How Much is a Wrongful Death Case Worth? Factors That Affect Your Compensation

Some of the largest cases filed, and the largest judgments and verdicts awarded by jurors are wrongful death claims. But once again, the worth of the lawsuit can differ quite a lot. Yes, there are factors; it’s just that the decision depends on many factors, and if you understand them, you can prepare for them. If you have a wrongful death case, the best course of action is to consult a lawyer from Dolan Dobrinsky Rosenblum Bluestein, preferably with experience.

How Much Money Can You Receive?

You will never spot a fixed amount of money when dealing with a wrongful death case. It cannot be generalized on fixed and fair amounts that can be applied simultaneously. The money depends on various criteria:

  1. The time at which your loved one was passed away;
  2. Employment status, position promotion prospects, and earnings.
  3. The monetary and other money for you and your family: insurance money, pensions, etc.
  4. Amounts you have spent on the medical bills or the funeral expenses.
  5. Other conditions include the feelings of the jury to you or your family, the financial condition of the person or company being sued, and the temper of the jury at the time of trial. Due to these factors, the involvement of an efficient lawyer can make a lot of difference.

Why File a Wrongful Death Lawsuit?

Even though no amount of compensation can replace your family member, a wrongful death case can bring justice to your family. In Texas, the family of the decedent and the estate, the property left behind in a legal sense, recover. The types of losses you can seek compensation for include:

  1. Medical bills and funeral costs – Anything to do with honoring the last moments of your dear one by paying for their treatments and burial costs.
  2. Bereavement – Any suffering endured by your loved one before they departed.
  3. Earnings capacity—This would be the earnings a loved one could possibly make to support the family.
  4. Loss of care and support – The emotional and practical help your loved one gave you.
  5. Loss of inheritance – The money or property your loved one might have left you.
  6. Punitive damages – Extra money to punish the person or company responsible.

These claims cover what your loved one lost and what the family is going through now.

How Is the Money Calculated?

It’s hard to know how much a case is worth. Lawyers and juries, guess what your loved one’s life would have been like. They look at:

  • Their age and health.
  • Their job, education, and future income.
  • They provide benefits like insurance or childcare.
  • The needs of their children or dependents.

The final amount helps families recover financially.

How Are Settlements Decided?

Lawyers and experts calculate damages, estimate future earnings, and estimate other financial losses. They use a formula for emotional losses. Depending on the severity of the losses, the amount of money is usually multiplied.

Once the amount is calculated, your lawyer will request the insurance company on the other side. Then, both sides negotiate to agree on a fair amount.

Conclusion

Every case is unique. The amount depends on your situation and your loved one’s life.

Talking to a lawyer is the best way to know what your case is worth. Many lawyers give free advice.

Wrongful death lawsuits are not just about money. They are about justice and holding the person or company responsible for their actions.

References:

  1. https://www.leekelaw.com/faqs/how-much-is-wrongful-death-lawsuit-worth/#:~:text=While%20it%20is%20impossible%20to,Your%20loved%20one’s%20salary 
  2. https://www.badderslawfirm.com/blog/2021/09/the-factors-that-matter-in-wrongful-death-compensation/ 
  3. https://morrisdewett.com/average-wrongful-death-settlement/ 

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