adoption bank account?

August 2, 2006

I remember reading somewhere that you can set up a bank account for adoption expenses. Then your friends and family can donate money into that account tax free, then the money is distributed directly to your agency.

Does anyone have information about that?

Thank you!!!

bellazmama

August 9, 2006

THere are some third-party companies out there that will let you do that, but you can't do it with any regular bank accounts. You would have to set up your own non-profit to do so.