Adoption is a life-changing legal process in which a child is placed with an adoptive individual, couple or family who takes on parental responsibility of that adoptee. The benefits of adoption are endless and reinforced with each passing day a new family gets to feel complete. Adoption is also an opportunity for a woman experiencing an unplanned pregnancy who does not want to terminate the pregnancy but also does not desire or have the resources to be a single parent. It's an opportunity for a birth mother to give herself a second chance at her goals before the unplanned pregnancy, an adoptive couple can raise the family they imagined starting together and an adoptee can be in a supportive environment with parents who are prepared to raise a child.
About two percent of the minor population have found their permanent homes through adoption. Every year, about 100,000 children from the foster care system are adopted. Many of these children spend around two years in foster care before being permanently placed. A clear adoption benefit for these children is giving them a sense of stability after being in limbo during formative years of their lives.
Although adoption can be an expensive process, there are plenty of federal, state and employer benefits designed to make adoption easier on one's pocketbook. Whether the pressure of adoption hinges on scrounging a few thousand dollars together for a home study or preparing for an independent, private or international adoption that may go over $30,000 in expenses, planning to adopt requires a bit budgeting. Sometimes, couples take out loans, dig into savings or rely on As of 2007, about half of the largest corporate companies in the United States offered adoption benefits to employees going through the finalization process of an adoption. Each company regulates its own adoption benefit program, but may include paid leave or reimbursements for adoption-related expenses. Adopters can also apply for the Adoption Tax Credit, which will reimburse a third of one's adoption expenses up to $13,170. Prospective adopters who are reserved about the financial obligation of adoption should ask an adoption professional about federal and state subsidies for special needs adoptions.
With how customizable the adoption process has become, the benefits are progressively outnumbering obstacles. From who can adopt to how, there's an adoptive situation out there for everyone who truly wants it.
See Also: employer adoption benefit package
Shakopee superintendent's contract has 'adoption benefit'
Shakopee Superintendent Rod Thompson will receive a one-time $30,000 benefit to help defray the cost of adoption.
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Picks of the Week - Happenings
Employer Adoption Benefit Package
Non-recurring Adoption-related Expenses
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Note: Our authors are dedicated to honest, engaged, informed, intelligent, and open conversation about adoption. The opinions expressed here may not reflect the views of Adoption.com.