Wendy S. Goffe & Kim Kamin have authored an article, “Estate Planning for Users of Assisted Reproductive Technology,” is available online. The article begins as follows:
Technological advances in assisted reproduction over the past decades have resulted in the modern family confronting important and potentially gut-wrenching planning issues pertaining to the creation of children and the preservation of genetic materials relating to the creation of children.
Generally, assisted reproduction refers to conception by any means other than sexual intercourse. These modes of conception are often referred to collectively as “assisted reproductive technologies” (ART). The two most critical aspects of integrating ART into estate planning involve (1) defining parentage and descendants for legal purposes; and (2) determining who can control the disposition of frozen genetic material.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.