The makers have also roped in Sean Astin to be a part of the ensemble cast, reported Variety.
Titled "The Lears," the film is a first in-house production for distributor NeoClassics Films and has started production in Malibu and other parts of Los Angeles. Carl Bessai is directing from his own script.
"Carl's script is a smart, modern day derivative of Shakespeare's 'King Lear'. In the classic play, the old King wanted each of his three daughters to prove their love so that he could determine who was most worthy of his kingdom.
The story revolves around world-renowned architect Davenport Lear played by Dern. Nearing retirement, he calls his dysfunctional children and their spouses to a weekend family retreat in one of his signature architectural creations.
However, when they hear that he has decided to marry his personal assistant that Sunday, it sets off a conflict as each of them jockeys for position, borne by self-interest, greed and jealousy.