Importance of Obtaining Counsel When Utilizing Assisted Reproductive Technology to Create a Family

Don’t make the mistake some folks from South Florida made if you decide to utilize assisted reproductive technology (ART) to create a family.  Check out the link at the end of this post to a recent story in the Miami Herald about a court decision approving a gay man and a lesbian couple – yes, three parents — as the parents of a child.  State laws regarding surrogacy, egg donation, sperm donation, and embryo donation vary.  You should always retain a lawyer to advise you when utilizing medical technology to conceive or carry a child.  For a very affordable legal fee, these intended parents could have received legal advice and could have protected themselves with a written agreement for sperm donation signed by all parties PRIOR to the sperm donation.  Read the rest of this entry »

GAO Report on the IRS’ Processing of Returns Requesting an Adoption Tax Credit

The IRS’s Taxpayer Advocate Service recently released a report detailing the problems with adoption tax credit processing for tax years 2010 and 2011. Titled The IRS’s Compliance Strategy for the Expanded Adoption Credit Has Significantly and Unnecessarily Harmed Vulnerable Taxpayers, Has Increased Costs for the IRS, and Does Not Bode Well for Future Credit Administration, the report notes,The excessive focus on returns claiming the adoption credit burdened many taxpayers and could have the effect of negating Congress’s intent to encourage adoptions.”

The full report can be found here: http://www.taxpayeradvocate.irs.gov/userfiles/file/Full-Report/Most-Serious-Problems-Adoption-Credit-Delays.pdf

NEW International Update: Latest on the Status of U.S./Russian Adoptions

The most recent information regarding the status of pending Russian adoptions is, in essence, there is a one year extension where families who are somewhere “in process” will be able to complete their adoptions. The U.S. Department of State (DOS) continues to seek further information from Russia regarding implementation of its ban on U.S. citizens’ adoptions of Russian children that took effect January 1, 2013.  Read the rest of this entry »