One of the easiest and most helpful estate planning tools to use is also the easiest to mess up. All too often IRA owners commit costly errors on their beneficiary form that negate their best intentions, leaving loved ones out in the cold.
This was also around the time that the first debate over GMO health risks began to emerge. In 1976, biotechnology became commercialized, allowing companies to experiment with inserting genes from one species into another â whether for medicinal, food, or chemical reasons. 1982.
1980 â First GMO Patent Issued. A 1980 court case between a genetics engineer at General Electric and the U.S. Patent Office is settled by a 5-to-4 Supreme Court ruling, allowing for the first patent on a living organism. The GMO in question is a bacterium with an appetite for crude oil, ready to gobble up spills.