After the wrongful and untimely death of your spouse or another family member, you might be suffering in ways that you never thought were imaginable. On top of having to deal with grief that you might have never experienced before, though, you also have to worry about other impacts on you and your family. For example, your family's finances could be ruined after the loss of a spouse or other family member. The financial impact varies from family to family, but these are some of the ways that a loved one's untimely and wrongful death could negatively impact your bank account.
Medical Bills
Your loved one might have spent time in the hospital before he or she passed away. Even if it doesn't seem like the hospital did much at all, the costs can really add up, particularly if your loved one did not have health insurance coverage or if this coverage was limited. If surgeries and other procedures were done while your loved one was in the hospital, then the costs might be much higher. You could be worried about how you're going to deal with the strain of these medical bills in the coming months.
Funeral Costs
Funerals are not cheap. Even if you opted for a cremation or a rather simple funeral service for your loved one, the costs might have added up to more than you thought they would. The funeral home might have required you to pay for everything up-front, or you might be on some type of payment plan to help you cover the expenses. Either way, paying for your loved one's funeral might have had a big impact on you and your family's finances, and this impact might continue on for quite some time.
Loss of Household Income
If it was your spouse or parent who died, then the household income might have taken a big hit. Of course, money isn't everything, and the loss of income is probably far from one of the main things that you're worried about after losing a loved one. However, it is important to be realistic and to understand just the types of financial consequences that this loss of income in your family can have.
The expenses of a loved one's wrongful and untimely death can be major. A wrongful death attorney might be able to help you get compensation from the responsible party to help with these financial implications, so meet with one of these legal professionals soon to discuss your options.