cumberland trust fee schedule. He received a J.D. . Provide for the management of assets while a person is still living and govern how assets will be distributed upondeath. $10 (register may waive for person over 62 years old) Birth certificate after one year or more for same county, with one certified copy. 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. She received a J.D. He also works with the compliance department to help ensure that accounts are opened and documented accurately. in Political Science and Economics from the University of Tennessee and a Paralegal Certificate from the National Institute of Paralegal Training in Atlanta. In this role, Sara Kate works with the Estate Administration team to support families and professional advisors in the administration of estates and administrative trusts. She is licensed to practice law in Arkansas and Tennessee. He has twenty-four years of experience in banking, education, and trust administration. Carla Hale joined Cumberland Trust in 2009. With 15 years of experience in the financial and banking industry, Jeiman brings a high level of expertise to her clients. Interpretation Appeal Application. Andrew earned a B.S. Prior to joining Cumberland Trust, Shelly founded The Donaldson Law Firm following experience at other firms including Lefkoff, Duncan, Grimes, McSwain & Hass, P.C. If more than one of the foregoing fees could apply to a given Trust Custody Account, the highest applicable fee will apply. Kathy Roberts of Santa Fe Trust agrees. She received a B.A. $25.00 per occurrence, maximum of 4 Overdraft and / or Returned Item Fees per day. with a concentration in Business Transactions from the University of Tennessee College of Law (magna cum laude). Kimberly George joined the Cumberland Trust team in 2014. Knowledge and experience to navigate complex, hard-to-value, illiquid assets. Lisa Tesar is a vice president and business development officer based in Cumberland Trusts St. Louis office. Matt focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families he serves. He currently coaches for the Nashville Predators youth hockey teams. Just another site. I used them twice recently, moving to and from Pennsylvania. Outside of work, Ryan enjoys volunteering at the St. Philip Legal Clinic in Franklin, TN. She focuses on being responsive, attentive, and understanding to build relationships with the clients and families she serves. 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. Comprehensive trust administration, education, and proactive client service for your family. While attending college, she served as a member of the executive student government and assisted University Admissions in the recruitment of prospective students. For questions or to schedule an appointment, please call 717-240-6345 or email regofwills@cumberlandcountypa.gov. Prior to joining Cumberland Trust, Layla held the role of contract drafting, review, and negotiation for Vanderbilt University Medical Center as well as experience in due diligence contract review for healthcare companies anticipating mergers and acquisitions. How Can They Provide Better Service to Families? Previously, he worked in the music industry for eight yearsspecializing in song licensing and royalty administration with Capitol Christian Music Group (formerly EMI) and Music Services. No. in Psychology and Sociology from Western Kentucky University. Alex serves as Assistant Vice President and Trust Officer in the personal trust administration division. All rights reserved. Senior Vice President & Managing Director, Tax. In her role, Jennie manages the companys day-to-day operations while driving Cumberland Trusts vision for the future. Previously, Jennie served as Chief Operating Officer and Corporate Counsel and as Chief Strategy Officer and Assistant General Counsel at Cumberland Trust. She builds client relationships by providing proactive, high quality service to clients and their legal, financial, and tax advisors. Michelle is a regular speaker for industry-related events nationwide, and she has been published in The Tennessean. Before joining the Cumberland Trust team, Jared worked as an associate attorney at Hagan Law Group, PLLC in the practice areas of business law, property law, and estate planning. Sarah focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. High-touch administration for those needing additional support. Previously, he served as Regional Sales Manager at Scottrade/TD Ameritrade. Amanda Laginess joined the Cumberland Trust team in 2020. Previously, she worked as a Trust Officer for Regions Bank in Knoxville and in Cincinnati, Ohio at Provident Bank in tax and trust accounting. Before that, she was Vice President in the Custody Income Operations department (Global Securities Services) at