Damages are the amount of money a plaintiff could collect from a successful wrongful death case. These damages are broken up into economic and non-economic damages. Economic damages could include lost wages, loss of earning capacity, loss of future income, loss of past income, funeral expenses, and medical bills. Essentially, economic damages include anything that has an easily quantifiable monetary value.
Non-economic damages include pain and suffering, inconvenience, loss of companionship, loss of society, and loss of consortium. Non-economic damages are harder to calculate as they are more subjective issues with varying value based on the situation. Fortunately, a lawyer could help you calculate Bowling Green wrongful death damages for your case.
The only party that could file or recover damages in Bowling Green wrongful death actions would be the administrator or executor of the estate. The administrator is usually a surviving family member or spouse. Administrators and executors may want to consult with an experienced wrongful death attorney throughout the probate and wrongful death case process to ensure everything is filed correctly to hopefully get justice for your deceased loved one.
The primary evidence used in calculating the loss of income damages is tax returns, educational history, and vocational history. An expert on work and income called a vocationalist will be hired to analyze what would have likely been a person’s future income had they been alive. Based on past economic factors and education, they would calculate future income to a reasonable degree of economic certainty for that individual.
An economist would add to that the loss of services outside of just actual earnings of that person. This can include other factors such as loss of services to surviving family such as if the deceased was a parent. An economist would look at the age of that individual, their education, their salary, and their potential for upward mobility and calculate a number to a reasonable degree of economic certainty as well as how that could affect family still alive. A knowledgeable lawyer could help one with calculating damages in a wrongful death claim.
At first, it can be shocking to realize exactly how much money a person may accrue over the rest of their foreseeable life had they not unjustly died. Thirty years of income, consortium, and services can be a substantial amount of money, though it will never be enough to fill the void they left.
However, the amount that time may be worth could change based on the familial status of the decedent. An old and single person may not garner as much compensation as someone with objectively more years they should have lived, and many dependents that need the services, love, consortium, and income of the deceased. For more information about recovering Bowling Green wrongful death damages, contact a seasoned lawyer.
Calculating Bowling Green wrongful death damages is near impossible without the experience of a dedicated wrongful death and personal injury attorney as well as the expert witnesses they may call on. There are so many benefits to hiring an attorney to help with your wrongful death case. Call a lawyer to find out what compensation you may be entitled to for the loss of your loved one and to pursue justice in their memory.
Charles E. Boyk Law Offices, LLC
Charles E. Boyk Law Offices, LLC