Apr 1, 2019 | Understanding Trust Administration
This year, we will be starting an ongoing blog series—The Case for Corporate Co-Trustees. Each post will examine a different aspect of trust or estate administration. Our goal is to help families become more informed when reviewing trustee options. We think the...
Mar 20, 2019 | Understanding Trust Administration
It’s that time of the year again–tax season! Whether you dread or enjoy doing your taxes each year, they are inevitable. The same goes for trust tax returns since each trust must file a tax return of its own each year. Here are some helpful reminders regarding the...
Dec 4, 2018 | Understanding Trust Administration
Trust documents using out of date legislation or antiquated approaches can create frustrating challenges for families and advisors. Other times, changing family dynamics or health circumstances can render a trust ineffective in meeting the needs of a beneficiary....
Oct 31, 2018 | For Families and Individuals, Understanding Trust Administration
As a trust beneficiary with questions about your trust, you need a trust officer who understands and listens to you. At a traditional large bank, trust administrators may manage hundreds of accounts. When you reach out with a question, it’s likely you’ll...
Aug 30, 2018 | Understanding Trust Administration
Cumberland Trust was founded 17 years ago to focus on families. Making client lives less complicated by delivering on their needs and extending their values through generations. We knew our clients worked hard to build their legacy, and it was up to us to assist them...
