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Protect your family and assets with Lexern’s estate planning services, including wills, trusts, powers of attorney, and personalized legal guidance.

High-Net-Worth Families- Secure Your Legacy This Thanksgiving

By |2024-11-21T11:00:04-06:00November 22nd, 2024|Blog, Estate Planning, Estate Planning|

High-net-worth families have so much to be grateful for. Thanksgiving is a time for gratitude, family, and reflection. As you gather with loved ones to give thanks for your blessings, it's also an opportune moment to consider the legacy you wish to leave behind. For high-net-worth families, effective estate planning is essential to ensuring [...]

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‘Tis the Season to Plan: Holiday Insights for Business Owners

By |2024-11-14T11:26:56-06:00November 15th, 2024|Blog, Estate Planning, Estate Planning, Small Business|

The holiday season is a time for joy, reflection, and gratitude. However, it's also a great opportunity to take stock of your business and personal affairs. As a business owner, you're likely busy with year-end tasks, holiday parties, and family gatherings. But don't forget to carve out some time to address your business and [...]

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Why Estate Planning Matters for High-Net-Worth Individuals

By |2024-11-08T09:26:46-06:00November 8th, 2024|Blog, Estate Planning, Estate Planning|

You've dedicated countless hours and immense effort to building a life of prosperity and success. It's a testament to your hard work, intelligence, and unwavering determination. But as your wealth grows, so does the complexity of ensuring your legacy lives on. Perhaps you've envisioned your children pursuing their passions without financial worry, or maybe [...]

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Are Your Children Prepared for Their Inheritance?

By |2024-10-17T11:08:51-05:00October 18th, 2024|Blog, Estate Planning, Estate Planning|

As a high-earning individual or licensed professional, you've likely worked hard to build and protect your wealth. But have you considered whether your children are ready to responsibly manage the inheritance you plan to leave behind? Preparing children for inheritance goes beyond accumulating assets—it involves ensuring they’re equipped to handle the responsibilities that come [...]

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Avoiding Probate with Proper Estate Planning

By |2024-10-10T10:42:41-05:00October 11th, 2024|Blog, Estate Planning, Estate Planning|

When it comes to estate planning, one of the most important things you can do for yourself and your loved ones is to avoid probate. Probate is the legal process where the state steps in to distribute your assets after you pass away. While this process is necessary in some cases, many people would [...]

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Navigating the Death of a Parent with Estate Planning

By |2024-09-06T09:58:53-05:00September 6th, 2024|Blog, Estate Planning, Estate Planning|

Navigating the death of a parent brings profound emotional challenges, and managing their estate can add an additional layer of complexity. Estate planning plays a critical role in making this difficult time more manageable. Whether your parent left behind a clear estate plan or you are navigating the probate process, understanding the steps involved [...]

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What Can I Put in a Will?

By |2024-08-01T10:59:41-05:00August 2nd, 2024|Blog, Estate Planning, Estate Planning|

Estate planning is a crucial step in ensuring that your assets are distributed according to your wishes after your passing. One of the most essential documents in this process is your will. Understanding what you can include in your will is vital to making sure your loved ones are cared for and your assets [...]

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Digital Estate Planning: Protect Your Loved Ones

By |2024-07-26T09:29:38-05:00July 26th, 2024|Blog, Estate Planning, Estate Planning|

Digital Estate Planning: Protect Your Loved Ones In today's digital age, our online lives have become an integral part of our personal and financial well-being. Unfortunately, many people overlook the importance of planning for their digital assets in their estate plans. This oversight can lead to significant challenges for executors and heirs, including increased [...]

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Family Limited Partnerships: A Powerful Tool for Estate Planning

By |2024-07-18T10:31:22-05:00July 19th, 2024|Blog, Estate Planning, Estate Planning|

Understanding Family Limited Partnerships (FLPs) Are you concerned about how your wealth will be distributed and protected for future generations? A Family Limited Partnership (FLP) might be a strategic tool for your estate plan. An FLP is a legal entity that allows families to pool assets together while providing tax and financial benefits. It's [...]

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How Should You Split Your Assets?

By |2024-06-27T10:19:56-05:00June 28th, 2024|Blog, Estate Planning, Estate Planning|

One of the most common questions we hear is: "How should I split my assets?" The answer may not be as easy as you'd think. Even if you have children and the natural inclination is to leave everything to them, sometimes it isn't that simple. From different stages in life, to the psychology of [...]

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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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