Previously, Mr. Presley served as Chairman, President, and CEO and as President and Chief Operating Officer of Cumberland Trust. Runcie is a licensed attorney and CPA. Additionally, he is on the Board of Directors of the Center for Living and Learning and on the Advisory Board for Men of Valor. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. Our Cumberland Trust Family is Here to Take Care of Yours Trusted relationships are at the heart of what we do. Site by. She is a graduate of Southern Trust School in Mobile, Alabama and has earned her Certified Trust and Financial Advisor designation (CTFA). These corporate trustees can charge an annual fee of 0.5% to 2% of the trust's assets, in addition to requiring a minimum. by | Jun 10, 2022 | durham university sports and societies | northstar refrigerator reviews | Jun 10, 2022 | durham university sports and societies | northstar refrigerator reviews McGarrity earned a B.S. Rene received her B.A. Personal Trust Administration The grantor retains rights over the trust and may change or revoke the trust at any time. Prior to joining Cumberland Trust, Douglas worked as a State & Local Tax Associate at KPMG LLP in Indianapolis, Indiana. Eloise Schroer joined Cumberland Trust as a Trust Specialist in 2022. The access fee is considered a cash fee, therefore institutional aid and outside scholarships are not allowed to be used as payment. She focuses on delivering responsive and personalized trust administration services. She assists with various tasks related to real estate; oil, mineral, gas interests; LLC interests and other special assets for Cumberland Trusts clients. He received a J.D. She is a member of the National Trust Real Estate Association (NTREA), as well as the National Trust Closely Held Business Association (NTCHBA). 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. Heather received a B.A. It really does depend on what the client wants us to provide, he says. Naturally, its going to cost extra if the trust company also manages the underlying assets. Assistant Vice President & Special Assets Officer. She has extensive knowledge in the preparation and review of legal correspondence and compliance documents. Prior to joining Cumberland Trust, she served as the trust administration team lead at the Bank of Jackson Hole, Wyoming. Elsie holds a B.A. 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. Phillip assists in the administration of post-mortem estates and works with clients and beneficiaries to understand the steps of the estate process. in Political Science from the College of Charleston and serves on the Committee for Institutional Advancement for the Tennessee Performing Arts Center. . Previously, Chris served as Senior Vice President, Managing Director, and Head of Administration. in Public Relations with a Minor in Marketing from Belmont University. He is licensed to practice law in Tennessee. Previously, Lori served as Senior Vice President and Managing Director of Corporate Strategy. The grantor has ultimate control in setting up the trust: which assets will be transferred into trust, who will serve as trustee while he or she is living and after his or her death, and how the trust property will be administered during or after his or her lifetime. Subscribe to receive Cumberland Trust news, resources and insights in your inbox. He also works with the compliance department to help ensure that accounts are opened and documented accurately. Protect assets from future lawsuits, creditors, ordivorce. Additionally, she has worked with Life Crisis Services and the Incarnate Word Hospital. As a Business Development Officer, Bob focuses on building relationships with financial advisors, attorneys, and tax professionals throughout the state of Florida. Dayton received his B.A. Site by Circa Creative Studios. All rights reserved. This document allows the trust creator or grantor to place selected assets in trust. The Tennessee Community Property Act of 2010 can benefit families nationwide. Lauren holds a bachelors in business administration and a MBA from the University of Mississippi. Others decide what your client will pay when the business is placed on the table. Currently, Michelle manages the business development team, who work in Cumberland Trusts headquarters and in each of its regional offices. The Tennessee Community Property Trust Act. There is no worry that we will be influenced to favor one beneficiary over another. With a connected team of 120+ experts at your service in 10 offices nationwide. As Corporate Strategy Officer, Jessica develops the framework and plans to support long-term strategic initiatives for Cumberland Trust. from the Indiana University Robert H. McKinney School of Law in Indianapolis, Indiana. His prior experience includes serving as Trust Operations Manager for First American National Bank and as a Registered Principal with Summit Brokerage Services. Stocks, after a few years of. Prior