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    February 15, 2019
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Legally Speaking Failing to Plan By Scott Berry Berry Law Offices The greatest mistake when it comes to putting the proper docu- ments in place to pass your property and assets, is the failure to plan. Nearly 70% of all adults in the United States do not ha a Will or Trust. Sometimes failing to plan is due to a feeling you are too young, a feeling of immortality or the fear of death. It is alarming to see how many obituaries there are for people in their 30's, 40's and 50's. In other instances people look at the planning process as overwhelming. S in other cases, people unable to decide who should administer their assets after their death. The problem is that without a plan in place, your loved ones are left in the dark. In our experience, even in families that are extremely close, a death can negatively change the relationship between family members. Unspoken conflict between each other begins to boil to the surface. Memories of what "mom and dad wanted each to have"differ between each child resulting in resentment and long asting hostility between family members. Furthermore, failing to plan results in the State of Minnesota and not you determining how your assets and property will be distrib- uted. Minnesota will also determine who will act as the individual responsible to oversee the distribution or your assets More importantly, with planning and clear instructions, quarrels and dissent between children can be minimized and completely ided. Planning can avoid the waste of thousands of dollars from your inheritance by unambiguously stating your intentions to distribute your property and assets. No matter the size of your estate or the amount of your assets, ev eryone can benefit from getting a plan put in place. A good plan will not only address the distribution of your property and assets upon your death, but also will put in place trusted people to act on your behalf while you are alive to make financial and healthcare decisions if you should not be able to yourself We all know that good decisions are ones that are well thought out, so make them at a time when you can reason the results and come up with tailored solutions to your situation! And start now when you reach the age of majority, you have the legal right, and maybe obligation, to make your testamentary or life event deci ions known to those that would be impacted by them. Additional Questions? Call or email Scott, Pete or Allison to schedule a free appointment dsberryaberrylawoffices.com. alondgren@berrylawoffices.com 3 206 South Rum River Drive Downtown Princeton 763-389-0178 BERRY LAW OFFICES Contact Scott Berry Attorney at Law