Thinking about gifting DNA testing for fun this holiday season? What if you find new relatives – or if they find you?
How does that impact your estate plan?
How can you take ownership of, and control, your test results?
:30 A story about an entire family doing 23andMe DNA testing
1:35 How does it affect your estate plan if you have a relative out there you were unaware of? How can you take control of your DNA test results?
2:15 Would you want to include new relatives in your estate plan? Is it on your radar if you’re planning on taking one of these tests?
3:00 Legally, are unknown, biological children heirs under state law? Generally, heirs at law are your biological child, not adopted out. Or, someone you have adopted, who isn’t your biological child.
3:45 What if your client doesn’t know they have a child – how can they be legally adopted out? Family attorneys, private investigators are helpful for that question. A good estate plan is more helpful.
4:40 State intestacy laws and other children popping out of the woodwork
5:25 Law enforcement using DNA test results to find criminals through relatives
6:00 What do you do if you find out your dad is not your dad? (Michael Jackson as an example) A child born of a marriage is considered to be a child of both parents, and an heir at law, even if not biological.
7:10 DNA testing and multi-generational asset protection trusts – “I’m an heir at law!”
8:08 Who get the information about your DNA when you die? DNA tests as a digital asset
9:55 Concluding thoughts – if you’re planning on gifting DNA testing for the holidays, you may want to revise your estate plan…just in case.