan was with Polo Ralph Lauren Corporation for 14 years, serving in many capacities, including Director of Operations for the company. Plan, preserve, and protect your legacy for generationstocome. $10. Two years (circa 2017) we asked ourselves how to calculate trustee fee schedules with more precision based on our risk and time only. In his role, Jody administers personal trusts, providing responsive service to our clients and their external advisors. Andrea Higgins joined Cumberland Trust as a Trust Officer in 2022. Prior to joining Cumberland Trust, she served as the founding Director of Operations for a Middle Tennessee anti-human trafficking nonprofit organization. in Business Management (Deans list & OVC Commissioners Honor Roll). Phillip assists in the administration of post-mortem estates and works with clients and beneficiaries to understand the steps of the estate process. Prior to joining Cumberland Trust, Katelynn worked for several years in Operations within the financial industry. 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. Additionally, she serves as a member of the St. Louis Estate Planning Council. Fees for managing smaller trusts aren't calculated by percentage because it could eat up a lot of the trust funds. Eloise holds a bachelors degree in International Global Studies with a minor in French from Sewanee: The University of the South. Prior to that, she held an integral role as manager within Cumberland Trusts Personal Trust Administration team, with a specialized focus on relationships with high-net-worth families. Schedule a Visit. She has also taught Money Matters classes at the Boys & Girls Club of Lansing in Lansing, Michigan. 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. Many matters that used to require a court to resolve may now be resolved by agreement among the beneficiaries. Debbie Schultz is Vice President and Director of Special Needs Trust Administration at Cumberland Trust. Of all of the apartment complexes I have lived in and seen, this is definitely one of the best. Jessica serves on the board of The Womens Fund, an endowment fund within The Community Foundation of Middle Tennessee. Fees and Fines. Prior to joining Cumberland Trust, he worked as a Senior Relationship Banker at Truist Bank. 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. All rights reserved. Diseo y fabricacin de reactores y equipo cientfico y de laboratorio She joined the Cumberland Trust team in 2001, at the firms founding. Sara Kate holds a B.A in Journalism and English with a minor in French from Indiana University Bloomington. Alex is licensed to practice law in Tennessee. The upshot is that by concentrating on high-end clients, a white-glove firm like Northern Trust can build a lot of sizzle into its steak, even though the cost per dollar of AUM is comparable to what bare-bones vendors charge. She received a professional certification in software programming from The University of Texas at Austin. In this role, Kim supports a team of relationship managers and focuses on providing responsive and attentive service to clients. Typically, the grantor is named as the primary beneficiary during his or her lifetime and may also act as his or her own trustee. Knowledge and experience to navigate complex, hard-to-value, illiquid assets. $25.00 per occurrence, maximum of 4 Overdraft and / or Returned Item Fees per day. Kimberly George joined the Cumberland Trust team in 2014. 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. from the University of Illinois, Champaign-Urbana, IL where she majored in Economics. (magna cum laude) in Public Relations and a B.S. Lorena Suarez joined the Cumberland Trust administration team in 2014. and was a founding member of the organizations Family Council. With a connected team of 120+ experts at your service in 10 offices nationwide. I used them twice recently, moving to and from Pennsylvania. Senior Vice President & Managing Director, Tax. Zandra serves as a Senior Business Development Associate. She received her Masters degree in Management from Embry-Riddle Aeronautical University. Growth Permit Application - Fillable. in Finance from Tennessee Technological University. Amanda is active in the community as an event and herd photographer for Saddle Up! Cumberland Trust acts as a truly independent trust company. Saving forretirementmay soon be mandatory with employers automatically enrolling new hires into plans when eligible. Brianna studied Business Administration at Georgia State University. He is a First Lieutenant in the U.S. Army JAG Corps, Reserve Component. Previously, she worked as a Trust Officer for Regions Bank in Knoxville and in Cincinnati, Ohio at Provident Bank in tax and trust accounting. Elsie currently serves as a Business Development Associate in Atlanta, assisting in the onboarding of new trust and estate accounts for families and their professional advisors. Site by Circa Creative Studios, Specialized Knowledge and Focused Administration. Specialized expertise combined with care and compassion for your family. in Business Administration from Middle Tennessee State University, with minors in Economics and Finance. Caitlyn holds a B.S. David holds a bachelors degree in economics with a minor in business finance from Sewanee: The University of the South, Sewanee, Tennessee. Please email recorder@cumberlandcountypa.gov or call 717.240.6370 to schedule an appointment. 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 . . As with the TISA, this act requires that the trustee is a Tennessee resident or trust company. Leslie is a member of the Tennessee Bar Association and is licensed to practice law in Tennessee. A beneficiary can be a person or an institution. Caroline is a member of the Tennessee Bar Association, Nashville Bar Association, and the Estate Planning Council of Middle Tennessee. legislation was enacted in 2013 that encourages the use of trust advisors and trust protectors to assist in the management of a trust. 