What Adoption Costs – and Strategies to Pay for It

News

0

Overview of adoption, costs, and finance strategies by US News and World Report's Money sectionThe Money section of US News and World Report published an article recently covering the different types of adoption and typical costs associated with each type. Also included in the article were practical ideas for how to finance an adoption.

Some of the suggestions of note for affording adoption include the following:

  • Employer benefits
  • Adoption tax credit
  • Adoption grants
  • Crowdfunding
  • Adoption or home equity loans

Wisely, the author advises caution when settling on a strategy for affording adoption:

Consider the strategy you’ll use to pay for adoption in conjunction with your other financial goals, and ensure that you’re leaving enough money set aside to actually raise the child, experts say.

Oh, and look for a few quotes from our very own Dawn Davenport!

02/10/2019 | by News | Categories: Adoption, Adoption News | 0 Comments



Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top ↑

Content created by Creating a Family. And remember, there are no guarantees in adoption or infertility treatment. The information provided or referenced on this website should be used only as part of an overall plan to help educate you about the joys and challenges of adopting a child or dealing with infertility. Although the following seems obvious, our attorney insists that we tell you specifically that the information provided on this site may not be appropriate or applicable to you, and despite our best efforts, it may contain errors or important omissions. You should rely only upon the professionals you employ to assist you directly with your individual circumstances. CREATING A FAMILY DOES NOT WARRANT THE INFORMATION OR MATERIALS contained or referenced on this website. CREATING A FAMILY EXPRESSLY DISCLAIMS LIABILITY FOR ERRORS or omissions in this information and materials and PROVIDES NO WARRANTY OF ANY KIND, implied, express or statutory. IN NO EVENT WILL CREATING A FAMILY BE LIABLE FOR ANY DAMAGES, including without limitation direct or indirect, special, incidental, or consequential damages, losses or expenses arising out of or in connection with the use of the information or materials, EVEN IF CREATING A FAMILY OR ITS AGENTS ARE NEGLIGENT AND/OR ARE ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.