Published by Carabin Shaw – San Antonio Personal Injury Lawyers – Wrongful Death
Attorney Discusses the Loss of Future Earnings After a Wrongful Death
If your loved one dies as a result of the negligence of another, do you know what kind of compensation you’re entitled to? If your spouse has tragically died because of an unfortunate accident, are you worried about providing for the future of your family? The experienced Texas wrongful death lawyers at our Law Office understand your worry during this difficult time and will seek to provide just compensation for your loved one’s loss of future earnings. Call our San Antonio Wrongful Death Lawyer now!
What Does Loss of Future Earnings Mean?
Loss of future earnings is the money that the spouse, children, or another financial dependent would have received had the provider not died. It is only one of the damages that can be sought in a wrongful death case, which can be a difficult value to compute to ensure that you receive just compensation for your loved one’s lost income. Courts can often interpret the loss of future earnings in a wide variety of ways, so having competent legal help on your side is of the utmost importance. Time is of the essence get in touch with our Wrongful Death Lawyers in Laredo Today!
Problematic Issues in Calculating Loss of Future Earnings
Let’s suppose that your loved one was 30-years old at the time of their passing, and was then making $50,000 per year. With an estimated 35 more years of possible working potential at the same rate of pay, the base value of future lost income would be $1.75 million. Due to many variables, calculating the loss of future earnings is seldom this straightforward. For example, would your loved one have never gotten a raise? Surely that should be factored in as well. What about inflation?
Defendants at fault will seek to reduce their payouts by trying to base the final value on the fluctuations of the market during the victim’s possible working future. The competent attorneys at our Law Office can help the opposite occur by seeking to raise the base value of the suit based on former cases and testimonies of witnesses. Essentially, our attorneys help to prove that your loved one would have most likely received a promotion or a raise as part of their future earning potential.
Certain cases can be even more troubling. What if your loved one had been working at a restaurant as a waiter in order to pay for the medical school that they were also attending, and suffered a fatal accident before becoming a doctor? Should loss of future earnings be based on their hourly wage as a waiter or their future wages earned as a potential doctor? The attorneys at our Law Office know the intricacies of presenting such a case while keeping an eye on making sure you receive fair compensation for your loved one’s future, rightful, earning potential.
Losing a Loved One Doesn’t Have to Mean Loss of Future Earnings
Proving a fair amount of potential earnings on the behalf of the bereaved is typically a complex issue best left to capable attorneys. Our Law Offices seeks to mitigate prolonged future pain as a result of possibly not receiving just compensation for your loved one’s loss of future earnings by seeking to show their most likely future earning potential.
With 20 years of experience in such cases, we are amply prepared to prove your case and show the courts why you and your family are entitled to just compensation. Lessen your worry about the future of your family by contacting our wrongful death attorney. We are here to help you in your time of need.