Adopting a Newborn Baby

Adoption conversations with children can be difficult, and perhaps never more so when there are multiple children involved. If your adopted child has a birth sibling being parented by one or both birth parents, it may be tempting to hide that information from them. You may feel as though you are shielding them from heartache, but as with all adoption conversations, the most important rule is that honesty is always the best policy. 
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There are many parts of the adoption process that adoptive parents dread — the home study is often cited as the scariest part, while others hate all of the initial paperwork. However, the one part that is pretty universally dreaded is the waiting period. 
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Many families who have adopted a child have the privilege to be in an open adoption with a lot of ongoing communication. This provides so many benefits to both the parents and the child. However, no matter how close of a bond birth parents and adoptive parents may have, some things may be left unsaid.
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When a child is placed for adoption, it is inevitable that they will have questions you simply cannot answer. Your child will want some kind of understanding about why their birth parents chose not to keep them. Hearing the story from their birth parents will be heard differently than the same story heard over and over from you and agency counselors.
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Transracial adoption is becoming more common. While adopting a child from a different racial background from yours comes with several challenges, there are also many amazing benefits. Below, we’ll talk about five of those benefits, both for the child and the adoptive parents.

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If you’ve recently started looking to adopt, then concern about adoption costs may be occupying the forefront of your mind. The total cost of adopting a child in the United States can fall anywhere between $25,000-$40,000, depending on your circumstances. This is no small amount, but fortunately, there are multiple ways to achieve your dream of adopting without taking on more debt. Below are a few methods you can use to financially prepare yourself for the cost of adopting a child.
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Adopting a baby is a beautiful thing for both the baby and the new parents. Adoption helps to match babies with welcoming families who will be able to give them the best life possible. Unfortunately, this process can be long and expensive. Below are some of the costs associated with adopting a baby. 
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When you have a child, you may be eligible for paternal or maternal leave. The same goes for adoptive children. There are regulations in place that are designed to allow you time to bond with the newest addition to your family. 
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The process of adoption is truly a roller coaster of emotions: the good, the bad and everything in between. Each stumbling block is another obstacle to overcome on the way to what is hoped to be an incredibly happy ending. Adoption comes with high expectations of joy, love, hope and a true sense of family. But what happens when things don’t go exactly as planned? Though it may seem unrealistic to some that have not experienced the process, parents can fail to feel attached or connected to their adopted child. It is important to understand that this is a real situation that many adoptive parents may face. 
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Understanding and navigating through various tax rules, regulations and guidelines can be extremely challenging. Identifying the specific credits that you may be entitled to during the year can be even more difficult. For example, If you are an adoptive parent, there is a specific tax credit that will apply to you and your particular situation. Each year, this credit and its structure can change. However, there is an adoption credit of up to $14,300 for qualified expenses that were paid out of pocket for last year. 
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