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Family legal guidance from Lexern Law Group helps individuals and loved ones protect assets, make informed decisions, and plan for the future.

The Best Ways to Leave Your Kids an Inheritance

By |2023-09-14T10:47:33-05:00September 15th, 2023|Blog, Estate Planning, Estate Planning, Tips|

The best ways to leave your kids an inheritance don’t need to be as complicated as you may think. Leaving an inheritance for your children is a thoughtful and caring way to provide for their financial future. Whether you have accumulated substantial wealth or modest assets, planning how to pass them on efficiently is [...]

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Why Estate Planning is More Than Passing on Your Money

By |2023-08-31T10:55:58-05:00September 1st, 2023|Blog, Estate Planning, Estate Planning|

Estate planning is more than just passing on your money. When most people hear the term "estate planning," their thoughts naturally gravitate towards financial assets, wills, and inheritances. While it's undeniable that financial planning is a crucial aspect of estate planning, there's a deeper dimension to consider – one that involves passing on more [...]

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Why You Need a Digital Executor in Your Estate Plan

By |2023-08-24T10:50:30-05:00August 25th, 2023|Blog, Estate Planning, Estate Planning|

A Digital Executor is a relatively new concept when it comes to estate planning. So what is it and why do you need one? In today's increasingly digitized world, our lives are intertwined with the digital realm. From social media accounts and email addresses to online banking and cherished memories stored on the cloud, [...]

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Separate versus Joint Trusts- What’s Best for Your Family?

By |2023-08-15T12:12:37-05:00August 18th, 2023|Blog, Estate Planning, Estate Planning|

Deciding if you need separate versus joint trusts is a conversation that blended families need to have. Blended families, a term used to describe families created when two people with children from previous relationships come together, bring about a host of financial complexities that demand careful consideration. Balancing the financial needs of biological children, [...]

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Protect Your Kids’ Future with Your Estate Plan

By |2023-08-04T08:32:55-05:00August 4th, 2023|Blog, Estate Planning, Estate Planning|

Protect your kids' future by learning what to avoid in your estate planning. While estate planning is mostly about transferring your wealth, your plan should encompass much more than that. Many individuals shy away from exploring family complexities or addressing emotionally charged matters. However, the truth is that failure to plan, confront tough issues, [...]

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Community Property Vs. Common Law

By |2023-07-27T10:20:57-05:00July 28th, 2023|Blog, Estate Planning, Estate Planning|

Divorce is a challenging journey that many of us hope never to face, but life's twists and turns sometimes lead us down that path. Amid the emotional rollercoaster, it's essential to understand the legal implications of dividing assets and property. In the United States, property distribution during divorce can be governed by one of [...]

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Talking to Your Kids About Their Inheritance

By |2023-08-08T09:14:00-05:00July 21st, 2023|Blog, Estate Planning, Estate Planning, Tips|

Talking to your kids about their inheritance may seem like an overwhelming conversation. Easier said than done, right? But, sometimes the hard conversations are the most important ones. You've worked hard to build a life you're proud of, and with that comes thinking about what you will be leaving behind for the next generation. [...]

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Can You Handwrite a Will?

By |2023-06-22T10:57:57-05:00July 7th, 2023|Blog, Business Law, Estate Planning, Estate Planning|

Can you handwrite a will? Technically, yes. But SHOULD you handwrite a will? No. Creating a will is an essential step in planning for the future, ensuring that your assets and wishes are properly distributed after your passing. Fans of HBO's popular show Succession, learned this in a shocking episode in season 4. With [...]

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Don’t Leave Your Kids an Inheritance

By |2023-06-23T08:37:22-05:00June 23rd, 2023|Blog, Estate Planning, Estate Planning|

Don't leave your kids an inheritance outright. The best ways to leave your kids' an inheritance may not be the ways you think. As parents, one of our deepest desires is to provide for our children even after we are gone.  With careful planning and consideration, you can establish a solid foundation for your [...]

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The Importance of Estate Planning for Single Individuals

By |2023-06-15T10:28:38-05:00June 16th, 2023|Blog, Estate Planning, Estate Planning, Tips|

Estate planning for single individuals helps to create a plan for the unique situations that one may face. In an ever-evolving society, the concept of family and personal relationships has undergone significant changes. Today, there is a growing number of individuals who are widowed, unmarried, or live alone without immediate family members to rely [...]

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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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