A death affects more than just the finances in the families...the real costs to loved ones are physical, emotional and spiritual.
This report shows that the US has some gaps to fill, and we need to better the support the dying and their families, before, during and after death.
"We asked over 2,000 families from across the US about the death of a loved one, and how much it cost them in terms of money, time, health, and more".
The following information below is from the Empathy website:
Understanding the true burden of loss
13 months - to handle all affairs; 20 months if the estate goes through probate
$12,702 - average expense falling on families after a loved one dies
Four family members, on average, were involved in the process of dealing with loss
52% - said dealing with loss harmed their work performance
57% - experienced clinical physical or psychological symptoms of stress
Dying in America is expensive, and those costs fall heavy on those who are left behind.
Our first annual report investigates the scope of the burden faced by families handling the loss of a loved one, focusing on the practical tasks that take up time, energy, and money but are rarely addressed by bereavement support. Experts in the end-of-life field help us understand how we might use these statistics to better support those dealing with loss.
We partner with employers, life insurers, hospices, funeral homes, and others to change the way the world deals with loss.