Tennessee Bankers

Trust Division

The Tennessee Bankers Association is committed to providing our Trust Company membership with access to first-in-class legislative advocacy and professional development tools and resources. The TBA’s trust company members are invited and encouraged to participate in our flagship trust event, The Trust & Wealth Management Conference, held each fall in Nashville, Tenn.  TBA also offers vast online learning resources in cooperation with the American Bankers Association for our trust membership. Finally, we encourage our trust members to actively engage in our government relations efforts, including the Bank Lawyers Committee, Government Relations Committee and Washington Conference.

 

Trust & Wealth Management Conference

October 17 & 18: TBA Barrett Training Center, Nashville 
Early Registration Deadline: October 3, 2019
The Trust and Wealth Management Conference is the annual meeting for TBA members working in the trust area. Events include a reception and dinner, with the business session providing information on a variety of topical trust issues.
Click here to register and view more information. 

 

Legislation

On May 10, 2019, Tennessee Governor Bill Lee signed TBA’s legislation—SB 699 / HB 676—into law as Public Chapter 340. Among several changes, Public Chapter 340 adds a new Part 13 to the Tennessee Uniform Trust Code. This new Part 13 represents a significant evolution of Tennessee trust law by permitting the creation of special purpose entities, as defined in Tenn. Code Ann. § 35-15-1301(a)(6), to serve as Trust Advisors for trusts for which a Tennessee corporate fiduciary is serving as Trustee.

This law makes Tennessee one of the most favorable states for trust situs. For an overview of the new legislation and who can benefit from the change, click here. The article is written by Aaron Flinn, a partner on Waller's Trusts & Estates team.

For a complete summary of the changes made by Public Chapter 340, click here

We are proud of the legislative accomplishments we’ve made over the years to enhance and update our state’s trust laws, making Tennessee one of the nation’s leading trust jurisdictions. We will annually evaluate Tennessee’s trust laws to determine what, if any, updates and amendments are needed to maintain a top state.

 

Trust Committee

Chairman: Chuck McDonald, Senior Trust Executive, First Farmers and Merchants Bank, Columbia
Chairman-elect: David Neely, EVP, Mid-America Regional Head of Institutional Services, Regions Bank, Nashville
Vice Chairman:  Derek Church, Chief Fiduciary Officer, Pendleton Square Trust, LLC, Nashville
Immediate Past Chair:  Jamie Nicholson, Senior Vice President, Synovus Family Asset Management, Nashville

Members:
John L. Billings, Vice President, Client Administration, TCV Trust and Wealth Management, Knoxville
Matthew Buyer, SVP/Trust Services Advisor, Pinnacle Bank, Memphis
W. Spence Dabbs, JD, Senior Vice President & Senior Wealth Advisor, Truxton Trust, Nashville
Frank Davis, Senior Vice President/Trust Manager, First Tennessee Bank, NA, Memphis
Harold Fletcher, Attorney, Memphis
Wick Ruehling, Vice President/Trust Officer, Equitable Trust Company, Nashville
Rob Lineberger, Senior Fiduciary Officer, Diversified Trust, Nashville
Joseph Presley, President/CEO, Cumberland Trust and Investment Company, Nashville
Stacy Roettger, Senior Vice President, The Trust Company, Knoxville
Stephen M. Russell, J.D., CFP, CTFA, SVP, Head of Trust and Estate Administration, Middle TN Region, Trust Division, First Tennessee Bank, NA, Nashville
Richard Tomichek, Carr, Riggs & Ingram, LLC, Nashville
Emily Walker, Trust Officer, Commercial Bank & Trust Company, Paris

 

Trust Division Contact

Amy Heaslet, EVP/General Counsel, aheaslet@tnbankers.org
Penny Powlas, VP of Administration, ppowlas@tnbankers.org.

 

ABA Education Opportunities

TBA has partnered with ABA to provide trust related education. Below is a menu of courses, briefings, and reference guides. Note there are pricing differences between TBA members and Nonmembers. Contact Caroline Latham for more information.

