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...
Many corporate trustees follow a rigid, one-size-fits-all approach that may not align with family offices’ personalized, high-touch service. However, the right corporate trustee can seamlessly extend the family office, offering objective trust administration...
Some studies show that illiquid assets make up approximately 55% of the portfolios of high-net-worth individuals. These assets could represent an initial source of a family’s wealth or an important part of the family’s history. When these assets are placed in trust to...
