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Affordable Adoption Options

When you discover that you and your spouse are unlikely candidates for having children (from a medical standpoint), you are left feeling a deep loss for the child(ren) you never had. Fortunately, there are children who would love for you to become the parent they never had. Don’t allow your physical limitations stop you from becoming a parent, and please don’t let adoption fees stop you from starting a family.

Do You Believe You Can’t Afford To Adopt?

Adoption fees can add up to as much as $40,000, but did you know that they can also be as little as $0 (for some public agency adoptions). The cost of an adoption will fluctuate based on a variety of factors such as:

  • the mother’s prenatal care expenses
  • delivery and other medical expenses for the mother and the baby
  • sometimes living expenses for the mother during her pregnancy
  • legal fees
  • agency fees 

Although you and your partner are confident that adoption is the answer to your child-less family, a look at adoption costs can take the wind out of your sails quickly. If you are serious about bringing a child into your home, then here are some tips for making the adoption process more affordable.

1) Explore Different Adoption Agencies

When you adopt through a private agency, you can expect to pay more than you would through a public agency. That doesn’t mean that an expensive agency is the only way to get a newborn baby without waiting years on a waitlist. Domestic adoptions don’t have to drag out for years (which seemed to make international adoptions more popular). Some parents have been able to hold their new baby within months of beginning a domestic adoption. 

2) Consider An Older Child

Many older children are overlooked in the adoption process, but they may be ready to be placed right away. Adopting older children means you can eliminate extra costs associated with newborn (like paying for the delivery). You can also miss out on sleepless nights and constant diaper changing. The first memory you share with your child could be of playing soccer, having a tea party, or sharing silly stories. There is absolutely nothing wrong with preferring a newborn, but at least consider that a child of any age would find happiness in your home.

3) Foster-To-Adopt

Your least expensive choice is fostering to adopt. You may assume that fostering is always about the temporary placement of a child. This isn’t actually true. Children need foster care when their parents or caregivers are working out their legal disputes. If the judge takes away custody of a child in foster care, then the child will be available for adoption.

When you are fostering the child, you may be compensated by the state government to help feed, clothe, and house the child. After you adopt a fostered child, you may continue to receive financial aid, though it will typically be less than it was during fostering. You won’t get rich fostering and adopting children this way, but the financial aid will carry over until the child goes to college. Foster children and children adopted through the state may be eligible for a free college education through a state school, too.

4) Look To Your Lifelines For Support

Some employers, church groups, and other benefactors are happy to help contribute towards adoption expenses. Ask your employer if they offer financial assistance for adoption. Talk to your church about programs they offer unwed mothers seeking adoption for their unborn child. Start a website asking for donations to help you raise the money needed to cover your adoption expenses.

The government offers a tax credit to adoptive parents. Adoptions finalized in 2014 may qualify for a tax credit of up to $13,190 per child. Talk to an accountant about other tax benefits they are aware of.

Don’t give up on your dreams of having a family. Opening your heart to the possibility of adoption should not have anything to do with how much money you have. Don’t assume that spending more money will get you a baby faster, and consider adopting a child that isn’t a newborn. Look into government assistance programs and tax breaks that can make an adoptive family a financial reality. Click here for more info on the adoption process.

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