In the most recent issue of Adoptive Families, there was an interesting article about questions that people may ask and how to answer. Since announcing that were adopting, we have fielded a lot of questions. Some were in the article and some weren't. It has been our hope (and will continue to be our hope) that we can help educate people on adoption and so we thought it would be helpful to post a couple of these Q's and A's ever once in a while. Even if you don't have that question, the answer might interest you!
So here goes FAQ #1
Q: Is adoption expensive? How can you afford it?
A: The average cost of adoption in 2008 was $27,000. Grants and reimbursements can reduce the expense. The federal adoption tax credit ($12,500 for adoptions completed in 2009) can reduce out-of-pocket cost significantly, bringing adoption well into reach.
Source: The July/August 2009 issue of Adoptive Families
No comments:
Post a Comment