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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.

Preparing for the Federal Estate Tax Changes

By |2024-10-25T10:50:10-05:00October 25th, 2024|Blog, Estate Planning|

As the seasons shift and we head towards the end of the year, many of us reflect on change. Yet, for high-net-worth individuals and families, there’s an upcoming “sunset” that may impact their financial future—one that’s not found on the horizon but rather in Washington, D.C. The current federal estate tax changes to exemptions [...]

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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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Estate Planning for Second Marriage

By |2024-09-27T10:54:07-05:00September 27th, 2024|Blog, Estate Planning|

Estate planning for second marriage doesn't need to be complicated! Entering a second marriage can be an exciting new chapter in life, but it also brings unique financial and legal challenges—especially when it comes to estate planning. Whether you have children from a previous relationship, substantial assets, or want to protect both your new [...]

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What is a Trust Protector and Why You Might Need One

By |2024-09-20T10:53:09-05:00September 20th, 2024|Blog, Estate Planning|

When creating a trust, it’s important to think about how to ensure it functions properly, not just today, but well into the future. One option for adding flexibility and oversight is to appoint a Trust Protector. But what exactly is a Trust Protector, and how can they benefit your estate plan? Let’s explore this [...]

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Estate Law Lawyers: 4 Proven Ways to Settle an Estate Fast

By |2026-06-10T09:48:08-05:00September 13th, 2024|Blog, Estate Planning|

When a loved one passes away, settling their estate is often a necessary yet overwhelming task. While it's natural to want a quick resolution during such an emotional time, the process of settling an estate can take longer than expected. Consulting with experienced estate law lawyers early in the process can make a significant [...]

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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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It’s Time for Your Estate Plan Tune-Up!

By |2024-08-15T09:55:45-05:00August 16th, 2024|Blog, Estate Planning, Tips|

It's time for your estate plan tune-up! Have you ever looked at your favorite musical instrument and realized it's time for a tune-up? It's been a while since you've played it, and it just doesn't sound quite right. Your estate plan is no different. Just like your instrument, it requires periodic attention to ensure [...]

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Protecting Your Child: Legal & Financial Steps for Adulthood

By |2024-08-09T11:53:48-05:00August 9th, 2024|Blog, Estate Planning, Tips|

Protecting your child will always be your number one job, even as they reach adulthood. Watching your child grow into an independent adult is a bittersweet milestone. While it's exciting to see them spread their wings, it can also be challenging to adjust to the new dynamics of your relationship. One of the most [...]

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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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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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