How rich do you have to be to adopt?

L O V E

You don't have to be rich, you have to be smart.

Blk Guy beat me!Spread the hate!

they have special loans you can get for it. Or you can refinance your house and pull 20,000 out or you can do a fund raising, your church might help. IMO i think that spending 20 to 30,000 to adopt is ridiculous! I've heard people say "you'll spend 20,000 for a car, whats the difference?" I bet they picked up that line from an adoption agency.
Those agencies are PIMPS! I do feel as if it's kinda morally wrong. Foster care is a much less expensive way and the kids arent being pimped out like infants with a price over their head. The foster kids really need a home and they are usually separated from their parents for better reasons

daniellex111

im not american but i dnt think its the case ov bein rich, its your income and how well you would b able to cope and u have to show if you have money to support the child

eddie

i adopted 2 boys it didn,t cost that much
do an other search

Lillie

Loans, or a very novel idea is getting a job and saving, that seems to work pretty slick.

But adopting from foster care is typically much cheaper, like a few hundred bucks, just pay court filing fees and get your homestudy done and you're set. But then of course you're not guaranteed a shiny new baby, so it's a toss-up.

You know as an adopted person, I love love love the idea of having my own, original, unaltered birth certificate, but unfortunately no amount of money in the world will allow me to have that.

The price I have to pay for being adopted I guess.

Well that, and losing my mother, father, full brother, half sister, grandparents, aunts, uncles, cousins....

*sigh*

ETA: Me? Angry? No, not really. But you seem to be, wow, such nastiness in your tone. Why are you so vicious for such a happy PAP?

Will you berate your future adoptee like that, I wonder?

r s

actually in many state across the country you can be jobless and on wealthfair and make thousands of dollars of tax free money a month taking in special needs children...

and yet other state don't allow that

here and actually in just about every state, the law about adoption basically is you have to be making above poverty rate... and enough I think it is 200% above poverty rate, to not qualify for government assistance

every type of adoption besides foster care adoption costs tens of thousands of dollars...

some groups do place at very low costs with groups within their faith.. (Jewish, Catholic, etc..)

others have a good deal of luck begging for money from others to pay for the adoption

and then if you are the prefect Barbie Christian couple you can get some grants

but you probably can't get a loan unless you could have gotten a personaly loan anyway

Independ"ant"

Yes, there are "loans" to get a baby.

Most people adopting are far from rich. They are just richer than the women losing their children.

My neighbor actually "adopted?" a child by getting a 2nd mtg. and using credit card advances, transferring the balance back and forth to new cards with 0% balance transfers. Now that finance companies are tightening up he's about to lose his house because he can't make the mortgage pymts on the house that he couldn't afford in the first place.

Yep, a better life for the child.

Eta: If you were talking about foster care than you wouldn't be complaining about the 20-30,000.

Suzy Sunshine

I'm in a rush so very quickly - you can adopt from your state's foster system for next to nothing. You will likely adopt an older child but the fees are minimal and certainly below the adoption tax credit.

Re. the adoption tax credit, if your adjusted gross income is under $175K or so you will get a $10K tax credit when you adopt. Also more and more employers are offering adoption benefits to their employees.

And yes, it is possible to get a loan for the fees.

However, saving the money needed to cover adoption fees is a very good way to prepare for parenthood. If you're not able to save up the money in a year or two you may not be in a position to add a child to your family to begin with.

update --- if you want to get answers, you'll have to ignore the nonresponsive rants from the anti adoption crowd.

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