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#1
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Financial help when adopting
Originally Posted By Jenny
My sister and her husband are trying to adopt a child and they don't really know where to begin as far as financially. A lot of places they check into are saying it will cost anywhere from 10,000-30,000. How do people come up with this money? Any suggestions or help would be very appreciated. Thanks!
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#2
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Re: Financial help when adopting
Originally Posted By mardi
jenny it is the most frustrating thing! to think cash could stop a very loving family from adopting. i think its sinful people can charge those horrible fees! but here is some info ... check with you bank, also there is a 10,000.00 tax break for families who make under 75,000.00 per year. also check you work place health plan, sometimes they cover some of an adoption. and last but not least there are grants out there for adoption. check the internet. and most of all pray. pray, pray. this seems big to us, but to God its small! good luck!! mardi
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#3
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Re: Financial help when adopting, ? it is free!
Originally Posted By Fanny
when you adopt a child through the county, the states taking care about everything. you get some $ every months until the adoption is final.the kid (you want to adopt) is place at your home as a foster kid and have "Medical" the insurance until they are 18 !.i think i am only going to pay $ 500 to finalized! if you need any more informations, do not hesited! good luck fanny
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#4
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Re: Financial help when adopting
Originally Posted By Lisa
It will cost a total of $6.00 for the adoption if you are a Foster Parent and you had the child in your home as a foster child. The fees are all covered. The $6.00 is for a new birth cert. This is a fact in the state of NJ. We have had 2 adoptions and been fostering for 6 years now.
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#5
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In our state, California, you receive a payment monthly until termination of parental rights. This is to cover foster care. We also receive an annual clothing stipend (never enough, but it helps lol) and WIC for children under 5, which covers formula and cereal for babies and milk, eggs, cheese, cereal, etc., until they are 5. Once parental rights have been terminated and the child becomes an official "adoptive placement" you receive the same amount as "Adoption Assistance Program" monies. That is until they are 18. As for fees, we paid $519 at the time of the adoptive placement - $500 for adoption and $19 for new birth certificate. This was paid to the county and the state reimbursed us $400 about a month or two later. We did not choose this method of adoption to save money, but just to really get kids that need homes, but I have to be honest and say the bit of money helps me to be able to stay home with kids! And we can save the money we had budgeted for lawyers and didn't use to pay for college, lol.
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