However, it can provide valuable time for a newly adoptive family. Some states require employers to offer their workers a minimum amount of parental leave time. Adoption Loans Adoptive families may find a loan necessary to cover the large and immediate expenses of adoption. In some cases, you may be able to pay the loan back quickly once you receive a tax credit or are reimbursed by your employer or the military. You may be able to borrow from the cash value of your life insurance policy.
Some banks offer low-interest loans or credit lines for adoptive parents.
Adoption loans, both home equity and unsecured, may be obtained through the National Adoption Foundation. They also award grants to needy adoptive parents. Credit cards are an easy source of cash, but typically charge high interest rates. Travel costs, foreign or domestic, are not covered. Reimbursement is made only after the adoption is finalized and only if the adoption was done through a state adoption agency or a non-profit private agency.