If you?re anticipating a tax refund check this year, it may be tempting to splurge on the latest high-tech gadget or go on a shopping spree, but in the long run, it is good to keep the future in mind when considering how to use your refund. If adopting a child is one of your goals, using your tax refund check to start the process is a great way to make use of your extra cash.
Here are five ways to use that tax refund check to start your adoption this year:
1. Payment for Adoption Services
Have you been wanting to start your journey towards adopting a baby, but just haven?t had the funds to do so? Now that you?ve received your tax refund, you are able to get started! Using a big chunk of that check towards payment for adoption services will help you start your journey. Many adoption centers will offer financing options to start, so make sure to ask if they have other payment options available.
2. Save Up for Payment of your Adoption Home Study
Start saving now for your home study fees. Once you start your adoption, you?ll need to pay for adoption-related services such as a home study. A home study is performed by a social worker; it is a combination of a written and oral description of your family and your lifestyle and inspection of where you will raise your child. Using your refund towards your home study is an excellent way to further yourself down the road to adopting a baby.
3. Set Aside Funds for Payment of your Adoption Attorney
You may consider setting aside some or all of your refund for legal services once you need them. In order to finalize the adoption, you will incur legal fees. When the time comes to obtain legal help to safely finalize your adoption, you?ll be thankful that you set aside funds ahead of time!
4. Save for Future Adoption Profile Costs
In order to present adoptive families to birth mothers, your adoption professional will need what is called an ?adoption profile.? The profile is a bound booklet that describes you and your spouse, including photos, where you live, what your occupations are, why you wish to adopt, and what you like to do in your spare time. Many adoption professionals such as Lifetime Adoption have a staff member who will provide tips and guidance as you create your profile. But, you will need to budget for the cost of printing your profiles and scrapbooking supplies or software used to create it. You may consider setting aside part or all of your tax refund for this purpose, and not have to worry about it later!
5. Make a Contribution to an Adoption-Related Charity
Consider using your refund towards the cause of adoption, and get a tax deduction when you file next year! If you have your financial bases covered, consider using your refund to make a charitable contribution to help others in need. You?ll feel good, and you?ll be rewarded for your good deed when you file your tax return next year (charitable contributions are deductible if you itemize). One adoption charity that you can contribute to is the Lifetime Foundation. Lifetime Foundation provides grants for difficult-to-place children and scholarships for women who have placed their child for adoption.
Learn how you can help at www.Lifetimefoundation.org It?s rewarding to be able to focus on the future knowing you have plans in place to make your adoption dreams a reality. Prioritizing adoption in your financial plans is a very important part of adoption success, both now and any time you are blessed with a little extra cash in hand!
Mardie Caldwell, C.O.A.P. is a Certified Open Adoption Practitioner, an award winning author of 2 adoption books Adopting Online and Adoption: Your Step-by-Step Guide. Mardie is also the talk show host of Let?s Talk Adoption.com with Mardie Caldwell and the founder of Lifetime Adoption in 1986. She travels and speaks nationwide on adoption topics, family topics, infertility and writing. She has been quoted in and consulted for Parenting and Adoption magazines and has appeared on CNN, CBS, ABC, BBC, NBC, and Fox. Featured in Parade Magazine, Caldwell is an adoptive mother living in Northern California.
cincinnati reds aurora borealis san francisco giants jennifer connelly tenacious d elder scrolls skyrim greasemonkey
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.