Steps to set up a business to raise money for Adoption or Fertility

We want to make enough money to have a debt-free adoption or fertility procedure. So, if you are making more than $3,000, you’ll want to be able to take advantage of tax deductions and change it from a hobby business to a for-profit business. Read More

How One Adoptive Couple Paid for Adoption using MetLife Legal and their 401(k)

After talking about maybe adopting someday, Yvonne was presented with a chance to adopt a family member’s child. Because of the timeline, she and her husband needed to come up with the money quickly. Yvonne was able to take out a loan from her 401k to fund her adoption, a choice that comes with a lot of conditions. She talks about how she saved money on lawyers and adoption agencies, which are expenses you may not realize that you can shop around for. Read More

The Greatest Obstacle to Adoption

It’s one thing to read about ways to Decrease Expenses and another to execute it. You may have had good intentions before. Let’s change your mindset about the mistakes you’ve made. I want you to think about what it will feel like when the judge says, “This child is officially yours.” or When the doctor says, “It’s a girl.” That is the reason for you decreasing expenses. That is what should motivate you to change your spending habits. Read More

How To Protect The Financial Future of Special Needs Children

Laura and Melissa discuss how a special needs trust protects the Social Security eligibility of the special needs child. They talk about some of the unique circumstances that must be addressed when providing for a child’s lifetime medical needs, and how important it is for parents to have this conversation before it’s too late. Read More