Senior Vice President & Managing Director, Trust Administration. Protect assets from future lawsuits, creditors, ordivorce. Northern Trust doesnt publish its fee scale, but president Dan Lindley was kind enough to give The Trust Advisor a peek. Outside of work, he is an avid sports fan and enjoys reading, hiking, exercising, and spending time with friends and family. Just as each life and family is unique, so is each estate left behind. launchpad classlink nmusd; cantonese text to speech; 15 second tv commercial script examples Laylas background also includes experience in utilities regulation while conducting legal research and writing for the Louisiana Public Service Commission. Prior to joining Cumberland Trust, she served as the trust administration team lead at the Bank of Jackson Hole, Wyoming. Ensure that assets such as a family business are leftundivided. Previously, Elly served as a trust officer in Cumberland Trusts Nashville headquarters, administering trust relationships and providing direct client support. In this role, Lisa focuses on building relationships with external advisors (including financial advisors, attorneys, and accountants), individuals and families through personalized trust and estate 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. Danielle holds a bachelors degree in Business Administration from Columbia International University in Columbia, South Carolina. What Investors Need to Know about SECURE 2.0 Provisions, Need Help With Your Asset Allocation in Retirement? Show all. 3 x 5 - $20.00 3 x 10 - $35.00 5 x 10 - $50.00 10 x 10 . The resulting team of experts then works together to provide the beneficiary with care and expertise, ensuring optimal management and administration of the trustorestate. 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. Elizabeth is licensed to practice law in Tennessee and Kentucky. We work closely with attorneys and financial advisors who have established estate plans and investment objectives for their long-standing clients. . 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. Dayton Hale joined Cumberland Trust in 2013 as a Trust Officer for special assets. Elizabeth holds a B.A. Prior to joining Cumberland Trust, Melissa worked as a Trust Officer at Riverview Trust Company in Vancouver, Washington. All rights reserved. Business Started Locally: The trustee is held to strict fiduciary standards in order to ensure that they can only use assets from the trust property for the beneficiaries, not for their own benefit. Stephen holds a bachelors degree in Managerial Economics with a concentration in Business Economics from the University of California, Davis. The announcement comes as Cumberland Trust recently reached $5 billion in assets under administration. Kathy Roberts of Santa Fe Trust agrees. in Business Administration with a concentration in Pre-Law from the Louisiana State University E.J. (Really big clients get institutional-strength discounts. Toll Free: 1.888.697.0371. Ensure that estate taxes are minimized as much aspossible. Before joining Cumberland Trust, Nathan worked as a Senior Consultant with Financial Industry Technical Services. Eleanor Claiborne joined the Cumberland Trust team in 2012 and works in corporate strategy, events, and marketing. High-touch administration for those needing additional support. What is a Directed Trustee? Senior Vice President & Director, Business Continuity & Information Security. Site by. Charitable trusts can have tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. His previous experience also includes serving as an Assistant Property Manager/Property Accountant at Avison Young and as a Customer Service Representative at Wilson Bank & Trust. Fee Schedule Fee Schedule The Recorder's Office accepts the following payment methods: Checks* - Checks should be made payable to "Recorder of Deeds". She was awarded the Certified Trust and Financial Advisor designation (CTFA) and is a graduate of Cannon Trust School, through Cannon Financial Institute. in Political Science from Northwestern University. Some of these accomplishments include winning the TIAA Excellence Award, serving as a TIAA Emerging Leader, on the Diversity and Inclusion Council and as a corporate United Way liaison. Dan holds a B.S. Bob and his wife Jodi have two adult sons, and they live in the Fort Myers, Florida area. Nathan Hyde joined the Cumberland Trust team in 2002 and serves as Senior Vice President and Director, Business Continuity and Information Security. Menu viscount royal caravan. so is each estate left behind. 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 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. As Assistant Vice President and Trust Officer, Kimberly is responsible for personal trust administration and relationship management, providing attentive service to clients and their legal, financial, and tax advisors. Senior Vice President & Managing Director, Operations/Technology. In this role, Matt works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Heather received a B.A. in Business/Management from the University of Phoenix. 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. Prior to joining Cumberland Trust, Ryan worked for litigation firmshandling cases involving complex commercial litigation, bankruptcy, and personal injury. 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. SCAM ALERT: Phone scams requesting money have been reported. 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. in finance from Auburn University. Join a community who will help you rise and reach your greatest potential. We dont take a trust that isnt going to be profitable, she told me. Previously, Susan worked as an Engagement Officer for Cumberland Trust, providing direct support to the Business Development team by initiating and developing new Trust opportunities and prospective client relationships, while also working internally to onboard new accounts. In this role, she reviews and drafts documents relating to incoming and transferring trusts. Previously, Caitlyn worked as an associate manager at Tumi Inc. and, before that, as an Intern for House Representative Jim Cooper. Lori holds a B.A. With a connected team of 120+ experts at your service in 10 offices nationwide. in Finance from the Middle Tennessee State University. and M.Ed in Special Education from the College of Charleston. 