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Stay informed with Lexern’s blog covering estate planning, trusts, wills, probate, asset protection, and family legacy planning.

Living Will and Trust: Why Incapacity Planning Is Critically Important

By |2026-06-03T12:43:25-05:00January 30th, 2026|Blog, Estate Planning, Estate Planning|

Most people think of estate planning as something that only matters after they're gone. But for many families — especially for professionals, business owners, and parents — having a living will and trust in place is just as important as death planning. Incapacity can happen at any stage of life due to illness, injury, [...]

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Estate Planning Lawyer: Critical Guide for High-Earning Professionals

By |2026-06-02T11:53:36-05:00January 23rd, 2026|Blog, Estate Planning, Estate Planning|

For high-earning professionals, working with an experienced estate planning lawyer is one of the most critical steps you can take — yet many assume they're "too young," "too busy," or "well covered" when it comes to planning. In reality, higher income brings higher complexity, and more risk if planning is delayed. If you're a [...]

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Estate Planning for Russian-Speaking Entrepreneurs in the U.S.

By |2026-06-03T12:47:13-05:00December 12th, 2025|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business|

If you’re a Russian-speaking entrepreneur building your business in the U.S., you already know you’re balancing more than most—new laws, new systems, new risks. Estate planning isn’t just paperwork; it’s protection for everything you’ve worked so hard to create. Если вы русскоязычный предприниматель в США, вы уже знаете, что вам приходится разбираться в новых [...]

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LLC vs. S-Corp for Small Business Owners: Which Protects Your Family Better?

By |2026-06-03T12:56:46-05:00December 5th, 2025|Blog, Business Law, Business Structure, Small Business|

LLC vs. S-Corp for Small Business Owners - Choosing between an LLC and an S-Corporation isn’t just a tax decision — it’s a family protection decision. The business structure you choose affects liability, control, taxes, succession planning, and even whether your business ends up tangled in probate. If you’re a local small or mid-size [...]

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Top 10 Estate Planning Mistakes Doctors Make

By |2026-06-03T12:59:46-05:00November 20th, 2025|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business|

Physicians spend years building a thriving practice—but many overlook the estate planning steps that protect their business, income, and family if something unexpected happens. The result? Court delays, tax headaches, operational chaos, and personal exposure. Here are the top 10 estate planning mistakes doctors commonly make—and how to avoid them. 1. Not Having a [...]

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Should Executives in Wisconsin Put Employer Stock Into a Trust?

By |2025-11-20T10:12:04-06:00November 20th, 2025|Blog, Business Law, Business Structure, Compensation, Employment Law, Estate Planning, Estate Planning, Small Business, Tips|

Corporate executives in Wisconsin often receive a large portion of their compensation through restricted stock units (RSUs), stock grants, or employer equity awards. As your shares vest, they can quickly become a significant part of your net worth—and with that comes complex questions about taxes, transfer planning, and probate exposure. One of the most [...]

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What Business Owners in Illinois Must Fix in Their Estate Plan Before They Sell

By |2025-11-14T11:14:36-06:00November 14th, 2025|Blog, Business Law, Business Structure, Estate Planning, Estate Planning, Small Business|

If you’re a business owner in Illinois preparing for a sale, here’s a question most people don’t think to ask: “Is my estate plan ready for this transaction?” And the honest answer is usually: not yet. Selling a company — especially a family-owned business — isn’t just a financial transaction. It’s a major estate [...]

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Estate Planning for Dentists Selling Their Practice in Illinois

By |2025-11-07T08:56:32-06:00November 7th, 2025|Blog, Business Law, Estate Planning, Estate Planning, Small Business|

Estate planning for dentists doesn't need to be complicated. What happens to your dental practice—and your wealth—when you decide to sell or retire? For Illinois dentists, selling a dental practice isn’t just a business decision—it’s a key moment in your estate and tax planning. The sale can impact your retirement, your family’s future, and [...]

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The Digital Ghosts You Leave Behind

By |2025-09-29T11:48:42-05:00October 31st, 2025|Blog, Estate Planning, Estate Planning|

It’s Halloween—a season of ghosts, goblins, and spooky surprises. But one of the scariest things you can leave behind for your family isn’t a haunted house. It’s your digital ghosts—unprotected online accounts, lost passwords, and forgotten assets that come back to haunt your loved ones. What Are Digital Ghosts? A Facebook account that can’t [...]

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Avoiding Digital Nightmares: Legal Tools for Digital Estate Planning

By |2025-10-24T09:21:24-05:00October 24th, 2025|Blog, Estate Planning, Estate Planning|

Imagine this: your family tries to log into your email or PayPal account after you pass away, but they’re blocked. Without proper planning, your digital assets could be locked forever, no matter how valuable they are. That’s why legal tools matter. The Problem with “Just Sharing Passwords” Handing over a password list may sound [...]

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The Lexern Law Group, Ltd. is an Illinois and Wisconsin business and estate planning law firm, located in Libertyville, Lake County, Illinois. We primarily serve clients that are located in Northeastern Illinois and Southeastern Wisconsin, including Libertyville, Lake Forest, Vernon Hills, Buffalo Grove, Glenview, Wheeling, Palatine, Northbrook, Lincolnshire, Grayslake, Arlington Heights, Kildeer, Schaumburg, Gurnee, Deerfield, Deer Park, and Barrington areas. In Wisconsin, we serve clients in Milwaukee, Racine, Kenosha, and Mequon counties. We represent business owners and licensed professionals, such as doctors, dentists, veterinarians, and their families in business, business succession, and estate planning matters.

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