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Life Events & Family

What Issues Should I Consider When Having or Adopting a Child?

Overview

A new child changes a household budget almost immediately, and changes the long-term financial picture just as much, from college savings to who's named guardian in an estate plan. Both timeframes deserve attention, not just the immediate one.

Adoption in particular can come with its own set of tax credits and planning considerations worth understanding early in the process rather than after the fact.

What this checklist covers

  1. 1Cash flow issues
  2. 2Tax planning issues
  3. 3Long-term planning issues

Common questions

Get the complete checklist for this transition

A printable list of what to handle, and in roughly what order.

PDF · 196 KB · No email required

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Sourced from a licensed fpPathfinder checklist. Page copy is original summary content.