The Federal Adoption Tax Credit: The Only Hope For Many Who Want To Adopt From Ukraine?

Since the federal adoption tax credit is due to expire at the end
of December, the New York Times had an opinion column on the
subject. Ukrainian adoptions are one of the most affordable
international adoption programs, yet, it is still expensive and
many families simply can't afford that without help.

Here is one opinion:

The Only Hope for Many Who Want Children

Becky Fawcettis the co-founder and executive director
ofHelpusadopt.org, which gives grants up to $15,000 to defray
adoption costs for couples and individuals regardless of race,
ethnicity, religion, gender, marital status or sexual
orientation.

Children's lives depend on the renewal of the adoption tax
credit. Most adoptive families need it in order to afford
adoption, whichcostsan average of $30,000. Most of our applicants
at Helpusadopt.org spend $30,000 to $50,000, and sometimes more
depending on the circumstances and travel involved.

Many American families seeking to build their families through
adoption can provide for a child on a day-to-day basis but cannot
pay these fees in full and up front. So these large costs present
insurmountable financial obstacles.

Some families are able to pay for their adoptions only because
they know they will receive the tax credit upon finalization of
the adoption (which can be a year or longer after the child is
home). Knowing the tax credit will be available enables them to
deplete their savings (to a dangerous level), borrow against
their home, take out a bank loan, put the expenses on credit
cards and/or borrow from a family member. They know they can pay
the loan back within a reasonable amount of time with the tax
credit money. This is not a perfect solution by any means, but it
is a solution that allows would-be parents to complete their
adoption.Removing the tax credit would create another layer of
American families who must wonder not when but if they will be
able to adopt. It would remove a very viable option for the tens
of thousands of people seeking to build their families through
adoption.

If these families cannot afford to adopt, what would it mean for
all of the children in our country and around the globe that are
in need of adoptive families? What will happen to these children
if they are not adopted? Who wants to tell them it is because
money stood in the way?

Adoption Services International unites loving US families with
Ukrainian children. We provide a unique combination of
professional, individualized, quality service (including a
maximum guaranteed adoption fee), personal adoption experience,
affordable local cost and 20 years Ukrainian experience.

If you or someone you love would like to expand your family,
provide a permanent home for a needy orphaned child, welcome a
sibling for an existing child or discover an alternative for
infertility treatments - contact us to learn more about Ukrainian
adoption, Adoption Services International can help.

www.adoptionservicesinternational.com

info@asi-adoption.com

908-444-0999

https://www.facebook.com/ASI.Adoption

Upcoming Events:

Ukrainian Adoption 101:

Conversation On International Adoption: Opportunity, Process,
Concerns and Questions

Monday, November 12, 2012 6:00-7:00PM

Location: Califon Book Store: 72 Main Street, Califon, New Jersey
07830

Ukrainian Adoption Information Meeting

Wednesday, November 28, 2012 7:00-8:00PM

Location: Wellness Rocks: 133 Rupell Road, Clinton, New Jersey