Whether the result of an accident or medical malpractice, the unexpected wrongful death of an adult or child can result in significant economic damages. In such matters, the death of a spouse, parent, child or other family member often results in survivors experiencing a loss of income or financial support. Lost income may result whether the decedent was a wage earner (or potential wage earner), or retiree, at the time of death. The calculation of lost income and financial support may involve the application of several adjustments depending on venue. Our experts are knowledgeable in the Court Rules and Pattern Jury Instructions of many states and understand the distinctions between personal consumption and personal maintenance, historical earnings and earnings capacity and losses to survivors versus losses to an estate.
In addition, surviving family members may, depending on venue, be entitled to compensation based on the reasonable value of services that they would have received had the decedent lived. These services may include household services, companionship, advice, guidance and counsel, and on-call services. STEG economists rely on statistical data and market surveys when determining the comparable objective market value of replacement services on behalf of surviving family members. Understanding familial relationships is necessary to determine the reasonable quantity (hours) and duration (frequency) of such services. When possible we obtain these details directly from surviving family members.
If you would like any additional information about our team, or would like to discuss how we can provide a comprehensive assessment of damages in your wrongful death matters, contact us or call us at 973-992-1800.