There are many losses that can be sought after during a wrongful death case in Wisconsin. It is very likely that the person filing a lawsuit was depending on the deceased person’s income to survive. Fortunately, the loss of future earnings can be included as a loss when seeking compensation.
It is not an uncommon question to ask how the compensation for future earnings is calculated. It is actually a pretty simple method of determining what the compensation will be. When determining future earnings, the court will factor in:
- Current pay. The first thing to determine when figuring the compensation for future earnings is to establish what the deceased person’s current pay was. This will be the main factor when determining the total.
- Remaining years. The court will take the age of the deceased and determine the how many working years the victim had left. This number is multiplied by the current pay to determine a base amount.
- Retirement. The amount that the victim would have had in retirement is also figured into the future earnings compensation. A life expectancy chart and the current pay is used to calculate the amount to be paid.
As hard as it may be to think about a lawsuit at a time of grieving, it is important to right the wrong that was done to your loved one. When filing a lawsuit, you need a Wisconsin wrongful death attorney who will understand the pain you are going through. At Hupy and Abraham, we understand your pain and are here to help. Call 1-800-800-5678 today for a free compensation.