Deutsche Bank/State Street in Nashville. Meg holds an A.B. Vice President, Director of Human Resources. One of the resulting benefits. She is a Fellow in Charitable Estate Planning from the Institute of Charitable Estate Planning. Rachel holds a B.A. She studied abroad at the University of London through Biederman Entertainment and Media Law Institute. In this role, Chase focuses on Cumberland Trusts corporate operations. It also reduces capital gains tax implications after the death of one spouse. Schedule a Visit. Harriet received a B.S. Specialized expertise combined with care and compassion for your family. Senior Vice President & Managing Director, Trust Administration, Vice President & Director, Personal Trust Administration, Vice President & Trust Officer, Administration Manager. He received his J.D. Help beneficiaries avoid the unnecessary expenses ofprobate. The Tennessee Community Property Act of 2010 can benefit families nationwide. Previously, Ashley worked for Newt Gingrichs 2012 presidential campaign. He specializes in guiding high-net-worth individuals and families through the administration and management of personal trusts and foundations. in Business Administration with an emphasis in Accounting from Berea College in Berea, Kentucky. Assistant Secretary, Assistant Vice President & Director of Finance. Our premier services support families when they need it most, providing guidance, education, peace of mind, respect, and understanding. Michelle holds a bachelors degree in Education from Aquinas College. Adriana Sosa joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. 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. Many matters that used to require a court to resolve may now be resolved by agreement among the beneficiaries. In this role, Ryan works with the personal trust administration team to support individuals and families, along with their financial, legal, and tax advisors. Our dedicated staff have the time and attention to make sure our mutual clients receive unmatched support, education, and care when they need it most. Runcie is a graduate of Baylor University with a B.B.A. Vice President & Manager, Business Development Associate. Additionally, he manages a growing team of personal trust officers, administrators, and specialists. For a client with that kind of wealth, the $20,000 translates into at most 40 basis points a yearpretty low by industry standards. Wealth Advisors Trust Co. trustee fee schedule rests on hourly, fixed and percentage of assets. Dudley holds a B.A. 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. Rene received her B.A. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. He also holds a Six Sigma Yellow Belt certification. Yes, we have a team that focuses on the administration of illiquid assets held in trust. Eloise holds a bachelors degree in International Global Studies with a minor in French from Sewanee: The University of the South. Harriet White joined the Cumberland Trust team in 2012. Phillip Burnett joined the Estate Administration team as a Trust Administrator in 2018. in Political Science from the University of Tennessee at Chattanooga and a J.D. 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. April holds a B.S. 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. Use This Bucket Approach From Morningstar, IRS Offers New Rules on Deadline for Using Retirement Forfeitures, Billionaire Investor Bill Gross Rips Absurd CNBC Over Cathie Wood, Automatic 401(k) Enrollment Could Be Coming Soon, House Votes to Overturn Rule Allowing ESG Investing in Retirement Plans, Markets Are Trying to Figure Out What to Anchor to, Strategist Says, Why European Stocks are Currently Outperforming US Stocks, Bond King Jeffrey Gundlach Prepares for Recession 2023. Vice President & Business Development Officer. 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. Scott Martin, contributing editor, The Trust Advisor. She received her J.D. Originally from Lake McQueeney, Texas, as Vice President and Regional Development Officer Elly focuses on building relationships with legal, financial, and tax professionals throughout the state of Texas. 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 In this role, she works closely with clients and their families, along with their legal, financial, and tax professional advisors. Prior to joining Cumberland Trust, she worked as a Customer Service Representative with State Farm. Caroline is a member of the Tennessee Bar Association, Nashville Bar Association, and the Estate Planning Council of Middle Tennessee. Lou Anne Wolfson joined Cumberland Trust in 2013. in Accounting (cum laude) and 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. from the University of Kentucky College of Law in Lexington, Kentucky. An Atlanta native, Susan is involved in the community as an active member of the Junior League of Atlanta. 