You want to either start or expand your family, and you decided that you want to adopt. You may have done some preliminary research on the adoption process, but how much do you know about the cost of adoption?
U.S. News & World Report breaks down common adoption costs.
For a domestic adoption handled by an agency, adoptive parents usually pay between $20,000 and $40,000. If you work with an agency, ask about agency fees, legal fees, the cost of a home study and living expenses for the expectant mother. Alternatively, you can work with just the expectant mother, known as an independent adoption. This adoption option price can range from $15,000 to $40,000, and you may not prefer to handle tasks such as finding expectant mothers open to adoption and paying for background checks.
Because of the sheer amount of paperwork involved with adopting, expect to need the insights of an experienced, trusted legal advocate in North Carolina. Of course, you must pay for such expertise to ensure you handle everything correctly.
With a profile book, you compile a profile of images of and information on your family to show expectant mothers why you make for a good adoption candidate. This part of the adoption process is a must, and it usually costs between $500 and $1,500 if you want your book to have a professional appearance.
Now that you know more about the costs of adoption, you can plan an adoption budget. Explore your options for paying for and reducing adoption costs.