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Trusted Ideas Blog

Estate Planning for Singles

People become single for a variety of reasons—widowhood, divorce, or never having been married. There is no one estate planning solution for every single person but having a plan in place is vital.

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2022 New Year’s Resolutions

If you’re like many individuals this time of year, you’re starting the year off by creating a list of things you’d like to accomplish in 2022.

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The Pros and Cons of Probate

While some financial planners may recommend that those with larger estates try to keep property out of probate whenever possible, this is not a “one size fits all” solution.

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When to Consider a Corporate Co-Trustee

By appointing a corporate co-trustee, an individual shares the responsibility of trusteeship with a corporate trustee like Cumberland Trust. This arrangement allows a family member to continue to play a role in the trust management, while Cumberland Trust provides the technical expertise.

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Cumberland Trust in the News