2021 Cumberland Trust. All deeds of conveyance, (with or without a plat), trust deed, fixture filing or security agreement concerning real estate. in Business Administration and Economics from Rhodes College in Memphis and an M.B.A. in Finance and Marketing from Indiana University. We are located in one of the most trust-friendly states, giving our clients and their assets access to very favorable trust laws. Menu viscount royal caravan. Sara Speidel joined the administration team at Cumberland Trust in 2007. Additionally, she has worked with Life Crisis Services and the Incarnate Word Hospital. Homeless Trust Fund Fee $5.00 Assignment of Tax Sale Certificate First page $40.00 Each additional page $10.00 Homeless Trust Fund Fee $5.00 Bill of Sale First page $30.00 Each additional page $10.00 Homeless Trust Fund Fee $5.00 Cancellation of Mortgage Each recording $20.00 Homeless Trust Fund Fee $5.00 Certificate of Incorporation 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. Additionally, she mentors trust officers and their teams, building connections between Cumberland Trusts relationship managers, external advisors, and clients. 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. Quarterly fee of $15.30 per account. Show all. Elsie Bennett joined the Cumberland Trust team in 2015. Jennie focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. Cumberland Trust has provided professional, comprehensive estate settlement services for many years throughout the geographic regions where we serve. Prior to joining Cumberland Trust, Brianna worked as a Business Assistant at a dental practice. In the community, Caitlyn sings Alto 2 for Vox Grata Womens Choir and has been a Board Member of the Tennessee Pride Chamber since 2021. What is a Directed Trustee? She was awarded the Certified Trust and Financial Advisor designation (CTFA) and is a graduate of Cannon Trust School, through Cannon Financial Institute. She has also worked with the Cardinal Basketball Officials Association officiating high school basketball. Wendy Maynard joined the Cumberland Trust Asset Transfer team in 2021 as an Asset Transfer Specialist. Elly Hutchings joined the Cumberland Trust team in 2015. Andrea has extensive experience in financial planning, account management, and trust administration and management. Ryan earned a Bachelor of Business Administration degree (B.B.A.) In addition, Dan has over 15 years of custody and trust operations experience from previous positions with State Street Bank and Reliance Trust Company. Specialized Knowledge and Focused Administration, Conveniently Headquartered in Trust-Friendly Tennessee. Bonnie holds B.S. in Finance with a concentration in Entrepreneurship from the University of Tennessee, Knoxville. from the University of Florida School of Law. But there are a lot of vendors out there that are happy to offload the investment responsibilities and knock a bit off their fees in return. I'm Worried About How Inflation Will Affect My Retirement Savings. Michelle holds a B.A. Meredith focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. What is a Directed Trustee? As Assistant Vice President and Compliance Officer, Harriet ensures that accounts are opened or closed and documented accurately. One of the resulting benefits. She assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. Kim holds a B.S. Nathan is a Certified Securities Operations Professional (CSOP), a designation awarded by Cannon Financial Institute. All rights reserved. Rebeccas previous experience includes working as a Management Consultant for Ernst & Young, a Financial Analyst, and then Managing Director of Investor Relations and Corporate Contributions for FedEx. Thats about where vanilla Commonwealth trusts start, Jim McMackin, who runs the companys marketing, told me. 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. Credit cards - Credit card payments are being processed through Value Payment Systems (VPS). Years in Business: 22. Business Started: 1/1/2001. Tim is a graduate of the American Bankers Association Trust School where he earned the Certified Trust and Financial Advisor (CTFA) designation. Sarah Leighton joined the Cumberland Trust Personal Trust Administration team in 2022 as a Trust Specialist. Over the past several decades, many states have worked to update trust legislation. Military discharge certified copy as authorized. He is licensed to practice law in Tennessee. Previously, Bonnie worked on Cumberland Trusts Operations team. As Cumberland Trust grew, Michelle developed the blueprint for expansion into regional markets and she worked to open our nine regional offices. 1/1/2022 Register of Wills Fee Schedule (pdf) Court Calendar. 