Facilitated Online Courses TBA Member Price Nonmember Price
Basic Administrative Duties of a Trustee $300 $375
CTFA Exam Online Prep - Spring 2019 - Fall 2019 $1,125 $1,475
Introduction to Trust Products and Services $300 $375
IRA Online Institute $1,595 $1,795

 

Certificates TBA Member Price Nonmember Price
ABA Certificate in Trust: Advanced $2,295 $3,095
ABA Certificate in Trust: Foundational $1,495 $1,995
ABA Certificate in Trust: Intermediate $2,295 $3,095
Health Savings Account (HSA) Expert Certificate $795 $1,095

 

Self-Paced Online Courses TBA Member Price Nonmember Price
A Guide to Ethics in Fiduciary and Trust Activities $95 $130
A Guide to Ethics in Financial Planning $95 $130
A Guide to Ethics in Investments $95 $130
A Guide to Ethics in Tax Law and Tax Planning $95 $130
Account Acceptance and Termination $175 $225
Asset Allocation and Portfolio Management $175 $225
Basic Characteristics of a Trust $175 $225
Bond Selection and Analysis $175 $225
Discretionary Distributions $175 $225
Duties and Powers of the Trustee $175 $225
Economics & Markets $175 $225
Education Planning Solutions for Minors $175 $225
Estate and Guardian Administration $175 $225
Estate Planning for Charitable Giving $175 $225
Estate Planning for IRAs and Qualified Plan Balances $175 $225
Estate Planning for the Marital Deduction $175 $225
Estate Planning Solutions for the Business Owner $175 $225
Estate Planning to Achieve Client Goals $175 $225
Fiduciary Income Tax $175 $225
Fiduciary Law $175 $225
Fundamentals of Alternative Investment Products $175 $225
Fundamentals of Life Insurance $175 $225
Generation-Skipping Transfer Tax $175 $225
Gift Taxation $175 $225
How Trusts are Taxed $175 $225
Income Tax Planning $175 $225
Introduction to Estate Planning $335 $450
Introduction to Investment Management $335 $450
Introduction to IRAs $95 $130
Introduction to Planning for Retirement Assets $175 $225
Introduction to Trust Administration $335 $450
Investment Policy $175 $225
Investment Products $175 $225
Managing Life Insurance Policies $175 $225
Minimizing Fiduciary Risk and Litigation $175 $225
Planning for Estate Tax $175 $225
Prudent Portfolio Management $175 $225
Special Needs Trusts $175 $225
Stock Selection and Analysis $175 $225
Types of Insurance $175 $225
Understanding Transfer Tax $175 $225

 

Webinars TBA Member Price Nonmember Price
ABA 2019 Trust and Estate Planning Webinar Series
Recorded suite $1349 $2099
Individual Webinars
Security and Privacy Issues for Fiduciaries and Clients $265 $395
Current Issues in Charitable Giving $265 $395
What Should a Married Couple's Estate Plan Be Post 2017? $265 $395
Fiduciary Litigation $265 $395
Tales from the Crypt $265 $395
Developments in Life Insurance Planning $265 $395
Uniform Acts Impacting Trusts and Estates $265 $395
Planning with FLPs and LLCs: Alive and Well $265 $395
Recent Developments in Estate and Trust Administration $265 $395

 

Books & Reference Materials (printed versions) TBA Member Price Nonmember Price
Reference Guides to Wealth Management and Trust
Reference Guides (All Four Guides) $575 $775
Individual Guides
Reference Guide to Wealth Management and Trust: Fiduciary and Trust Activities $165 $225
Reference Guide to Wealth Management and Trust: Financial Planning $165 $225
Reference Guide to Wealth Management and Trust: Investment Management $165 $225
Reference Guide to Wealth Management and Trust: Tax Law and Tax Planning $165 $225

 

Books & Reference Materials (eBook versions) TBA Member Price Nonmember Price
Reference Guides to Wealth Management and Trust
Reference Guides (all 4 guides) $575 $775
Individual Guides
Reference Guide to Wealth Management and Trust: Fiduciary and Trust Activities $165 $225
Reference Guide to Wealth Management and Trust: Financial Planning $165 $225
Reference Guide to Wealth Management and Trust: Investment Management $165 $225
Reference Guide to Wealth Management and Trust: Tax Law and Tax Planning $165 $225