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Get expert legal Tips from Lexern Law Group to protect your family, assets, and future with trusted estate planning guidance.

Planning for Your Digital Assets and Preserving Your Digital Legacy

By |2022-11-17T16:58:09-06:00November 4th, 2022|Blog, Estate Planning, Tips|

An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles. However, in this age of technology, it is important to remember to include planning for your digital assets. Digital assets consist of everything we own online. Because we spend more time on computers and smartphones than we ever did [...]

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How to Know if You Need an Incentive Trust

By |2022-11-17T17:02:04-06:00October 21st, 2022|Blog, Estate Planning, Tips|

Sometimes it isn't as easy as leaving everything to your kids... do you need an incentive trust? Regardless of your wealth, all of our family dynamics are different. You may have children that you want to leave everything to, but there may be one thing holding you back. Considering the maturity of your trustees [...]

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Succession Planning for Business Owners

By |2022-11-17T17:03:48-06:00October 14th, 2022|Blog, Business Law, Business Structure, Estate Planning, Small Business, Tips|

Opening your own business may have been your dream, but sometimes all that comes along with running the business can be overwhelming. With all your hard work, thinking about exiting your business usually isn't in the forefront of your mind. Succession planning for business owners can seem daunting, but you've worked so hard to [...]

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The Biggest Estate Planning Mistakes We’ve Seen

By |2022-11-17T17:12:04-06:00September 16th, 2022|Blog, Estate Planning, Estate Planning, Tips|

The biggest estate planning mistakes can be devastating to your loved ones. We hear the same things over and over when it comes to estate planning. "I don't need an estate plan, my loved ones will get everything.". "My family can decide what to do with my assets.". "I'm healthy, I don't need an [...]

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Why is Estate Planning Important?

By |2022-11-17T17:13:42-06:00September 9th, 2022|Blog, Estate Planning, Estate Planning, Tips|

With so many misconceptions around estate planning, it's important to ask why is estate planning important? Many think that needing an estate plan is only important if you're extremely wealthy, but that couldn't be further from the truth. There are many aspects to estate planning that apply to literally anyone. Sure, the more complex [...]

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Preparing for the Unexpected

By |2022-07-14T16:05:39-05:00July 15th, 2022|Blog, Estate Planning, Estate Planning, Tips|

If we have learned anything from the pandemic the last two years, it's that we need to prepare for the unexpected. With a virus that can have unexpected complications in even the healthiest of people, preparing for emergencies is more important than ever. We often hear people thinking they aren't old enough or wealthy enough [...]

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Why Couples at Any Age Need an Estate Plan

By |2022-07-07T16:18:04-05:00July 8th, 2022|Blog, Estate Planning, Estate Planning, Tips|

If you are in a committed romantic partnership, whether you are married or not, estate planning for couples is important. A proper estate plan will highlight your wishes for your assets and your own healthcare decisions should something happen to you. Leaving a plan for your spouse or partner is a huge comfort for them [...]

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Navigating Your Estate After Losing Your Spouse

By |2022-06-30T15:53:09-05:00July 1st, 2022|Uncategorized, Blog, Estate Planning, Estate Planning, Tips|

Administering your spouse’s estate plan after losing him or her is the last thing you want to think about. It may seem unnecessary to need to review and administer an estate plan during such a time of grief. But there may be decisions that need to be made sooner rather than later. In many cases [...]

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What To Do When a Loved One Passes Away

By |2022-06-02T15:59:01-05:00June 17th, 2022|Blog, Estate Planning, Estate Planning, Tips|

Losing a loved one is never easy. No matter the circumstances, going through the process of grieving a loved one is one of the hardest things we go through in life. Grieving a loved one just after losing them is arguably the most difficult part. This isn’t the time when you want to be [...]

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Smart Ways to Handle an Inheritance

By |2022-06-02T15:38:20-05:00June 10th, 2022|Blog, Estate Planning, Estate Planning, Tax Law, Tips|

We’ve all heard stories of lottery winners who have gone bankrupt. While an impending inheritance for you may not be on the same level as winning the lottery jackpot, there are still things you should be aware of when it comes to smart ways to handle an inheritance. Your inheritance may include more than [...]

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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 North-Western 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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