Becoming parents is a dream come true for most people. But unfortunately, some traditional conception methods make it impossible.

According to agencies like Made in the USA Surrogacy, surrogacy provides a transformative and unique solution. This, in turn, creates an opportunity for couples and individuals to experience the joy of getting a child.

Regardless of its promise, the process can be very complex and often fraught with financial considerations. This is why it is important to have a good plan for financing it, whether you are exploring it for personal choice or medical reasons.

Pregnant woman cradling her belly

What Surrogacy Is

It is a type of assisted reproduction where couples or aspiring parents work with third parties to carry a baby to term. The couple or parent may contribute genetic materials to surrogates who gestate fertilized eggs.

Doctors will give you two options. These options include gestational and traditional surrogacy. Gestational surrogacy is a very common form of surrogacy. In this type, surrogates aren’t biologically associated with the baby they’re carrying.

Conversely, tradition is less common than gestation because of emotional and legal complexities. However, it is still a very feasible type for intended parents. This form requires surrogate mothers to use their eggs, which are inseminated with sperm from intended donors or fathers.

Why Surrogacy

There are several reasons to consider surrogacy. Here are some of these reasons:

  • Same-sex couples
  • Single parents
  • Age
  • Infertility
  • Medical conditions

Funding Surrogacy

Growing a family through surrogacy is a financial and monumental emotional journey. For many people, preparing financially for surrogacy needs years of organization and planning. Here are key points linked with surrogacy and payment plans:

  1. Personal Financing

Intended parents mostly depend on loans to cover the surrogacy expenses. Organizations don’t just offer traditional credit like credit cards and home equity loans. They also provide financing options for surrogacy and fertility treatments. Your financial advisor can also recommend considering different forms of loans. Perfect examples include family members, agency financing programs, 401(k) plans, and fertility financing loans.

  1. Agency Fees

Most intended parents don’t just work with a surrogacy agent who helps them handle legal issues. They also work with agents who can assist them in finding suitable surrogates and manage the entire process. Such agencies charge fees for services that can contribute to the overall costs.

  1. Legal Fees

These fees are not just incurred for reviewing and drafting surrogacy agreements. These fees vary based on the case’s complexity and jurisdiction.

  1. Medical Costs

Medical costs for surrogacy and other treatments. These treatments include delivery costs, IVF, prenatal care, and embryo transfer. These costs vary depending on the medical requirements of surrogates and intended parents.

  1. Budgeting & Planning

It is important for parents not just to create a financial plan. They must also create a detailed budget before embarking on the journey.

In conclusion, surrogacy is complex and costly. However,you can manage it easilywith proper financial planning and strategies.