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. Layla is licensed to practice law in Tennessee and Louisiana. When asked to present a benchmark, he estimated that a relatively bare-bones Peak Trust account might charge 50 basis points a year or an annual minimum of $3,500. Lauren holds a bachelors in business administration and a MBA from the University of Mississippi. What Investors Need to Know about SECURE 2.0 Provisions, Need Help With Your Asset Allocation in Retirement? She was awarded her J.D. All rights reserved. All rights reserved. Prior to joining Cumberland Trust in 2021, Lisa was a senior director and business manager with TIAA, working with their private asset management group. 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. Outside of work, Sarah enjoys spending time with friends and family. , 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. Full-Time. in finance from Auburn University. Sara received a B.A. She received a B.B.A. Prior to joining Cumberland Trust, Meredith worked for over five years with Nike, Inc. in their Tennessee offices. Senior Vice President & Managing Director, Corporate Development. from Western Kentucky University in Bowling Green, Kentucky. Eleanor Claiborne joined the Cumberland Trust team in 2012 and works in corporate strategy, events, and marketing. Natalicia has been a member of the National Associate of Realtors and Greater Nashville Realtors Association since 2017. Previously, Lou Anne served as Director of the State Advocacy Resource Center of the American Medical Association, where she represented the AMA before the highest levels of state political and medical organizations. Runcie is a licensed attorney and CPA. from Purdue University Global. Matt Skeens joined Cumberland Trust as a Trust Administrator in 2022. Cumberland County - Tennessee. 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. Our team works in conjunction with any external property managers. 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. Additionally, she volunteers as a photographer for the Harpeth Conservancys renowned River Swing event. Prior to joining Cumberland Trust, Owen was a Trust Associate with Pendleton Square Trust Company in Nashville, Tennessee. She assists in the onboarding of new Cumberland Trust clients and their advisors, providing attentive support during times of change. Tennessee has long been a friendly state to trusts, thanks to its favorable tax laws and its adoption of a handful of important asset protection legislation: The Prudent Investor Act, 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. in Music Business from Belmont University. Prior to joining Cumberland Trust, she worked as an elementary and middle school teacher for more than 20 years in Philadelphia, Nashville, and Pegram. She serves as Senior Vice President and Managing Director of Tax Administration. As Peak Trust founder Douglas Blattmachr told me, its pointless to advertise how much a generic offering would cost when the fact is that at this level, one size fits none. Zandra Ribas joined the Cumberland Trust team in 2019. It really does depend on what the client wants us to provide, he says. Andrew Serpico joined Cumberland Trust as a Trust Specialist in 2021. Vice President & Director, Special Asset Administration. Whatever happens, says Kathy Roberts, the CEO of Santa Fe Trust, small accounts shouldnt be loss leaders. Through collaboration with our Trust and Estate Administration team members, she provides a high level of expertise to her clients. Jared received a B.S. from Quinnipiac University School of Law in Hamden, Connecticut. We are located in one of the most trust-friendly states, giving our clients and their assets access to very favorable trust laws. Specialties: "Consistently, Cumberland County Playhouse presents the best musical theater offerings you're likely to find outside of NYC." - Broadway World One of the top professional theaters in rural America, Cumberland County Playhouse in Crossville, TN produces an exciting, diverse lineup of musicals, plays and concerts presented in year-round repertory. Prior to Cumberland Trust, Asha served as Director of Implementations at Emdeon, where she managed teams responsible for implementing direct claims connections with healthcare companies. 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. She was awarded the Certified Trust and Financial Advisor Designation (CTFA) and is a graduate of Cannon Trust School, through Cannon Financial Institute. from Baylor University in Waco, Texas. Instead, a trust helps to ensure your assetsthe ones that youve worked so hard to buildare distributed in the time frame and manner you desire. Previously, Lori served as Senior Vice President and Managing Director of Corporate Strategy.
