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Children: Placing A Child For Adoption

What Are the Advantages And Disadvantages of Adoption?

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While adoption can be a means of providing for your children when no other alternatives exist, it should not be entered into without considerable thought. Weigh the following carefully, as well as your own personal considerations.





Support: Your children will have the same right to support from the adoptive parents as if they were born to them. You will not be required to provide for them financially.


Standard of Living: The standard of living of your child's adoptive family may not be that to which your child is accustomed. One way around this is to place assets in a trust to provide funds for your child's support. To learn more, see Trusts.



Adoption is permanent: The adoptive parents do not risk losing custody.



Decision making: You lose all of your rights to custody of the children and to make decisions for them once the adoption is finalized.


Chance to adjust: If the adoption occurs while you are alive, it will give the children the opportunity to adjust to a new family while you lend them emotional support.



Stress on a child: An adoption or contemplation of adoption while you are still alive may stress the children because it would be a constant reminder that you are ill and will probably be gone one day.


Peace of mind: You'll have the chance to meet the adoptive family and explain your wishes to them.



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