How Much Is A Wrongful Death Lawsuit Worth
To maximize your chances of getting the highest possible settlement, consult with a wrongful death lawyer. They can explain your legal path, what to expect and how to manage your life until receiving a settlement.
Estimating how much your wrongful death lawsuit is worth can be very difficult. Every case is unique and must take into account numerous factors. Wrongful death settlements will consider the deceased person’s loved ones and their needs following an unexpected loss.
What Is The Average Settlement For Wrongful Death?
While settlement amounts can range all the way from $500,000 to several million dollars, these are merely just examples. The best way to understand exactly how much your case is worth is to consult a wrongful death lawyer. Let’s take a look below to see how wrongful death settlement damages are calculated.
How A Wrongful Death Settlement Is Calculated
The court will consider a plethora of factors when determining the settlement amount for a wrongful death case. These factors include the surviving loved ones and how much their lives will be impacted by this unfortunate loss. Wrongful death settlements can also help pay for expenses that have solid values like medical costs for the care your deceased loved one received, funeral expenses and loss of benefits or wages.
Generally, your case will reflect the damages you incurred due to losing a family member. You will then be offered a settlement amount based on this value, according to the court. To maximize your chances of getting the highest possible settlement, consult with a wrongful death lawyer. They can explain your legal path, what to expect and how to manage your life until receiving a settlement.
Wrongful Death Settlement Amount Factors
1. Deceased Person’s Medical Costs
If the deceased was taken to the hospital, rode in an ambulance or received any sort of medical treatment, these expenses can be included in a wrongful death case. Medical costs will fall on surviving family members, unfortunately, and can add up quickly. Wrongful death settlements can help relieve of this burden.
2. Funeral/Burial Expenses
Not all individuals have savings or life insurance, meaning funeral expenses can cost surviving family members thousands of dollars. A wrongful death settlement typically covers costs associated with funerals and burials.
3. Deceased Person’s Age And Health Conditions At Time Of Death
While frustrating to hear, your loved one’s age and health at their time of death could also play a role when considering a settlement amount. These facts help a court determine the likelihood of your loved one dying and how this should affect the settlement amount. A wrongful death lawyer, however, will work tirelessly to show that the unexpected loss of your loved one will outweigh these factors.
4. Loss Of Support
When you lose a loved one, you are losing both companionship and financial support. When calculating a settlement figure, the amount should reflect the average monthly and yearly support you would have received while your loved one was alive. This specific calculation will consider the future loss of support, especially for cases involving minor children who lost a parent providing the highest source of income.
5. Consideration Of Fault
You may file an action for wrongful death if your loved one died due to another party’s negligence. If your loved one had any fault in their death, though, you can still put together a compelling wrongful death lawsuit. The settlement may be reduced based on their percentage of fault.
6. Other Damages
Damages are a reference to monetary compensation paid to a wronged party. You may be entitled to damages beyond medical and funeral expenses, including anxiety, depression and emotional anguish damages.
Source: “How Much Money Can I Get From A Wrongful Death Settlement?” Anidjar And Levine https://www.anidjarlevine.com/faqs/average-settlement-wrongful-death/
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If you have suffered through the sudden loss of a loved one in an accident that you believe was caused by another party’s negligence or wrongdoing, you need to contact a wrongful death attorney. The legal team at Moshier Law can help accident victims pursue the compensation they deserve. Contact our team for a free consultation regarding your recent accident/injury. We can answer your questions while guiding you through each step of the legal process. At Moshier Law, we are dedicated to recognizing our client’s goals.
When a case demands litigation, you’ll have the benefit of 19 years of litigation experience in California and Arizona. But when a case demands collaborative law or mediation, you’ll know every option. Moshier Law services all of Phoenix and Scottsdale, Arizona. Jennifer and her team of professionals seek to resolve Family Law cases efficiently with your goals in mind.