Hopeful Adoptive Parents
PREPARING FOR YOUR HOME STUDY
A home study is legally required before a child can be placed in an adoptive home. The study includes background checks, interviews and lots of documentation by a caseworker. Your Adoption California Professional will help you prepare for the home study by going over the process with you. He/she will also let you know what materials you should gather so as to expedite the process.
Home studies sometimes send a jolt of fear through hopeful adoptive parents. It can feel invasive and concerning to have someone examine your life so closely and to do so in your own home. Yet when it’s understood that the purpose of a home study is to verify and attest that an individual, couple, or family is suitable to adopt a child, this requirement becomes easier to accept
Here’s what you can expect:
The caseworker will fill out a lot of paperwork from the documentation you will provide. This includes:
- Employer verification or income verification if you’re self-employed
- Marriage Certificates
- Divorce Decrees
- Birth Certificates
- Tax ReturnsHAP – ADOPTION COSTS – AFFORDING ADOPTION – CA
Understandably, many hopeful adoptive parents are concerned about the cost of adopting a newborn. Because of the multi-faceted process, adoption can be expensive. As you prepare for adoption, consider what you have in savings as well as other avenues to gather the funds required. These may include employer contribution, tax credits, fundraising, loans, and contributions from family, friends, and church. Many adoptive parents have had success raising funds online, and there are faith-based organizations which can help fund or finance your adoption. We can help connect you with many of these resources.
In the state of California, you can expect your adoption to cost between $31,000 to $45,000. Here’s a breakdown of where the money goes:
- HOME STUDY: Over $2500, for pre-placement home studies and post-birth visits from the social worker.
- ADOPTION SERVICE PROVIDER: Up to $1,000 to advise parents of his/her rights and to witness the signing of the Adoption Placement Agreement.
- INDEPENDENT COUNSEL: About $500 to obtain the waiver of 30-day revocable consent.
- COURT FILINGS: Around $20 if the adoption is finalized in California.
- SUPPORT FOR BIRTH MOTHER: You can expect this to range from approximately $5,000 to $14,000, depending on birth mother circumstances.
- ATTORNEY FEES: This also will vary. You can expect to pay at least $8,000, including cost for case workers to assist with the birth mother.
- PROFILE MARKETING: All Adoption USA clients receive the unique outreach tools made available through the Adoption.com Parent Profiles Ultimate Package. The base rate for the Ultimate Package is $15,000.
- ADDITIONAL COSTS: If the birth mother lives out of state, there may be travel and lodging costs. There may be miscellaneous costs, such as counseling sessions for the birth mother and search fees and newspaper legal notice publication fees if the birth father cannot be located.
Other fees sometimes creep in, so preparation to spend more, rather than less, is recommended. However, a domestic newborn adoption can often be less costly than adopting abroad where you may have to travel to a foreign country multiple times and may take the entire family at least once.
The experienced adoption professionals at Adoption California will help break down costs for you as you meet to discuss the type of adoption you want to have. After your initial meeting, you’ll have a better idea of what you should expect to spend. At that point, a careful examination of your savings and your fundraising plans will take form, and you’ll be able to work toward creating your family through adoption.
The good news is that adoption expenses qualify for a federal adoption tax credit of up to $13,400 if you make less than about $201,000 annually (for the tax year 2015). This is a refund on your taxes paid, as opposed to a mere deduction. As we do not hold ourselves as tax experts, you will want to speak to a tax professional if you want to know more about this tax credit.
This content is for informational purposes only, should not be considered or relied upon as legal advice, and is not intended to create an attorney-client relationship.