to joining Cumberland Trust, Riley worked as an Operations Analyst at UBS Financial. One of the resulting benefits. Vice President & Director, Special Needs Trust Administration. in International Studies and French from Rhodes College in Memphis. As Vice President and Trust Officer, Sara manages personal trust relationships. Previously, she worked in the legal industry as a paralegal, specializing in estate planning, estate administration and corporate law. She is based in Austin and frequents the Dallas and Houston markets, connecting Texas individuals and families with high caliber trust and estate administration services. Previously, Greg worked in human resources and in youth sports. She received a J.D. cumberland trust fee schedule As Chief Fiduciary Officer, Chris oversees the day-to-day management of the entire Administration team, which includes Personal Trust Administration, Special Needs Trust Administration, and Estate Administration. Her previous experience includes working in the investment banking division of JP Morgan in the firms New York, Hong Kong, and Sydney, Australia offices and then in the managerial roles of Vice President and Senior Client Manager for JP Morgans Private Client Group in New York. Previously, she managed grantor and decedent trust administration teams with Edward Jones. Rebecca holds a B.A. Heather Savage is Senior Vice President and Business Development Officer based out of Cumberland Trusts Knoxville office. Douglas Stratton joined Cumberland Trust as a Trust Officer in 2022. in Business Administration from Middle Tennessee State University, with a major in Finance. The Playhouse celebrates its 50th . He is a First Lieutenant in the U.S. Army JAG Corps, Reserve Component. An essential planning tool, a will dictates distribution of your assets from your estate to surviving family members, friends, or favored charitable organizations. The trustee must be legally competent to accept the trust property he or she is to manage. He is past President of the following organizations: the Estate Planning Council of Nashville, the Tennessee Bankers Association Trust Division, and the Planned Giving Council of Nashville. McGarrity has more than 16 years of experience in the financial services industry. Caroline L. H. Bradshaw joined the Cumberland Trust team in 2007. Previously, she practiced Entertainment Law and Labor and Employment Litigation. Mr. Clements heads up a legal team, made up of attorneys, compliance officers, and specialists. In this role, Hannah administers personal trust accounts. in History of Art and Architecture from the University of Reading in England. He advises the company on trust and estate administration, special assets administration, fiduciary compliance and corporate governance matters. High-touch administration for those needing additional support. Plat or Map. 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. cumberland trust fee schedule. Jared received a B.S. Outside of work, Ryan enjoys volunteering at the St. Philip Legal Clinic in Franklin, TN. With a connected team of 120+ experts at your service in 10 offices nationwide. in Business Administration from Hanover College in Hanover, Indiana. and Morris, Manning & Martin, LLP. 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. 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. in Political Science from the University of Tennessee at Chattanooga and a J.D. As a Trust Officer, Emily provides proactive, high-quality service and cultivates supportive relationships with clients, and their financial, legal, and tax advisors through expert, attentive trust administration. Sara Kate focuses on being responsive, attentive, and understanding in order to build relationships with the clients and families she serves. from the University of Florida School of Law. from Purdue University Global. from Belmont University College of Law in Nashville. Yes, we have a team dedicated to the administration of Special Needs Trusts. Working alongside your chosen team of financial, legal, and tax advisors, we provide experienced trust and estate administration, compassionate hands-on service, guidance, and support through lifes transitions. While attending college, she interned with a commercial real estate investment firm. in Finance with a concentration in Entrepreneurship from the University of Tennessee, Knoxville. 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. Full-Time. 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. from the University of Memphis Cecil C. Humphreys School of Law. in Business Management (Deans list & OVC Commissioners Honor Roll). Beth Lee joined Cumberland Trust as a Trust Officer in Estate Administration in 2022. Vice President & Director, Special Asset Administration. Business Started Locally: 120+ dedicated, trusted experts to serve your family, support your team, and ensure your lasting legacy.

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