Are there major financial implications between adopting young kids (ex. 4) versus teenage kids?

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Posted by Kevin Lin (MONEY FORUMS: 7, Answers: 0)
Asked on March 11, 2016 10:53 pm
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The cost of adopting a kid through private routes or internationally is going to be the same no matter what. However, most states have a low cost foster care to adoption route. Most adoptable kids in the foster care system are older (say 6+), so this is a lower cost option (often saving $25K+)

Of course, adoption should never be viewed as a purely fiscal interaction, and potential adoptive parents need to be prepared for a wide range of expenses post adoption.

If you’re interested in a more story orienteted take on adoption, my friend Dorthy has adopted 7 kids and keeps a blog at http://urbanservant.blogspot.com

All of her kids were adopted as infants, but she has a blog roll of others who have adopted kids who were teenagers.

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Posted by Hannah Rounds (MONEY FORUMS: 1, Answers: 54)
Answered: March 12, 2016 5:38 pm
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