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. Previously, Greg worked in human resources and in youth sports. Lou Anne earned a B.A. As Vice President of Corporate Development, Douglas works to expand Cumberland Trusts relationships with families and advisors in the Nashville region. The resulting team of experts then works together to provide the beneficiary with care and expertise, ensuring optimal management and administration of the trustorestate. We are located in one of the most trust-friendly states, giving our clients and their assets access to very favorable trust laws. However, if non-routine or extraordinary services . Site by Circa Creative Studios. McGarrity earned a B.S. This legislation allows all of the trust creators top advisors to be involved in the trust management. fremont hospital deaths; what happened to tropical tidbits; chris herren speaking fee; boracay braids cultural appropriation; cumberland trust fee schedule. How Can They Provide Better Service to Families. Carla received a B.A. in Communications and English from Hope College in Holland, Michigan. Susan Smith joined the Cumberland Trust team in Atlanta in 2017 to help service the ever-growing Georgia market. Cumberland County - Tennessee. Prior to joining Cumberland Trust, Jennie served as Vice President at Thompson & Associates, focused on charitable estate planning, Assistant General Counsel of WebMD Envoy, Senior Tax Consultant at Arthur Andersen, and practicing attorney at Waller Lansden Dortch & Davis. stickman swing cool math; ufc gym plantation; how to send certified mail with return receipt; bronwydd house porth history Source: Websites and telephone interviews. Caroline received a B.A. She enjoys volunteering with animal rescue organizations and supporting various charities to help fight against animal cruelty. Wendy Maynard joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. What are the potential benefits and protections offered byatrust? CAREERS & OUR CULTURE Joseph K. Presley She received a B.A. Life Insurance Funded Plans Base Fee: $200.00 (where primary duty is to act as trustee for insurance policies). Either way, its good to know what the market value of trust services. Lauren Bargo joined Cumberland Trust as a Trust Specialist in 2022. Comprehensive trust administration, education, and proactive client service for your family. Over her tenure at Cumberland, she has gained a broad knowledge of the trust industry and has worked with a variety of trust types and circumstances. The resulting team of experts then works together to provide the beneficiary with care and expertise, ensuring optimal management and administration of the trustorestate. High-touch administration for those needing additional support. Tim McCoy joined Cumberland Trust in 2022 as a Trust Officer on the Special Needs Trust Administration team. Prior to joining Cumberland Trust, Emily worked at a holistic wellness center working with client families. The Admissions Office is open Monday through Friday from 8am to 4:30pm CST. Our Cumberland Trust Family is Here to Take Care of Yours Trusted relationships are at the heart of what we do. Lauren holds a bachelors in business administration and a MBA from the University of Mississippi. Prior to joining Cumberland Trust, Avery was an associate attorney at Brazil Clark, PLLC and worked as an Investment Advisor at Valor Financial Services. 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. In his role as Vice President and Fiduciary Counsel, Stephen reviews and drafts documents relating to trust and estate accounts. Mr. Clements heads up a legal team, made up of attorneys, compliance officers, and specialists. Prior to joining Cumberland Trust, Jodi worked for 20 years in the banking industry, with 12 years in management, business development, and lending. Stephen Granberg joined the Cumberland Trust Special Asset Administration team in 2022 as a Special Assets Administrator. Previously, Ashley worked for Newt Gingrichs 2012 presidential campaign. Natalicia Hosseinzadeh joined the Cumberland Trust team in 2018. in Advertising Management with a Minor in Organizational Leadership from Michigan State University. Under an agency trustee service agreement, the individual trustee, private or professional, has control over all trust administration and trust accounting. Provide income for the trust creator during their lifetime with the remainder left to a charity orinstitution. Lauren holds a bachelors degree in Business Administration with a concentration in Marketing from the University of Tennessee at Martin. High-touch administration for those needing additional support. Millie Adams joined Cumberland Trust as a Trust Officer in 2022. Owen holds a bachelors degree in Economics from The University of the South in Sewanee, Tennessee. Prior to joining Cumberland Trust, Bob had an extensive career in asset management, financial consulting, retirement planning, and branch management with Fidelity Investments and Charles Schwab & Company. $12.00 for the first 5 pages, $1.00 for each additional page. Matt holds a B.A. $20. 7A-307(a)(2a). He also leads training initiatives to support Cumberland Trusts growing administration team as they serve clients. Owen focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. Previously, Millie worked in the interior design industry where she specialized in developing interior design solutions and delivering superior client service. in Sociology from Middle Tennessee State University (cum laude) with minors in Global Studies and Business Administration. Impartiality. 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. Andrew earned a B.S. Practical Variance Appeal Application. 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. in Business Administration from Belmont University (magna cum laude). Site by Circa Creative Studios, Conveniently Headquartered in Trust-Friendly Tennessee. Robert holds a B.S. The grantor retains rights over the trust and may change or revoke the trust at any time. As Senior Vice President and Managing Director of Trust Administration, Caroline is responsible for relationship management and account administration, with a focus on high-net-worth families and their needs. 