Estate Planning
Posted on November 5, 2009
My husband and I are in the process of updating our wills and creating a trust. As we get older we are starting to accumulate things, such as our house, cars, retirement accounts, etc. We decided that a trust was the best way to protect our children and prevent them having to deal with probate if any thing should happen to us. Also, a trust works in tandem with our Will regarding who will be the guardian of our girls, etc. Planning for the “what if” has been interesting and a little somber, but at least it is done.
While answering the questionnaire for the trust I made sure to include language that would allow my children access to funds for family planning. The document states that the Trustee can distribute money to the beneficiaries for the “well-being of the Beneficiary, including…adoptions and/or infertility treatments.” While it may seem silly to someone who hasn’t experience the expense of fertility treatments I wanted to make sure my daughters have every opportunity to build their own families if by chance they are unable to conceive spontaneously. While I am not sure the specific language was necessary, I feel better to have included it.
Just another way infertility has impacted my life and how I hope to help my daughters if it should happen to them too…
» Filed Under Infertility, Relationships, Resources, adoption
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This is a good idea. I look at my girls and wonder if they will have infertility/recurrent loss issues like I have. I had no idea that I would have problems – my family is exceptionally fertile, and then there is me! I would want for them to be able to utilize whatever resources there may be in order to become parents if that is what they want.