Estate Planning for IVF: Protecting Your Frozen Embryos & Bio Materials
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Have you put much thought into estate planning for IVF? Most people don’t! Yet, the intersection of estate planning and biological materials presents unique challenges in modern estate law. With over 8 million IVF babies born worldwide, the need for specialized estate planning has never been more critical. Whether you’re considering IVF or already have stored embryos, understanding how to protect these precious materials in your estate plan is essential.
Estate Planning and IVF: Legal Classifications of Frozen Embryos
State laws vary significantly regarding the status of frozen embryos. Currently, three primary legal frameworks exist:
- Human Life Classification: Embryos are considered human life
- Personal Property Status: Embryos are treated as personal property
- Special Property Classification: Embryos are viewed as property deserving special consideration
Critical Estate Planning Documents for IVF
Durable Power of Attorney Provisions
Your power of attorney should specifically address:
- Storage facility arrangements
- Ongoing storage fee payments
- Medical decision-making authority
- Donation preferences during incapacity
Will and Trust Considerations
Your estate planning documents must include:
- Clear directives for embryo disposition
- Storage facility payment provisions
- Designated decision-makers
- Specific instructions for potential future use
Taking Action to Protect Your Bio Materials
The complexity of IVF estate planning requires specialized legal attention. Your estate plan must align with both your personal values and state laws governing biological materials. Every situation is unique, and beliefs about these matters vary widely among individuals and families.
Next Steps
Whether you’re starting your IVF journey or already have stored embryos, ensure your estate plan reflects your wishes for these precious materials. Contact us at 404-370-0696 to create or update your estate plan with comprehensive protection for your biological materials.
Looking for guidance on protecting your IVF investment? Schedule a consultation today to discuss your specific needs.
Looking to find an experienced estate lawyer in the Georgia area who is skilled in asset protection and estate plan preparation? Shannon Pawley is an attorney in Georgia with expertise in estate planning and asset protection. Shannon can provide assistance with creating an estate plan to include making a will and how to establish a trust properly. If you have questions about asset protection or questions about making an estate plan, reach out to Shannon and she will be glad to help answer all the estate planning questions you might have!