You can expect compensation to vary after filing a wrongful death lawsuit as many factors come into play. Of course, you know by now that economic and non-economic compensation can change the money your family recovers, but how is the total amount calculated?
At Lowe Law Group, we care about seeking maximum compensation for clients who need it most. Below, we will detail some of the factors that impact compensation and how to move forward with the process.
Determining Value for All Losses
Economic compensation factors in numerous losses, including the following:
- Earning capacity: Earning capacity factors in the amount that the decedent would have made from the injury date until death and how much they would have made after death.
- Benefits: Pension plans, retirement accounts, and medical coverage can factor into the amount you may recover.
- Medical and funeral costs: You can prove expenses paid for medical care from the injury date until death and funeral costs. Receipts and bills are the most effective way to prove these losses.
- Loss of services and goods: If the decedent provided services or goods, those who file a lawsuit can pursue compensation for these losses.
- Emotional losses: All non-economic losses come into play. Physical pain that the decedent endured, mental anguish, and other losses are non-economic damages.
- Punitive damages: Some states allow families to pursue compensation for punitive damages. Lawsuits may warrant punitive or exemplary damages to punish the negligent party and deter similar conduct in the future.
At Lowe Law Group, we work to help individuals understand their options. Our goal is to pursue maximum compensation for families who endure significant losses. You can count our wrongful death attorneys to explain your rights and options every step of the way. When you need someone on your side, trust us to be your partners and advocates throughout the entire process.
Call our firm today at (800)-319-5196 to schedule your free consultation.
