Cumberland Legacy LLC

Cumberland Legacy, L.L.C., is an affiliated company of Morris Law Firm that provides for the strategic creation, development and implementation of family office functions for wealthy individuals. Morris Law Firm launched Cumberland Legacy, L.L.C. in 2002 in order to assist clients and their families with their specific personal and business needs.

Cumberland Legacy is similar in design to individual family offices, while taking advantage of the economies of scale. Cumberland Legacy offers solutions for wealthy clients who are seeking direction and assistance with respect to all of their personal and business affairs. Cumberland Legacy concentrates on forming sincere and distinct personal relationships with each client therefore enabling Cumberland Legacy to precisely identify and understand the client’s specific goals. Once these relationships are established, Cumberland Legacy assembles an integrated team of specialists to realize these very specific client needs and objectives. A family office operation that is coordinated by Cumberland Legacy provides a centralized source of strategies for long-term wealth accumulation, management, and preservation.

Acting as an advocate, Cumberland Legacy coordinates the following services:

Legal consulting, administration and review
Trust management
Net worth/cash flow analysis and budget creation and reviewPreparation and review of financial statements
Tax consultation, planning, preparation and protection strategies
Asset allocation and consolidation/investment policy development and review
Retirement planning
Investment management and monitoring
Wealth transfer planning and estate planning strategy creation and administration
Business succession planning
Bill paying
Assistance with asset purchasing
Bookkeeping
Capital management
Risk management
Management of real estate transactions and properties
Conflict management
Project Development
Financial and investment education
Charitable and trust administration
Private foundation administration
Philanthropy
Special needs (hiring domestics, college admissions, gift services, etc.)

Cumberland Legacy allows each client and his or her family to enjoy their wealth and works toward ensuring that the family will remain a financially viable and stable entity for future generations. If you would like to receive further information about Cumberland Legacy, please contact Thornton W. Morris at (770) 956-1000.