Aug 26, 2020 | For Professional Advisors, Understanding Trust Administration
Charitable trusts are wealth planning vehicles with advantageous tax benefits for philanthropic families or individuals who wish to donate to charitable organizations. There are two main forms of charitable trusts: a charitable remainder trust (CRT) and a charitable...
Nov 8, 2019 | For Professional Advisors, Understanding Trust Administration
Over the past several decades, many states have worked to update trust legislation. Tennessee is a prime example thanks to its favorable tax laws and the adoption of the Prudent Investor Act, the Uniform Trust Code, and other asset protection legislation. These...
Oct 28, 2019 | For Professional Advisors, Special Assets
The Special Assets Team at Cumberland Trust, consisting of Dayton Hale, April Drennan, Natalicia Hosseinzadeh, and David Shetler, brings together their collective expertise in all matters of unique, illiquid, and hard-to-value assets held in trust. This installment...
