A couple of major corporations have recently announced that they will pay to have the eggs of female employees frozen for later use. You might not believe it, but this could have an effect on your estate plan.
Apple and Facebook recently decided to offer a new benefit to female employees. The companies will pay to have the eggs of their female employees frozen.
The intent of the companies was undoubtedly to retain female employees who might otherwise have left to start families before it was too late. However, as Forbes points out in an article titled “How Freezing Eggs Can Affect Your Estate Plan,“ this could have an impact on estate planning if other companies begin to follow suit.
The original article suggests that your daughter could have her eggs frozen, pass away in an accident and leave the eggs to her husband. If the husband later decides to use a surrogate with those eggs, then the child could be considered your descendent. That means you need to decide whether or not you want to leave a portion of your estate to such a child.
It is obviously not a simple question to answer.
This is just one more way that modern technology is impacting estate planning. In this day and age, you need to make sure that your estate plan is up to date with the latest practices and technology so there are not unwanted surprises for your family later on.
Reference: Forbes (December 10, 2014) “How Freezing Eggs Can Affect Your Estate Plan“
I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.
The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!
Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.
Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!
I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!