Home DNA Tests - A Bump in Your Estate Plan
Discovering your ancestry can be both fun and fascinating. And in some cases, controversial-just ask Elizabeth Warren. There is no doubt at-home DNA tests have grown in popularity in recent years. Often given as a unique gift for loved ones, the kits reveal details about our individual and collective pasts. In fact, I just found out my Mom recently did a DNA test to help my Dad locate one of his siblings. Unfortunately, these tests are not all fun and games as Senator Warren discovered. They become even more troubling when when a test reveals an unexpected relative or biological child. Such a discovery makes creating or updating your estate plan an urgent need.
If you do not have a will, a newly discovered biological child could be entitled to inherit your assets just like your other children. This could spell serious trouble for your known-family after your passing. Without proper planning, a person with whom you have no relationship could end up with the same inheritance as your other children.
Even with a will, a newly discovered biological child may be able to claim a share of your assets under the pretermitted heir rules of your state. A pretermitted heir is someone who has not been mentioned or specifically left anything in a will. Regardless of being left out, such “heir” may still be able to demand their legal share under the state laws of distribution and descent.
Genealogy is not the straight-forward hobby it once was. If you decide to take a DNA test, it is important to be aware of the risks. We may be used to our medical information staying private, but commercial DNA testing companies are not subject to the same privacy laws that hospitals must obey. As soon as you send your DNA off for testing, it becomes part of a database regulated by the company behind the kit. These companies can volunteer their database for all kinds of unexpected uses. Police, pharmaceutical companies, and app developers are all hungry for this kind of data.
While it is never a good idea to let fear guide your decision-making process, it is a good idea to know exactly what you are getting into when taking these DNA tests. Even if you are certain you do not have an unknown child to worry about, these tests can bring about all kinds of unexpected legal consequences. With the proper planning, though, you can rest easy knowing your assets are protected.