Adoptive Families Blog

Adoption Financing and You: How to Afford Adoption

Posted by Lifetime Adoption on October 2, 2019

Adopting a baby can be an expensive goal for many couples, but it doesn't have to be. Depending on the resources and methods hopeful adoptive parents use, it can be reasonably affordable. 

How much adoption costs varies based on several factors. And while these costs are well worth it, the fact is that the cost of adoption is a genuine concern for most couples. 

The good news is that there is financial help with the cost of adoption for almost all families!

Keep reading to learn more about the cost of various types of adoption, and expenses to keep in mind. We'll also share strategies for how you can afford to adopt!

Read More

Topics: Adoption Grants, Financial Assistance for Adoption, cost of adopting, afford to adopt, adoption financing, adoption loans, how to afford adoption, cost of adoption

How to Get Financially Prepared for Adoption

Posted by Lifetime Adoption on April 11, 2019

Today's article comes to us from LendEDU.com, a website that helps consumers learn about more about financial products such as personal loans, credit cards, insurance products, and more. 

Throughout the United States, the National Council for Adoption (NCFA) estimates that nearly 100 million people have been impacted by adoption in some form or another. This could be one of the more than 110,000 children adopted each year or the parents, family members, or friends of parents who decide to add a member to their family squad. Adoption can be a beautiful experience for both the child and the family, but it comes with a variety of considerations, particularly on the financial side.

Read More

Topics: Financial Assistance for Adoption, Adoption Fees, cost of adopting, afford to adopt, adoption financing, how to afford adoption, how much does it cost to adopt, employee adoption benefits, how much does adoption cost, affording adoption

How Can We Make Adoption Affordable?

Posted by Lifetime Adoption on March 16, 2018

If you're wondering how you'll possibly afford the costs associated with a domestic infant adoption, you're not alone. A lack of funds is the #1 reason otherwise qualified families state for not moving forward with adoption.

Adoptions can be expensive and include fees for the home study, agency, legal representation, facilitation fees and travel, among other items.

"We faced a financial issue 30 years ago when we were hoping to adopt. What we found is that when there's a will, there's a way," shares Mardie Caldwell, adoptive mother and Lifetime's Founder.

Today, Lifetime is giving you 6 tips for an affordable adoption will help you make your adoption dreams come true!

Read More

Topics: Adoption fundraising, Adoption tax credit, Financial Assistance for Adoption, afford to adopt, adoption financing, how to afford adoption, employee adoption benefits

How We Funded Our Adoption: Adoptive Families Share

Posted by Lifetime Adoption on June 23, 2016

Have you been perplexed over how you'll afford to adopt? Lifetime asked our successful adoptive families for their advice on funding adoption on our Facebook page: "What tips, resources, or ideas worked for you to help finance your adoption fees? We know times change pretty quickly these days and it's helpful to stay on top of what's helping adoptive parents reach their adoption dream. What would you tell another adoptive parent who was concerned about covering the costs involved in adoption?" Here’s what adoptive families had to share about how they funded their adoption:

Read More

Topics: Fundraising, Adoption fundraising, Adoption Grants, Financial Assistance for Adoption, adoption financing, adoption loan, adoption loans

3 Financial Mistakes Adoptive Families Should Avoid at All Costs (part 1)

Posted by Lifetime Adoption on January 14, 2014

Many times we begin a journey, like adopting a child, and encounter road blocks, speed bumps, or all-out detours. When you are right there, so close, and in the situation, it can be tempting to make a decision that may seem to serve you best in the short term, but you need to keep the outcome in mind.

Read More

Topics: Adoption, Adoption Tips, Fundraising, Financial Assistance for Adoption, Adoption Fees, Adopting a Baby

The Adoption Tax Credit 2013

Posted by Lifetime Adoption on January 10, 2013

Many of us held a collective breath last week. The Adoption Tax Credit was set to expire after 2012. Would we see a last minute reprieve? Fortunately, yes! On January 1st, 2013, Congress passed the American Taxpayer Relief Act of 2012. Soon after, President Obama signed it into law. Included in this legislation was a permanent extension to the Adoption Tax Credit.

Read More

Topics: Adoption, Adoption Professionals, Newborn Adoption, Financial Assistance for Adoption, Adopting a Baby

The Perfect Gift

Posted by Lifetime Adoption on November 9, 2012

Do you know someone who is hoping to adopt, but finances are holding them back? Are you and your spouse dreaming of parenthood, but struggle with the idea of raising the amount needed for adoption expenses? The costs for a typical adoption today can be prohibitively expensive. There is a solution!

Read More

Topics: Adoption Gifts, Adoption Tips, Fundraising, General, Economy, Holidays, Financial Assistance for Adoption

Sign the Petition to Keep the Adoption Tax Credit in Place

Posted by Lifetime Adoption on February 24, 2012

Read More

Topics: Adoption, Adoption Tips, Adoption Professionals, General, Economy, Financial Assistance for Adoption, Waiting to Adopt, Adopting a Baby

How Adoption Fits In the Economic Crisis

Posted by Lifetime Adoption on June 23, 2009

Adoption can allow you the chance to give of yourself to another person...a child. The happiness that adoption makes possible will far exceed the years of financial returns that have been the hallmark of your life. In fact, money can't buy that type of happiness. That real, long term happiness can only be acquired through love, hope, and care...which is exactly what you could give and receive from your newly adopted child.

Read More

Topics: Adoption Professionals, Adoption Grants, Financial Assistance for Adoption