The Impact Of Sudden Death On Financial Aspect?

Impact of Sudden Death on Financial Aspect
Case 1: JACK
When it comes to Financial, Jack does not have any problem about it, because all the expenses from hospital, burial of his child who are victim of sudden death and other expenses that need the Family of Jack are all paid off by the person who was accused with the incident, they are somehow relief.

Death of a family member can have substancial financial and economic impacts, yet their implications have received less attention than the emotional and psychological experience of bereavement.
In United Kingdom (UK) family whose child dies following illness or disabilitiy, can reduced household incomes through loss of state benefits and tax credits related to that child may also be susbstantial,
The expenses that they need to pay have been paid off by someone. And Berry was very thankful about it, because they do not have to worry and think where they would going to find money for all the expenses they need to pay.
Even lives of the bereaved families are stable, there is still economic disruption compounded the emotional shock of death in the family, and there was impact on quality of life, and strain on parental relationships. It is hard harder present an overall picture of income change for families whose child dies. In their exploratory study, reduction in household income due to loss of the child’s benefits, and problems for parents in sustaining or achieving earned income was important contributors to financial problems (Corden & Hirst,
Orange stopped working because she has obligated to accompany her mother at home in their province. Orange seeks help to others and thankfully some people whom she trusts were contributed an amount of money to the family of Orange.

Grievers may also overwhelmed by the need to make important financial decision that could have a lasting impact on their financial future. While no one can ever be completely prepared to deal with loss, especially when compounded by legal and financial concerns, there are steps you can take to ease the burden of additional stressors that they are encounter (Ayers, 2013). In the UK, the components of income which are lost when a household member dies are associated with that person’s economic activities and family status. Sudden death of a person of working age may mean loss of earnings of the sole, family breadwinner. What these losses mean for the household depends on circumstances immediately before the death, but also reflects general patterns of association between social, economic and demographic factors that influence oppurtunitues and decisions over their life course (Price, 2006).

Case 4: