News & Insights
Trusted Ideas Blog
What does an Independent Trust Company do?
Unique from other fiduciaries, we focus on providing our clients with education, administration, and premier client service.
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.
What Protections Can a Corporate Co-Trustee Provide?
Naming a trust company to serve as trustee or co-trustee often provides more client protections than utilizing a sole individual trustee.
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.
New Legislation Maintains Tennessee’s Status as a Leading Trust-Friendly State
Tennessee continues to distinguish itself as a desirable state for trusts, and new legislation maintains this advantage.
Cumberland Trust’s Continued Dedication to Special Needs Trust Administration
Cumberland Trust was founded in 2001 to offer high-level service to families seeking to preserve their legacy. The Tennessee trust company provides...
Writing a Letter of Intent
Often, a letter of intent can serve as a thoughtful reminder of your intentions and provide comfort and clarity to your family after your passing.
Cumberland Trust: National Leader in Special Needs Trust Administration
Cumberland Trust continues to provide diversified and comprehensive administration services for all types of trusts and estates for clients across...
Navigating Tax Season: Trust Tax Reminders
Each year, tax returns must be prepared and filed for personal trusts and estates. Below are some reminders regarding the trust tax filing process....
Cumberland Trust in the News
Cumberland Trust Enlists Bedell James as Senior Vice President, Managing Director, Corporate Development, as Trust Company’s Success Continues
The addition of Bedell James as SVP, Managing Director, Corporate Development comes as the company continues to expand
Cumberland Trust Appoints David Murray as Managing Director, Corporate Development as Company Reaches $8 Billion in Assets Under Administration
Cumberland Trust, a Nashville-based independent trust company, announces the addition of David Murray to its Corporate Development team
Cumberland Trust Expands C-Suite with Promotions of Dan Jernigan and Asha Nivison
Cumberland Trust today announced the promotion of Dan Jernigan, Chief Compliance Officer and Corporate Secretary, and Asha Nivison,
Jennie Menzie Named CEO and President of Cumberland Trust
The Board of Directors of Cumberland Trust, an independent trust company, today announced the appointment of Jennie Menzie
Scott Kendrick Joins Cumberland Trust as Chief Financial Officer and Treasurer
Kendrick is the newest member of the firm's executive management team and will lead the accounting and finance
Cumberland Trust Reaches $6B in Assets Under Administration, Promotes Veteran Employees to Executive Management
The appointment of Chris Buckley and Lori Thoeny to the firm’s executive management team comes as the company
Bob Carville Joins Cumberland Trust as Business Development Officer in Tampa-St. Pete, FL
Carville will continue to expand Cumberland Trust’s presence in Florida with the estate planning community.
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.
Disclosures
This information is not intended to be and should not be treated as legal, investment, accounting or tax advice and is for informational purposes only. Readers, including professionals, should under no circumstances rely upon this information as a substitute for their own research or for obtaining specific legal, accounting or tax advice from their own counsel. All information discussed herein is current only as of the date appearing in this material and is subject to change at any time without notice.