January Lunch & Learn with Cindy Steeb

 Family Trust Companies: Bringing Generations Together – Case Studies

With the looming sunset of the lifetime exemption, many clients are looking to multigenerational estate planning utilizing trusts. This highlights the question of the appropriate trustee. An Ohio Family Trust Company may be the solution allowing the family to remain in control of their wealth planning strategy. Come learn about the Ohio Family Trust Company Act through Case Studies of families that have already embraced the planning strategy.

Learning Objectives:

• Spotting family issues that may be addressed with a family trust company
• Understand the basics of an Ohio Family Trust Company
• Case studies showing families that have set up family trust companies

About the Speaker: Cindy Steeb, MBA, JD

Cindy is a Senior Managing Director with Clearstead Advisors, an independent wealth management firm headquartered in Cleveland, OH which provides financial planning, tax planning, investment management, private family trust company administrative services, family office, and OCIO to private clients and institutions. Cindy works with high-net-worth clients, private family trust companies and privately held companies to bring creative solutions to complicated estate planning and fiduciary matters. She develops trusting client relationships through her interpersonal skills, strong business judgment, and a sensitive approach to family and business dynamics. In working with clients, she draws on the experience she gained working in four different single-family offices for families who have: 1) experienced a liquidity event, 2) owned a controlling interest in a publicly-traded company, and 3) operated privately-held business enterprises.

Prior to joining Clearstead, she co-authored and participated in lobbying efforts to secure passage of the Ohio Family Trust Company Act allowing for both licensed and unlicensed family trust companies in Ohio. She has also formed trust companies in Ohio, Wyoming, and South Dakota and hasmanaged trust companies in Ohio, Wyoming, and Delaware. She currently serves on the Board and/or as an Officer for three private family trust companies and one public trust company.

Prior to her law career, Cindy worked at Procter & Gamble and United Airlines in the sales and marketing arena. Cindy received her J.D., magna cum laude, from Cleveland-Marshall College of Law. Her Bachelor of Arts degree is in Business Economics from the College of Wooster where she graduated With Honors and Phi Beta Kappa. She also has a Master of Business Administration with a Marketing Concentration from DePaul University where she graduated With Distinction.

In addition to her significant work with non-profit organizations, Cindy is an active volunteer with American Brittany Rescue having fostered over 35 dogs. She shares her farm in Valley City, OH with her four-legged family of Brittany dogs and Arabian horses.