Factors to Consider When Calculating Wrongful Death Settlements
June 15, 2023
Losing a loved one is a tragic event, and if their death is a result of someone else's negligence or misconduct, the grieving process can be even more challenging. As survivors grapple with the emotional turmoil, they also face complex legal issues. Wrongful death lawsuits are intended to compensate the survivors of the deceased for their losses and help them move forward with their lives. Calculating the appropriate settlement amount in these cases can be a daunting task, requiring a comprehensive understanding of various factors and their potential impact on the survivor's claim. In this blog post, we will delve into the intricacies of calculating wrongful death settlements and provide guidance on the essential factors to consider.
1. Establishing Liability and Causation
In any wrongful death case, the first critical step is establishing the responsibility of the defendant for the decedent's demise. The plaintiff must prove that the defendant's actions or inaction breached a duty owed to the deceased and that this breach directly caused their death. Establishing causation is crucial as it can significantly impact the potential settlement amount. In cases with strong evidence of liability and causation, the defendant may be more inclined to offer a higher settlement, whereas if causation is weak or uncertain, the defendant may feel emboldened to contest the claim, ultimately reducing the potential settlement.
2. Economic Damages
Economic damages are designed to compensate the survivors for the financial losses they have incurred or will likely incur as a result of the deceased's untimely demise. There are several factors to consider when calculating these damages, including:
- Lost income: This represents the financial support that the deceased would have provided to their dependents had they survived. To calculate lost income, one must consider the decedent's earning capacity, occupation, age, education, work-life expectancy, and overall economic contributions. Economists and vocational experts often aid in determining an accurate estimate of lost income.
- Medical expenses: If the deceased incurred medical expenses due to the incident that led to their death, the estate can seek compensation for these costs.
- Funeral and burial expenses: The estate can also recover reasonable funeral and burial expenses incurred as a result of the wrongful death.
3. Non-Economic Damages
Non-economic damages attempt to compensate survivors for the emotional pain and suffering they have endured due to their loved one's death. These damages can be more challenging to quantify, as they do not have a direct financial value. Factors to consider when assessing non-economic damages include:
- Loss of companionship: This compensates family members for the loss of love, companionship, and emotional support that the deceased would have provided.
- Loss of consortium: This refers to the loss of the intimate relationship between the decedent and their spouse.
- Pain and suffering of the deceased: In some jurisdictions, the estate can recover damages for the pain and suffering that the decedent endured before their death.
4. Punitive Damages
In cases where the defendant's actions were particularly egregious or malicious, the court may award punitive damages to punish the defendant and deter similar conduct in the future. Punitive damages can significantly increase the settlement amount. However, not all jurisdictions allow for punitive damages in wrongful death cases, and those that do often set limits on the amount that can be awarded.
5. Comparative Fault and Damages Reduction
In some cases, the deceased may have been partially responsible for their own death. If the jurisdiction follows a comparative fault system, the settlement amount may be reduced in proportion to the deceased's level of responsibility. For instance, if the decedent was found to be 30% at fault, the total settlement may be reduced by 30%.
Conclusion
Calculating wrongful death settlements is a complex process that necessitates careful consideration of numerous factors. A thorough understanding of the relevant legal principles, economic factors, and jurisdictional nuances is crucial in ensuring that the survivor's interests are adequately protected and compensated. It is advisable to consult with an experienced wrongful death attorney who can provide personalized guidance and advocacy throughout the process.
In the end, the purpose of a wrongful death settlement is to help ease the financial burdenand emotional pain that survivors face in the aftermath of their loved one's untimely demise. While no amount of money can ever replace the loss of a loved one, a fair and just settlement can provide a measure of financial stability and support as the survivors navigate their journey towards healing and rebuilding their lives.