This comprehensive study delves into the multifaceted dimensions of surrogacy, examining its ethical, legal, and psychological implications. Through a meticulous review of existing literature, this research synthesizes current knowledge on surrogacy practices across diverse cultural and legal landscapes. The ethical discourse encompasses considerations of autonomy, commodification, and the rights and well-being of surrogate mothers, intended parents, and the resulting children. Legal analyses illuminate the varying regulatory frameworks governing surrogacy arrangements worldwide, addressing issues of contractual enforceability, parental rights, and potential conflicts of interest. Furthermore, this study delves into the psychological well-being of all parties involved, exploring the emotional impact of surrogacy on surrogates, intended parents, and the children born from these arrangements. Insights gleaned from this exploration aim to contribute to a more nuanced understanding of surrogacy, informing ongoing ethical debates, legal reforms, and comprehensive support frameworks for all stakeholders in this complex reproductive landscape.