Tim sings "Spirit" (Welsh) in Concert.

Timothy B. Borchers
Position: Shareholder
Tel: 508.803.1900 (x229)
Cell:508.846.8989
Fax:508.463.0534
Email: tim@borcherslaw.com

Lawyer Profile: 

Tim’s estate planning practice serves a full range of clients, with an emphasis on developing relationships with his clients whereby he understands and can readily advise clients regarding the important issues in their lives.  Tim applies multigenerational “inheritance trusts” and total probate avoidance techniques, asset protection, wealth management strategies, retirement and tax planning, sensitized to each client’s situation, comfort level and preferences.  He is the sole shareholder of the firm founded in 1995.  He has been associated with Borchers, Ware & Guglielmo, P.C. and McLane, Graf, Raulerson, & Middleton, P.A. in the recent past.

Areas of Practice:

• Estate Planning (Wills, Trusts, Powers of Attorney, Health Care Proxies, Living Wills, Medical Directives, Expressions of Benevolent Wishes)
• Trust and Estate Administration, Probate of Wills
• Asset Protection using business entities and trusts
• Medicaid qualification (planning client’s assets and estate to avoid loss of wealth to Medicaid spend-down requirements)
• Planning for persons/children with unique challenges, disabilities, and special needs
• Guidance in selection of wealth managers and financial advisors
• Medical Professional and Medical Practice services in estate planning, asset protection, optimal practice structures, practice succession planning
• Income, estate, gift and corporate tax planning
• Heirloom Property and Vacation Home Planning (how best to own, protect and pass down heirloom properties)
• Business Succession Planning
• Law firm and Professional Practice Succession Planning
• Purchase and Sale of Real Estate, including agreements, options, titles, cash purchases, private mortgages, take back mortgages, intra-family lending, closing representation
• Business organization and maintenance, including corporations, LLCs and partnerships
• Serves as Trustee and Trust Advisor (also known as Trust Protector)
• Annual maintenance programs called Estate Protection Review & Refinement™, PlanCheck™, PlanServe™ and ILITServe™ to relate to and promptly meet clients’ needs

Author:

Owning, Protecting and Passing down the Vacation Home or Heirloom Property
Using Qualified Personal Residence Trusts in your Estate Plan
Ten Timeless Tips for An Effective Estate Plan
“So... Do You Have a Will?” - How to Ask Someone You Love about his/her Estate Plan
Considering and Starting a Law Firm Trust Maintenance Program
MODEST Philanthropy: Using the “Expression of My Benevolent Wishes” to Achieve Philanthropic Results
What is Probate? - What to do Following the Death of a Loved One
Numerous short articles on various estate protection and planning topics

Intellectual Property and Trademarks:

• Lifetime Wealth Planning™ - a process of discovery, planning, implementation and refinement for estate protection and planning
• The Lifetime Wealth Planning™ diagram
• Asset-Trust Organizer™ - a unique chart coordinating ALL assets and gifts with proper ownership and beneficiary designations
• Estate Protection Review and Refinement™ - an ongoing program of planning and adjustment using a meeting every third year
• PlanCheck™- an annual service for estate plan tune-ups using a 3-year conference call
• PlanServe™ - a customized trust and estate maintenance service
• ILITServe™- an insurance trust gift and premium maintenance program
• The Inheritance Trust™ created upon death to receive and protect assets passing to heirs
• Fundamental Estate Planning™ - a one-meeting system of planning for simple estates, ideal for young planners or those in need of only the basics
• The Heirloom Ownership Trust™ or HOT Property Trust™ intended to own, fund, protect, manage and continually pass down a vacation home or other heirloom property
• STEPP™ Program  - Special Tax and Estate Protection for Physicians and their practices
• Legacy Asset Saving Trust™ or LAST Trust™ - an irrevocable trust for Medicaid qualification planning
• Family Financial Assistants – assignment and coaching of family members to assist in the financial, tax and insurance affairs of elders, or providing paralegals in this role
• The Advisor's Advantage Program – Workshops for clients and the public sponsored with financial and insurance advisors, trust departments and CPAs, creating immediate team involvement with clients 
• The 4Ds – Tim's unique label for the four usual sources of attack on the inheritance of assets, standing for “Debt, Divorce, Disability and Dissipation”

Admissions:

• Massachusetts
• New Hampshire

Professional & Associations:

• Massachusetts Bar Association
• Boston Estate Planning Council
• Real Estate Bar Association of Massachusetts
• WealthCounsel™ LLC
• Massachusetts Forum of Estate Planning Attorneys, Inc. (non-profit), Treasurer; Committee on Law Firm Succession Planning
• The Exit Planning Exchange

Recognition:

• Faculty, Northeastern University Paralegal Professional Program, Probate and Estate Planning (1989-)
• Faculty, Business Enterprise Institute (2000-)
• Faculty, Massachusetts Continuing Education (2007-)
• Winner, Massachusetts Bar Association Going Green Award for innovation in greening the practice of law (2008)
• Speaker, Guardian Publishing Speaker Bureau (for medical professionals and societies, 2008-)
• Susan Winchell Prize in Music  (Bowdoin College, 1980)

Education:

• J.D., Boston College School of Law
• A.B., Bowdoin College, summa cum laude

Community Activities:

• Medway Economic Development Committee (2009-)
• Chairman, Medfield Library Trust Fund (2000-2010, Chair 2005-2010)
• Counsel, Music Serving Elders, Inc., Board of Directors (2008-)
• Soloist, Boston Saengerfest Men’s Chorus (2008-), Board of Directors (2010-)
• Judge, Boston College Law School Client Counseling Competition (2005-)
• Elder, Newton Presbyterian Church (1988-, Clerk of Session 1990-1992)

Interests:

Tim’s interests include classical singing (tenor), music composition, reading, personal fitness, hiking, and church and community service.  Tim hails from New Hampshire’s Great North Woods where he learned to love hiking, camping, and scouting (he is one of five Eagle Scouts in his family).  Tim and his wife, Ruth reside in Medfield, Massachusetts and have been blessed with eight beloved children, including four by adoption.