Thank you for all of your continued support, kind words, thoughts and prayers both online and off. I am continuously amazed at how a blogging community can come together and reach out and help one another.
From my post on Monday, I got some inquiries from a few of you asking about the agency and the fees. Some of out curiosity, some for research and thinking about adoption.
I have no problem sharing any of it with you all. I feel like if i can help just one person through my ramblings, then I've done a good job. =)
I have decided to break down our costs so far. Not for anything other than to be helpful and put out there for someone who might be too shy to ask. (i swear, i don't bite). But please, continue to leave comments or send your emails if you have other questions.
I think the hardest part of the financial part of adoption is the amount of "whats". Every case is so different, so attorney fees and the money paid to help the birth mother is so different. We were given averages to work with, but in our minds, we are figuring on more. It seriously is the story of our life!
So here goes:
A couple of notes for you on the above financials. The $7,000.00 is to keep in escrow with the agency. If we don't use it all for our birthmother, we will get it back. The trick is? We could end up needing more for her. Depends on the case. Also, with the attorney fees, if it is a very complicated case, we will pay more obviously.
Edit: I had a typo and a reader so nicely reminded me that the tax credit is $13,170.00. Thanks!
There is a light at the end of the tunnel. The federal government just extended the adoption tax credit through 2010. If all goes well, the credit is now for $13,170.00.
So in a nutshell, that is it! Please let me know if you have other questions, like i said, i'm happy to answer!