News & Insights
Trusted Ideas Blog
Avoid Charity Scams and Give Wisely this Holiday Season
At year-end, many people donate to charitable organizations. Unfortunately, there are fraudulent organizations that try to take advantage of holiday giving.
What is a Directed Trustee? How Can They Provide Better Service to Families?
Over the past several decades, many states have worked to update trust legislation. One of the resulting benefits in Tennessee is the directed trust model.
The Special Assets Team: Closely Held Business Interests
This installment of Trusted Ideas focuses on closely held business interests, another one of the largest dollar-value holdings in Cumberland Trust’s portfolio.
The Case for the Corporate Co-Trustee: Peace of Mind
Typically, naming a corporate trustee to serve as trustee or co-trustee provides many more client protections than utilizing a sole individual trustee.
What is a Letter of Intent?
A letter of intent, sometimes called a letter of instruction, can be a helpful, more personal, addition to your estate planning documents.
Maintaining Life Balance as a Family Caregiver
Often, juggling the duties of a caregiver with your own career and personal responsibilities is overwhelming, but there are resources that can help.
Is a Revocable, Living Trust Right for You?
In a revocable or living trust, the trust creator retains rights over the trust, including the ability to change or revoke the trust at any time.
Estate Planning: 5 Things to do Before 2020
Learn more about a few common estate plan updates you can check off your financial to-do list before the new year.
The Special Assets Team: Residential Real Estate Primer
In this installment of the Trusted Ideas blog, the special assets team explains what is involved in maintaining trust-owned residential real estate.
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.