The sudden death of a loved one can burden families with large, unexpected costs that can be financially ruinous to many people. Finding out ways to pay for funeral and burial costs can put enormous stress on families who are already reeling from loss and who may already be facing the loss of a sole or primary breadwinner. In addition to the new, long-term financial crisis families must face after a loved one’s death, they also must struggle in the here and now as they look to friends, family, and strangers to raise money for funeral expenses. Here are some ways to ease this burden if you are faced with these unplanned expenses.
Hold a Fundraiser
One of the most effective ways to raise funds for the burial and funeral costs of your loved one is to hold a fundraiser in their name. This can allow you to quickly obtain the funds necessary for funeral costs while providing social connections that can help you and your loved ones cope with your loss. There are numerous ways that you can fundraise for a loved one’s final expenses, including the following:
- social groups;
- crowdfunding websites;
- social media;
- asking friends and families;
- religious communities and institutions,
- and more.
Fundraising can also help you tap into a network of social and material support that can aid you as you and your loved ones cope with your sudden loss. You may find that those who donate to these expenses can help in other ways, such as by offering to cook meals or to look after children. You may find that those who can’t donate may be able to help you in these other ways.
Speak With a Wrongful Death Attorney
If you are having trouble paying for expenses after the sudden or unexpected death of your loved one, then it’s vital to speak with a Bronx wrongful death attorney. Depending on the circumstances around your loved one’s death, you may be able to obtain substantial compensation on their behalf that can help to defray or pay for in their entirety the funeral and burial costs you now face. This compensation may also extend to their lost income, companionship, pain, and suffering, and other forms of financial loss you may experience as a result of your loved one’s untimely passing. This compensation can help to improve the quality of life of their survivors and may be vital to you going forward.
Take Out a Loan
Funeral loans can help you pay for your loved one’s final expenses upfront without having to worry about immediately coming up with the money to pay for them. However, you will be faced with a substantial debt related to the funeral for possibly years after it is over. Should you decide to take on a funeral loan, be sure to fully understand the terms and conditions to which you’re signing on for. The last thing you want to face is an unexpected (and unwelcome) surprise in the loan you took out to pay for your loved one’s goodbye.
The sudden death of a loved one can place enormous financial and emotional strain on surviving friends and family, and one of the many new challenges they must face is finding the money to say goodbye to their loved one. Knowing what strategies, you can rely on in this case is vital to ensuring that you can obtain the finances necessary to give your loved one a dignified farewell. Learning about the different ways you can pay for funeral and burial costs can also put you and your loved ones on a sounder financial footing after the loss of your loved one.
About Mark Scott
With a law degree under his belt and years of experience, Mark Scott set off to make the law more accessible to all. He decided to help people lost in the maze of legal terminology to find their way.
Mark writes clear and concise pieces and gives simple advice that is easy to follow. On account of positive feedback from readers, he decided to dedicate more of his time to this goal and became a legal columnist. In his writings, Mark covers a wide array of topics, like how to seek legal counsel, or how to deal with different procedures.
Furthermore, he directs his readers toward other trustworthy resources for more in-depth information.