Recover From the Financial Effects of Losing a Loved One


indirect financial losses

Dealing with the loss of a family member is one of the most stressful events in life. More troubling is the fact that the true impact of the loss reverberates throughout the years and most survivors are simply unaware of the true magnitude of the financial loss that comes with the death of a spouse or parent.

It is easy to recognize the loss of income that will be realized when a wage earner in the family is lost. However, it is easy to overlook the indirect financial losses. How much does it cost to hire someone to do the odd jobs around the house that the husband did? How much doe sit cost to hire people to do the work around the home that the average stay-at-home mother does?

Would it surprise you to know that this is easily $70,000.00 per year? It probably would not surprise a stay-at-home mother but most people faced with the loss of their spouse simply are too distressed to consider fully ALL of the losses that they will face over the years. This is why it is very important to work with an experienced personal injury attorney when your loved one has been killed in a crash. We know the questions to ask.