Article Archive

Asset Protection for Physicians and other Medical Professionals - Professional liability claims can exceed liability coverage or cannot be covered by liability insurance at all in some cases.  Therefore, it is sensible to prepare an estate and a financial plan that anticipates the possible need to shelter assets. Read Complete Article

The Vacation Home – Will it be a Blessing or a Curse for the Next Generation?
The vacation home... It evokes a picture of family and friends enjoying time together at the cottage or cabin, lodge or ranch, villa or manor, somewhere away from it all - lakeside, seaside, in the country or on the slopes - a scene repeated year after year, a place and a memory that are truly a treasure for generations to enjoy.  Read Complete Article

The Asset Protection features of Tim Borchers’ Inheritance Trust™ can benefit all heirs – whether or not they are spendthrifts. This article is written in the form of Frequently Asked Questions about the Inheritance Trust™.  Read Complete Article

How Naming a Family Financial Assistant Makes Handling your Affairs Easier for Everyone Involved
My observation after many years planning estates is that the last ten years of clients’ lives are often a financial “lost weekend” when nothing is accomplished, nothing is tended to, and much harm is done to the client’s financial well being and the value of the ultimate estate. Read Complete Article

Estate Planning for the Vacation Home or Heirloom Property
The vacation home... may be a Hyannis port estate or it may be Shrek’s “Swamp,” but when everyone from Grandpa down to the youngest grand kid thinks, “This place is special… I hope we enjoy this spot forever,” it’s not just a vacation home, it’s an heirloom property. Read Complete Article

A Review of Steven Merkel’s Article, Establishing a Revocable Living Trust:
Steven Merkel does a fair job at presenting the positive aspects of the Revocable Living Trust, but inappropriately ends his article published on Investopedia.com on a sour note. Merkel improperly minimizes the dramatic improvement in estate planning that results for the vast majority of Americans who adopt revocable trusts in their estate plan when he says that “some” will benefit.  Read Complete Article

Guidance for Guardianship:
“If I am not here, take good care of the children.” - That is what we say when we appoint a guardian for our kids. By definition, the guardian is needed while the children are legally minors, and the guardian must be an adult. The guardian takes care of the child as a young person – making the health, educational and disciplinary decisions. A prerequisite is that we fundamentally trust the person we nominate as guardian. Guardians need not be fountains of child-rearing wisdom, just decent people..  Read Complete Article

Asset Protection for Physicians and other Medical Professionals:
Professional liability claims can exceed liability coverage or cannot be covered by liability insurance at all in some cases. Therefore, it is sensible to prepare an estate and a financial plan that anticipates the possible need to shelter assets from catastrophic loss, to promote prompt settlement of claims and to still allow for reasonable access and flexibility in the use and management of assets that are protected.  Read Complete Article

Living Well with Your Trust:
Why, in these uncertain economic, tax, and social times … YOUR TRUST IS THE BEST PLACE FOR YOUR WEALTH.  Read Complete Article

2010 Estate Protection & Planning Client Dinner Event:
Living Well with your Trust - Estate Protection & Planning Client Dine & Learn Event. View slideshow here [HERE]

Ten Timeless Tips for an Effective Estate Plan
Estate planning and property lawyer, Tim Borchers, provides time-tested essentials.  Read Complete Article

Questions to ask when hiring or interviewing a Lawyer
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