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. Remainder beneficiaries are those beneficiaries that succeed the interest of the current beneficiaries. The Playhouse celebrates its 50th . Personal Trust Administration There is no worry that we will be influenced to favor one beneficiary over another. Ms. Kirkpatrick is a sustaining member of the Junior League of Nashville, former president of the Harding Academy Parent Association, and has served on the board for Nashville Childrens Theater. Find Cumberland Commercial Lease Amendment lawyers in Rhode Island to hire. An essential planning tool, a will dictates distribution of your assets from your estate to surviving family members, friends, or favored charitable organizations. Jody Hines serves as Vice President and Trust Officer in the Personal Trust Administration department. He received his J.D. Dayton Hale joined Cumberland Trust in 2013 as a Trust Officer for special assets. Previously, Carla worked in Cumberland Trusts personal trust administration and tax divisions. Prior to joining Cumberland Trust, Bonnie was a Retirement Plan Co-Implementation Manager at The Retirement Plan Company, LLC where she managed an implementation team and handled trading requests for client 401ks and Required Minimum Distributions. 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. As a directed trustee, we do not offer investment management services; therefore, we do not compete with financial. Lindsay holds a Bachelor of Music in Music Therapy with a Minor in Psychology from the Berklee College of Music in Boston, Massachusetts. Lisa has been recognized for her work and accomplishments in the trusts and estates industry. 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. Sloan received her B.A. Debbie holds an Executive J.D. 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. Chase Caldwell serves as Assistant Secretary, Assistant Vice President, and Director of Finance for Cumberland Trust. Lindsay earned a B.A. Fees charged by outside investment managers are separate and apart from the fees payable under this schedule. Her background also includes experience in federal and state contract management, and insurance defense litigation. Each relationship manager is part of a team, so there will always be someone available who is familiar with the account. With a connected team of 120+ experts at your service in 10 offices nationwide. Preservation fee is $1.00 per page for pages 1-9, $2.00 per page for pages 10-19, $3.00 per page for pages 20-29, $4 per page for pages 30-34. Elsie holds a B.A. When I needed to indefinitely postpone my move, they kept all the information about how much furniture I had on . Meet Our Estate and Post-Mortem Trust Administration Experts, Conveniently Headquartered in Trust-Friendly Tennessee. The resolution next moves to the Democratic-majority Senate. 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. Yes, each of our clients has a primary relationship with a dedicated trust officer or administrator. Dudley Selinger has been a part of the Cumberland Trust team since 2013. in Finance from The University of Memphis. Meg holds an A.B. 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. Creates engaging experiences that inspire conservation action. Alex holds a B.A. All rights reserved. He holds a B.S. Plan, preserve, and protect your legacy for generationstocome. Others decide what your client will pay when the business is placed on the table. 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. In these roles, Robin helped families find solutions to support their loved ones diagnosed with dementia and Alzheimers disease. The Tennessee Investment Services Act, 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. Military discharge certified copy as authorized. in Communication from Salem College in Winston-Salem, North Carolina. Financial advisors, accountants, and attorneys need a collaborative, non-competitive trust solution for their clients. Other important documents to consider when drafting a will include power of attorney(s). Outside of work, he enjoys volunteering with the North American Versatile Hunting Dog Association (NAVHDA). We are not investment advisors and focus our efforts solely on trust and estate administration. Rebecca has participated in the Memphis Business Journal Table of Experts panel conversations. Fee Schedule Fee Schedule The Recorder's Office accepts the following payment methods: Checks* - Checks should be made payable to "Recorder of Deeds". Over the past several decades, many states have worked to update trust legislation. Matt focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. The trustee must be legally competent to accept the trust property he or she is to manage. Heather Savage is Senior Vice President and Business Development Officer based out of Cumberland Trusts Knoxville office. Highway Opening Permit Application. She specializes in delivering a range of customized trust solutions to best serve each client. Some of the advantages of a corporate executor include: Establishing an estate plan is essential and can provide you and your family with security and peace of mind for the future.Estate planning is not one-size-fits-all and varies in complexity depending on individual needs. In this role, Owen works with the Personal Trust Administration team to support individuals and families, along with their financial, legal, and tax advisors. Each time they were early or on time, fast, and provided excellent service. Others on our list (Advisory Trust, Reliance, Saturna, New Hampshire Trust) justify their minimums at lower levels. Douglas Stratton joined Cumberland Trust as a Trust Officer in 2022. Full-Time. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. He has twenty-four years of experience in banking, education, and trust administration. As Assistant Vice President and Trust Officer in the personal trust division, she is focused on providing a high level of responsiveness and attention to her clients. Andrea has extensive experience in financial planning, account management, and trust administration and management. Growth Permit - Application. in Music Business from Belmont University. Avery focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. Assistant Vice President & Marketing Manager. Caitlyn serves as a Trust Officer, focusing on the day-to-day administration of Special Needs Trust (SNT) relationships. 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 licensed to practice law in Arkansas and Tennessee. Bob and his wife Jodi have two adult sons, and they live in the Fort Myers, Florida area. cumberland trust fee schedule. He assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. Caroline Mitchell joined Cumberland Trust in 2019.