The Earning member/members define the way the finances run in the households, families. Their income defines multiple things like:
Amount the family can spend
Amount of debt that can be taken
Amount of investment that can be done
Credibility of the person and indirectly the family
Future ability and income earning capability of the family
When an earning member passes away, the family receives a big jolt in emotional, physical and financial terms. Each and every aspect of their finances needs to be reaccounted, reconstructed and readjusted in order to ensure it represents their new life, mechanism of living.
All the above 5 things change in a split second. Money management, therefore becomes an extremely crucial factor in such times. It is always advisable to take help of a professional Financial Crisis Manager in such times, to get back up and maintain stability atleast for the near future.