3 Ways to Save Money on Adoption

The number one reason people choose not to adopt a child is  cost.  If the price tag is holding you back, read on to learn a few ways to significantly trim adoption costs.

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1. Become a foster parent

Not only is becoming a foster parent probably the quickest way to have a child placed in your home, it is also the least expensive way.  Hundreds of Florida foster children become available for adoption every year, and the Florida Department of Children and Families pays the attorney’s fees and costs associated with these adoptions.  In many cases, the department also pays a monthly adoption stipend to offset the cost of raising a child.  In addition, the adopted child receives Medicaid throughout childhood, and also a college tuition waiver for attending a Florida university.

Foster parenting isn’t for everyone.  Some prospective adoptive parents aren’t willing to take the emotional risk of falling in love with a foster child only to see the child reunited with his or her parents.  Others, however, find fostering incredibly rewarding, and many adopt a child with whom they’ve built a significant bond.

If you think foster parenting may be for you, see the Heart Gallery of Pinellas and Pasco to meet some kids seeking loving, adoptive homes.

2. Put the word out.

While Florida law places a cap on attorney’s fees and costs, professional fees, and various expenses for the birth mother, there is no specific cap for adoption agency fees.  Why is this important?  Because, contrary to popular belief, you can adopt without an adoption agency, if you already know a birth mother who wants to place a child for adoption.

A great number of private adoptions happen because a friend of a friend put the birth mother in touch with the prospective adoptive parents. Be proactive and let everyone you are comfortable with know you are actively seeking a child to adopt.  Rely on the word-of-mouth of your friends, family, acquaintances and colleagues.

If you adopt a child without an adoption agency, you will still incur the cost of the home studies, legal expenses, and birth mother expenses, but you will avoid unnecessary adoption agency fees.  And, please, make sure the attorney you hire is experienced in adoptions.

3. Adopt a Florida child.

The cost of hiring two attorneys – one here in Florida, and the other in the state where the birth mother resides – makes adopting a child from another state much more expensive. The attorney and/or agency fees involved in applying for placement in Florida of a child born out of state – through the Interstate Compact on the Placement of Children – also increases expenses. It goes without saying that travel expenses can make adopting a child from another state or another country significantly more expensive.

For more information on how to save money on adoption, contact Adoption Law Source, P.A., at (727) 835-7832, and ask for attorney Melissa A. Tartaglia.