Borchers Trust Law Celebrates 30 Years of Innovation and Care

Three decades in trust management would be enough to celebrate for most firms. In the case of Borchers Trust Law, however, age is just a number. “As a firm that focuses primarily on money and time, we have a rare perspective on how to make the most of both,” said founder, Tim Borchers. “We’re just as committed to that promise of innovation now as we were in 1995–which is why we keep finding ways to help clients use both to their unique advantage.”

A lot can happen in 30 years. Especially if you’re a firm bent on making sure it does.

Since 1995, Borchers Trust Law has trademarked no fewer than seven trusts and processes, giving our clients more options to protect, support, and use their assets as they see fit–and not just how the current framework allows.

“It’s never been our way to accept a given path as the only option,” said Marc Cusano, Attorney at Law. “Our clients deserve better than ‘how it’s always been done,” which is why we continue to create new and better opportunities to serve and sustain their goals. Innovation has become a hallmark of our organization.”

This urge to create is an extension of caring deeply for our clients. Our mission has always been to leave things better than we found them, which sometimes means finding possibilities where others dare not look.

Innovation by design

Three innovation standouts for our firm are our trademarked trusts: The Inheritance Trust™, the Heirloom Ownership Trust™, and the Family Health Trust™.

1. The Family Health Trust removed assets from consideration in a Medicaid application. “Two years after our invention, I listened with satisfaction at a national conference as others gave their variation on our technique,” says Tim. “The impact of the Family Health Trust has been largely ignored, which is entirely the point; assets in the trust legitimately avoid disclosure in the Medicaid application.”
2. The Heirloom Ownership Trust allowed long-term survival of heirloom property, namely vacation homes, so they could be successfully passed from one generation to the next. We later created and marketed the Heirloom Property Toolkit™ to expand the reach and impact of this important tool.
3. Our Inheritance Trust protects inheritances from the “Killer Ds” – Debt, Divorce, Disability, Destructive habits, and Death. When it first debuted, it caused some very capable trust lawyers to scratch their heads––until it saved their clients’ inheritance. The Inheritance Trust is now a staple of our planning and has averted many disasters for clients’ children.

Innovation with compassion

Twelve years ago, we challenged ourselves to a fixed price initiative for estate organization and administration, and we continue to help our clients make the most of their time and money by creating programs that are equally affordable and powerful, proving you don’t have to charge exorbitant fees to be efficient and effective.

We’ve also chiseled a niche in the industry for decanting trusts, a relatively new technique that takes assets in old, irrevocable trusts and places them into new trusts that acknowledge and accomplish current goals that would otherwise go unmet. Few attorneys know how to do this, and even fewer can do it well. We’re proud to say that Borchers Trust Law has spearheaded the practice long before Massachusetts law recognized the procedure and before others recognized it as a viable option for asset management.

Innovation through relentless problem-solving

Innovation doesn’t occur in a vacuum. It’s challenged, inspired, and driven by need. Our clients continue to demand professional, affordable, nuanced trustee services and sophisticated tax and asset protection planning for the masses.

We continue to create new ways of looking at our industry, our pricing structure, and our services, including:

1. Expanding offering a flat pricing structure for more estate plans and estate administrations. 
2. Diversifying our trustee services to meet demand.
3. Combining income tax and estate tax planning in response to lowering demand for estate tax planning alone.
4. Offering affordable asset protection in jurisdictions where asset protection trusts are allowed by statute with local “directed trustees.”
5. Serving and defining more needs with online diagnostic tools.

To lead in estate planning means to take the best of the past and the present with a keen eye on what should be kept, what should be reconsidered, what can and should be changed, and what should be thrown out. There is no baby in our bath water; everything we do is built on our deep experience and passion for the law, the process, and the legacy of every client we have the honor of serving.

Thank you for trusting us with your estate.