Adoption can be expensive. We talk about this issue on a daily basis and understand what a burden the financial aspects of adoption can be for a family. Ethical agencies are continually mindful of the financial aspects of adoption and work to make sure every dollar is meaningful, necessary and protected (as much as possible). However, there are still many costs involved and the price tag for some adoptions can seem out of reach for some families.
Before committing to an agency or organization, make sure you spend time understanding their fee structure, policies relating to fees and refunds, and how finances are handled within the program. There should be a high level of transparency when it comes to how agencies utilize the fees they are asking for.
In addition to educating yourself on the agency fee structure, it is also a great idea to look into various adoption funding assistance programs. There are many grants and specialized loan programs available to adoptive families, as well as tax incentives for some adoptions. Below are some resources for adoption grants and funding assistance that we think are worth looking into. If you have some favorites that are missing from this list let us know so we can pass along the good information!
http://www.abbafund.org/#panel1-3
http://www.militaryfamily.org/info-resources/adoption.html
https://www.irs.gov/taxtopics/tc607.html
https://www.giftofadoption.org/
