No one should have to go through losing a loved one due to the negligent actions of another person, business, or entity. Unfortunately, these incidents do occur, and grieving family members need to know where to turn. In many cases, those who have lost a loved one are entitled to compensation through a wrongful death claim. Properly calculating wrongful death compensation can be complicated, and Sherman Oaks wrongful death attorney is typically going to help with this process. Here, we want to review how the various economic and non-economic damages are calculated for wrongful death cases.
There may be various types of compensation available to the family members of those who have lost a loved one due to the negligence of others. Here, we will break these expenses down into “economic” and “non-economic” damages.
Economic damages are those that are easier to calculate because there will be fairly concrete “proof” involved. This can include:
To calculate economic expenses, an attorney is going to use various factors that will differ on a case-by-case basis. This includes:
Non-economic damages in a wrongful death case will include some things that are harder to calculate but are certainly real. This includes:
Properly calculating non-economic damages can be more complicated. In these situations, a “multiplier” may be used in which the total economic expenses are added up and then multiplied by a certain number (ranging from one to five) to arrive at a fair compensation amount. Ultimately, a jury will determine the total amount that should be paid to family members for their loss.
If you have lost a loved one due to the careless or negligent actions of another person or entity, contact an attorney as soon as possible. At Mancini & Associates, we have extensive experience handling these cases. We will conduct a full investigation into your case and work to secure full coverage for your loss. When you need a wrongful death attorney in Sherman Oaks, you can reach out to us on our website for a free consultation by clicking here or calling us at 818-783-5757.