Philanthropic giving is a common goal for many individuals. The choice to give is often fueled by the desire to unite the family and establish a legacy with their favorite charitable causes. Other times, a significant shift in wealth (due to retirement or selling a...
Planning for the future of a family member with special needs is a deeply personal and often overwhelming responsibility. For many families, the complexities of trust administration, long-term care planning, and securing financial resources create significant stress....
Navigating family transition with aging adults can be difficult. Emotionally charged conversations and tough decisions can often challenge harmony for older adults and across generations. One way to avoid these frustrations is to begin planning early, combining the...
Here are four examples of how Cumberland Trust’s collaborative and personalized approach to trust administration has helped families navigate complex situations, preserve harmony, and protect generational wealth. Case Study #1: Restoring Stability and Financial...
As generational wealth transitions from founders to heirs, family offices face a pivotal challenge: remaining relevant and resonant with the next generation of trust beneficiaries. How well does the family office know the dreams and goals of the next generation of...