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. As with the TISA, this act requires that the trustee is a Tennessee resident or trust company. degrees in Finance and Management from Lipscomb University. 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. Elly Hutchings joined the Cumberland Trust team in 2015. The Tennessee Community Property Trust Act, passed in 2010, creates benefits for trusts owned by spouses, including providing equal ownership of property and the sharing of appreciation and income. Zandra serves as a Senior Business Development Associate. She also works with the compliance department to help ensure that accounts are opened and documented accurately. Chase holds a Bachelors degree in Finance from the University of Tennessee at Chattanooga. Sarah Leighton joined the Cumberland Trust Personal Trust Administration team in 2022 as a Trust Specialist. Some select this option to avoid a lengthy probate process and protect the privacy of the grantor and beneficiaries of the trust. Layla is licensed to practice law in Tennessee and Louisiana. The grantor also specifies the purpose of the trust: if the trust may be altered (and by whom), powers given to the trustee, and when disbursements are to be made. Responsibilities. She is a member and past board member of the Financial Planning Association of Greater Memphis and a member of the Memphis Estate Planning Council. He received his J.D. Caroline previously served as an Assistant Vice President and Trust Advisor at SunTrust administering trusts and managing high net worth client relationships. $25.00 per occurrence, maximum of 4 Overdraft and / or Returned Item Fees per day. Many matters that used to require a court to resolve may now be resolved by agreement among the beneficiaries. 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. April Drennan joined Cumberland Trust in 2019. Financial advisors, accountants, and attorneys need a collaborative, non-competitive trust solution for their clients. Prior to joining Cumberland Trust, Mr. Presley served as Senior Vice President and Head of Personal Trust Services for SunTrust Bank where he presided over the personal trust administration, estate settlement, tax, trust real estate, sales, and endowment/foundations divisions. Meredith focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. As Assistant Vice President and Compliance Officer, Harriet ensures that accounts are opened or closed and documented accurately. Credit Solution Experts Incorporated offers quality business credit building services, which includes an easy step-by-step system designed for helping clients build their business credit effortlessly. Emily Dye joined Cumberland Trust in 2019. 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 Prior to joining Cumberland Trust, Sloan worked for more than 14 years as a Private Banker and Assistant Vice President with U.S. Trust Private Wealth Management in Nashville, TN. Estate and post-mortem trust administration to honor, support, and carry out your wishes. , passed in 2002, encourages the use of modern portfolio theory in managing trust assets and defines how trust investment management may be delegated to an investment manager. Sara received a B.A. Trust Advisors - Private Trust Company: Planning, Administration & More In her role, Shelly connects individuals, families and their financial, legal, and tax advisors with Cumberland Trusts high caliber trust and estate administration services. Danielle is currently pursuing an MBA with a concentration in Finance. and Bachelor of Civil Law from the Louisiana State University Paul M. Hebert Law Center. Tenisha specializes in providing attentive and professional service to her clients. Alex holds a B.A. Phillip Burnett joined the Estate Administration team as a Trust Administrator in 2018. Prior to joining Cumberland Trust, Shelly founded The Donaldson Law Firm following experience at other firms including Lefkoff, Duncan, Grimes, McSwain & Hass, P.C. Prior to joining Cumberland Trust, she practiced as an associate attorney with a bankruptcy firm. Prior to joining Cumberland Trust, Robin served in multiple roles over six years with Brookdale Senior Living, Inc., including, Senior Living Advisor, RTA Specialist, Connection Center Supervisor, and Quality Assurance Specialist. An Atlanta native, Susan is involved in the community as an active member of the Junior League of Atlanta. 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. In this role, Kim supports a team of relationship managers and focuses on providing responsive and attentive service to clients. Earlier in her career, Lou Anne worked in the Cook County States Attorney Office in Chicago as an Assistant States Attorney and Prosecutor in the Appellate Division and then in the Abuse and Neglect Division of Juvenile Court. 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. Jared Lynd joined Cumberland Trust in 2017. Full-Time. Harriet White joined the Cumberland Trust team in 2012. Rene received her B.A. Previously, he worked as a conflict analyst with Pillsbury Winthrop Shaw Pittman. She serves as a Business Development Associate overseeing the onboarding of new business opportunities. from Belmont University College of Law. Previously, she served for ten years as a paralegal and raised her three, now grown, children. Provide regular disbursements to someone who is unable to manage large sums ofmoney. In these instances, planning for the unimaginable may help avoid unnecessary guilt and stress and relieve caregivers of decision-making burdens during unexpected medical emergencies. Prior to joining Cumberland Trust, Emily worked at a holistic wellness center working with client families. in Accounting (cum laude) and a J.D. Additionally, he is a member of Estate Planning Council of Middle Tennessee and active member of the University of Tennessee, Knoxville Alumni Association. 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. Jeiman Dosky joined Cumberland Trusts Administration team in 2016. 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.
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