Below is a breakdown of the adoption process for adopting an infant domestically, and the anticipated costs using our selected agencies. Note that some costs are known in advance, while others are estimates or highly variable. We will update the variable costs as we get more information.
Important to note is: 1) we were blessed to raise more than $12,000 in fundraising from our generous family and friends! This has covered ALL of our adoption expenses so far, although the biggest expense (placement fees) are yet to come. Currently we have enough savings to cover everything, and as time goes on that will only increase. 2) The federal adoption tax credit gives about $14,000 back to adoptive families, payable through a reduction of federal income tax over five years maximum, so that is one way that we will be able to recoup what we spend, and help us to save for (God-willing) future adoptions.
The bottom line is: domestic infant adoption is expensive, yes, but it will be absolutely worth it! We are committed to contributing a large portion of our personal savings toward the wonderful goal of becoming parents to a child in need of a home. We are sharing costs in such detail not to scare anyone away from adoption, but to be realistic about what it takes.