Tim Borchers, Esq., EPLS, AEP®
Tim Borchers founded Borchers Trust Law in 1995. He offers expertise in next-generation “Inheritance Trusts,” total probate avoidance techniques, asset protection for elders and for professionals and others concerned about potential liabilities, and retirement trust, charitable, giving and tax planning.
He is a planner by nature, and one who enjoys thinking ahead with an individual and family concerning the care of loved ones, protection and preservation of assets and legacy, charitable giving and settling the estate with the least time, hassle and expense.
Tim earned his law degree from Boston College School of Law in 1984; his Bachelor of Arts degree from Bowdoin College was earned with summa cum laude distinction in 1980 with majors in music and economics.
He is licensed to practice law in Massachusetts and New Hampshire and is a member of the Massachusetts Bar Association, WealthCounsel™, the Norfolk and Plymouth Estate Planning Council, and is a board member and officer of the Massachusetts Forum of Estate Planning Attorneys, Inc. (2008-, Pres. 2012, 2017). He participates in the activities of other bar and trade organizations such as Boston Estate Planning Council, the Real Estate Bar Association of Massachusetts, and The Exit Planning Exchange. He was recognized by the Massachusetts Bar Association as one of three recipients of its Going Green Award for innovation in greening the practice of law.
He has developed numerous trademarked programs and resources that make the estate planning and probate processes more accessible, organized, and easily maintained.
Tim and his wife, Ruth reside in Medfield, Massachusetts and have been blessed with eight beloved children, including four by adoption.
“Tim is not only extremely patient in explaining somewhat confusing legal concepts — even multiple times — and in answering questions on our part, but he also displays both sensitivity and compassion in his counseling. We have found that dealing with these issues involves emotions and issues of family dynamics, and Tim accounts for these when providing legal advice and recommendations.”
— Andy —
“I’ve had the distinct pleasure of working with Tim over many years now. He has guided my husband and me through a myriad of issues from buying investment property to starting my business. Just recently Tim counseled us on creating a Family Trust Plan for our children. His knowledge has been invaluable to us.
I have also worked with Tim professionally as we share a common interest in the financial world. He has a dogged determination to provide the best possible experience for those who engage with him.He is a skilled professional indeed.”
— Ruth —
“For over three years, my husband and I kept putting off our estate planning. Once we met with Atty Borchers, we had a clear understanding of how to protect our assets, and visual aids and instructions that were easy for us to understand. After a few meetings to discuss our options and decide on a plan, all of the paperwork was expeditiously prepared and it was done! Atty Borchers is knowledgeable, compassionate, and efficient. His staff is wonderful also. We are so happy he helped us and removed a heavy burden in our lives.”
— Al & Ellen —
“Attorney Tim Borchers provided excellent estate planning for my husband and me. He explained everything in detail and put a plan together for us that will benefit us in all circumstances. I would highly recommend Tim for any estate planning needs and real estate law.”
— Darby —
Planning For A Child With Disabilities
Is Now A Good Time For An Estate Plan
Articles by TimVIEW ALL
We are pleased when we can help a young family develop an estate plan that fits their needs and honors their wishes. Many couples have good intentions to plan for the unexpected…then the busyness of family life interferes. Parents are stretched thin and planning is put off to another day. But the vigilant press on, […]
A Professional Administrative Trustee can smooth out the wrinkles before passing the torch to the family or trust company. I present the option to clients that they appoint an independent person to be the administrative trustee. Most clients are now adopting this approach. Here’s why: There is a period of time and, in our case, […]
In December, I published this blog post outlining specific steps that could be taken before the end of 2017 in light of proposed tax changes. Since then, the proposed tax code has become law and there are further updates for the 2018 tax law. The 2017 Tax Cuts and Jobs Act, which became law January 1st, […]
Removing and replacing a trustee might seem like no big deal, but it can be serious because of the wide-ranging effects on the trust. Sometimes, for example, the person removing and replacing trustees should be independent of the grantor, i.e. not the grantor herself, her spouse or a person who is related or subordinate to […]
There are many factors that bear on the choice of trustee. The purpose of the trust; its duration; the ages, health, and circumstances of the beneficiaries; and the types of assets to be administered all have bearing on the choice. You could name Uncle Joe as trustee, but business and real estate assets may be […]
Many family trusts can be handled with family members in the role of a trustee, but alternatives to “Uncle Joe” serving as a trustee should often be explored, including using professional or institutional trustees. This article explores the role of the trustee, the merits of various arrangements and combinations of trustees, and their removal and […]
Update: Now that the 2017 Tax Cuts and Jobs Act has become law, we’ve expanded upon the of Estate and Gift Tax laws for 2018 here. Congress is poised to enact a major tax law overhaul that could make fundamental changes to the way you calculate your federal income tax bill and the amount of federal […]
Our Review and Refinement support program is established to keep the lines of communication open between us and our clients throughout the year. Whether there is an unexpected turn of events prompting legal advice, or the peace of mind that comes from a yearly review and refinement of your estate plan, we can tailor support […]
You know your kids love you. You know they love the vacation house they’ve enjoyed every summer since childhood. And you’re sure they’ll love the idea of inheriting that home when you pass away. But what if you’re wrong? What if they can’t afford the taxes and maintenance? What if their spouse(s) already have access […]
Estate plans are not intended to be a one-and-done project. They are living documents that should reflect your current situation, needs, and goals. That can only be achieved via regular reviews, and Borchers Law makes it easy to accomplish that via several customized estate plan services: Update Checklists Review and Refinement ILIT Service The benefit […]
It’s easy to stay organized. Your family will appreciate it. Since 2005 the Borchers Law Asset Trust Organizer™ (ATO) has helped clients identify and develop the most advantageous method of funding their estate planning and trust needs. The ATO offers a wide range of advantages, including: Complete funding instructions The ATO lists all assets, states […]
probate | noun | PRO-bate. Settling the estate of a loved one. Usually drawn out, expensive, unpredictable, and frustrating. No more. Our TrustCASE™ system provides for quick family-lawyer collaboration, predictable legal services, and a single, flat fee. Why TrustCASE? To be honest, as lawyers we’d rather be loved than to be seen as part of […]
“If something bad happened to me, or I suddenly passed away, who would take care of my children?” It’s not a pleasant thought, but if you’re a parent, it’s highly likely that you’ve asked yourself this question numerous times. Appointing a legal guardian for your kids is a weighty decision -- but it’s a decision that must be made, nonetheless.
While it’s nearly impossible to plan for every one of life's contingencies, it is possible to create an effective and comprehensive estate plan. While good estate planning anticipates your death and disability, great estate planning reflects your chosen legacy.
Suppose your daughter inherits from you through an Inheritance Trust, and she wishes to pay off her mortgage with the trust funds. As her own trustee, she’d have the authority to do that without even having to weigh the idea against the the terms of the trust.
How to Make Sure Your Children Don’t Lose Their Inheritance: Why the Inheritance Trust™ Is a Win-Win for Everyone
With increasing rates of life expectancy, multiple marriages and the ability to survive disabilities and injuries, the need to protect what we hand down to our heirs also increases. The best way to address these challenges is by implementing an estate plan that includes a lifelong trust for each child.