News & Insights
Trusted Ideas Blog
IRS Announces Changes to Estate Tax Portability Rules
The portability election allows a surviving spouse to use any estate and gift tax exemption remaining from the deceased person’s unused estate tax exemption along with their own.
Estate Planning for Married Couples
While couples may share mutual assets, it is still essential for both spouses to create their own estate plans to ensure appropriate protections are in place for the surviving spouse and any children.
Succession Planning for Family Businesses and Other Special Assets
Some in banking and finance might suggest these assets be liquidated to make the wealth transfer process easier; however, this solution does not necessarily serve the needs or wants of every individual or family.
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.
Newly Enacted Legislation Maintains Tennessee’s Advantage in Trust Administration
As trust assets in Tennessee have increased to several hundred billion dollars, the Volunteer state continues to distinguish itself as a desirable state for trust administration.
Understanding Special Needs Trusts
As millions of American families raise children with intellectual, developmental, and physical disabilities, Special Needs Trusts have become incredibly important in wealth management and financial planning.
Life, Work, and Money Podcast with Langley Respess and Alex Gillott
Cumberland Trust’s Vice President and Director of Personal Trust Administration, Alex Gillott, recently joined UBS Advisor Langley Respess as a guest on his Life, Work, and Money podcast.
The Importance of Updating Your Estate Plan
Taking the time to ensure your estate planning documents are accurate and up to date is equally as important as establishing an initial estate plan.
Off The Wall Podcast: Corporate Trustees | Right For Your Estate Plan?
Michelle Diamond, Chief Development Officer, and Heather Savage, SVP & Business Development Officer, joined the Off The Wall podcast to discuss common estate planning scenarios and address misconceptions about corporate trustees.
Cumberland Trust in the News
Shannon McGarrity Joins Cumberland Trust as Senior Vice President, Managing Director, Business Development
McGarrity will lead the development team as they connect clients and advisors with superior trust and estate services.
Cumberland Trust Appoints Debbie Schultz New Director of Special Needs Trust Administration
As Vice President and Director of Special Needs Trust Administration, Debbie Schultz will lead the company’s growing SNT
Jennie Menzie Named President of Cumberland Trust as Company Celebrates 20 Years in Business
Cumberland Trust today announced the appointment of Jennie Menzie as President.
Jean Jackson to Lead Cumberland Trust’s Alabama and Kentucky Markets
This year, Cumberland Trust celebrates its 20th anniversary as an independent corporate fiduciary focused on client service and
Shelly Donaldson Joins Cumberland Trust as Vice President in Atlanta
Cumberland Trust announces the hiring of Shelly Donaldson as Vice President and Business Development Officer based in Atlanta. In her
Cumberland Trust Welcomes Lisa Tesar to Lead Development in St. Louis
Cumberland Trust is pleased to announce growth in Missouri with the hiring of Lisa Tesar as Vice President
Welcome 2021 and Cumberland Trust’s 20th Anniversary
Cumberland Trust will celebrate its 20th anniversary as a corporate trustee focused on client service and advisor collaboration.
Cumberland Trust Appoints New Roles to Meet Demand for Services
Cumberland Trust, Nashville-based independent trust company, announced changes to its Administration, Corporate, and Operations leadership meant to maximize growth
Welcome 2020! Cumberland Trust Enters its 20th Year
This year, Cumberland Trust enters its twentieth year in business, and continues to be an experienced corporate trustee
Cumberland Trust Expands C-Suite as Company Surpasses $3.5 Billion in Assets Under Administration
Cumberland Trust has reached a new milestone and has expanded roles and responsibilities of the executive team to