The Digital Age and Estate Planning

By |2021-04-09T14:26:58+00:00April 9th, 2021|Blog, Estate Planning, Estate Planning, Tips|

We have to face the fact that our lives are becoming more digitized. With technology taking over, it's important to consider your digital assets in your estate plan and how we have been traditionally planning for our futures may need to change. Our digital assets are becoming more valuable than some of our physical [...]

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Does Your Estate Plan Protect Your Intellectual Property?

By |2021-04-02T14:52:40+00:00April 2nd, 2021|Blog, Estate Planning, Tips|

If you own a business, you almost certainly have intellectual property and maybe you don't know about protecting your intellectual property. However, because your intellectual property is intangible, it can be invisible to you and those who aren’t familiar with the nature of intellectual property and its value, so it often gets overlooked, especially [...]

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What Does Beneficiaries of Estate Mean?

By |2021-03-26T14:20:08+00:00March 26th, 2021|Estate Planning, Tips|

The Term “Beneficiaries” Beneficiary is the legal term for the person or people who will inherit your assets. You may also think of “heir” or “inheritance”, these are all related to beneficiaries. Beneficiaries of an estate may receive your assets including money, investments, property, personal belongings, etc. The beneficiaries of someone’s estate will be [...]

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What Is a Living WIll?

By |2021-03-19T14:50:21+00:00March 19th, 2021|Estate Planning, Tips|

There’s a major misconception that a will (last will and testament) is all you need at the end of your life, but do you know what a Living Will is? We have previously discussed Wills vs. Trusts and which you may need, but there are differences between a last will and testament and a [...]

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Business Succession Planning for Women Business Owners

By |2021-03-12T16:33:25+00:00March 12th, 2021|Blog, Estate Planning, Estate Planning, Tips|

In celebration of International Women’s Day this week, we wanted to highlight women business owners and the best ways to protect their businesses. A business succession plan is an important part of running a business in the case of an emergency, and for women business owners there are many reasons it's even more necessary [...]

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What is Estate Planning?

By |2021-03-05T15:15:28+00:00March 5th, 2021|Blog, Estate Planning, Tips|

We are taking it back to the basics and answering the question- “What is estate planning?”.  Estate planning is making a plan for who will receive your assets upon your death. Your assets include your property, money, investment accounts, personal items, life insurance, anything that you can claim as yours. The reason you want [...]

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Everyone Needs to Watch Netflix Hit Movie – “I Care a Lot”!

By |2021-02-26T17:18:47+00:00February 26th, 2021|Blog, Estate Planning, Estate Planning, Tips|

Too Busy to Think About Your Estate Planning? Think again. Not Having an Estate Plan Creates a Greater Chance of Becoming a Victim of a Guardianship Scam.  Trending now on Netflix is a new film “I Care a Lot,” starring Rosamund Pike as Marla Grayson, a character who uses probate court, corrupt doctors, unscrupulous [...]

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Protect Your Assets From Long Term Care Costs

By |2021-02-01T16:07:02+00:00January 29th, 2021|Estate Planning, Estate Planning, Tips|

We protect your assets and keep them in the hands of your loved ones, but many don't realize that nursing home and long term care costs may be staking a claim in assets you think will be given to your family. It’s almost inevitable that most of our population will, at some point, need [...]

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What is Probate and Why Should It Be Avoided?

By |2021-01-28T21:10:08+00:00January 14th, 2021|Estate Planning, Tips|

Overview Out of all the areas of law, probate probably ranks near the top of those that ordinary people would likely to experience during their lifetimes. Though the probate process is commonly encountered by families that have not taken their time to invest in the trust-based estate planning, it is often misunderstood, leading to [...]

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Is It Time To Update Your Estate Plan?

By |2021-01-08T20:21:12+00:00January 8th, 2021|Estate Planning, Tips|

Is it Time to Update Your Estate Plan? We recommend updating your estate plan every three years and reviewing what you have in place once a year. This is easier said than done as it isn’t something that’s always on the top of your mind. At Lexern Law Group, we help our clients with [...]

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