Asset Planning, Inc Blog

The latest from the team.

Ancestry & Genetic Testing

Many people are interested in their ancestry and genetic testing and the popularity of DNA test kits shows this new trend. The most popular tests are AncestryDNA, National Geographic genetics and 23andme. 23andMe has over 2 million customers that have given consent to have their data used for research. Yes, the data is sold. The premise is that the data is sold for research and the buyers are institutions and nonprofits. You do have to consent to your data being used and 80% of their customers do give consent. So, what are the dangers? For a young person who may be applying for health insurance or life insurance in their future, I would advise that their data not be shared and their sample not be kept for future testing. Despite genetic privacy laws, life insurers can request genetic testing information and thus deny coverage based on your disease risk profile. Law enforcement also has the right to your data.


For people living to age 85, there is a 34% chance of having Alzheimers. Age is also a big risk factor for Parkinson’s disease. If you find you have the APOE gene, your risk of Alzheimer’s is increased. How the research can help is that the right patients could be put in specific clinical trials. Carol and her kids have been tested. I spit in the tube and sent my sample off to 23andMe to be tested for ancestry results just because I am curious even though all my maternal side came from Sweden. I have not given consent for learning my genetic risk for diseases yet. If you have an interest in this topic, email us for our links to the articles and research.

Sandy

Continue reading
  263 Hits
263 Hits

Search Blogs Module

Wait a minute, while we are rendering the calendar
home house sitter IRS deadline Fox News story investment statements tax deadline 2018 IRA contributions VOIP landline phones president Trump 70 1/2. retirement planning client portal retirement accounts health care costs Part B ice cream event Shred paperwork credit freeze consumer spending estate June 29 borrowing money tax season trust FSA Retirement Contribution Limits web address jury duty identity theft flash drive clone counterfeits Orange County official certification emergency kit Medicare Part B premiums earthquake app opt-out clients show support Amazon National Ice Cream month rescue organizations assets Independence Day retirement plans credit score pet April 18 2017. pet industry asset Planning non-prescripstion sunglasses estate planning home break-ins Kraig Mathias https :// credit card fraud Notary Public drive /usb Facebook profile relief efforts spring cleaning Open House padlock 2017 IRA contributions insurance policies notary services interest rates increase 20 year anniversary Mobile Banking Security Tips Open Enrollment Supplemental Security Income documents Medicare Part B ID card parking spots car loans chip-enabled EMV cards Healthcare pets Puerto Rico D premiums privacy notices CERTIFIED FINANCIAL PLANNER exam FEMA website Two-Step Verification Kiplinger Letter Part D premiums . Wells Fargo employees pet supplies credit card company home security Auto insurance home mortgages account numbers retirement disaster areas identity thieves April 15 Victor Dergunov emergency folder https ://seekingalpha birth certificates banking Orange County Superior Court April 11 executive order phishing sites Flexible Spending Account illiegal robocallers driver license vacation vision screening wells Fargo trustee Medicare Wells Fargo customers policy portal insurance policy 2017 TD Ameritrade National LINC Conference information Facebook 401K gap insurance memorial Day weekend IRA accounts clients Social Security Administration prescription eyeglasses Roth IRA summer Medicare question Legal robocalls Treasury Department credit cards July 4 contribution limit DNA test kits Social Security fees debt Brexit vote paperwork clutter 4 pm -8pm Affordable Care Act “ skimmer ”. card reader October 1 2020. privacy settings money 23 andme California Lions Friends bottom line phishing scams fun facts