Calculating Damages in Aurora Wrongful Death Actions
If you require assistance in determining how much compensation you may be owed for your loved one’s unexpected passing, it is important to reach out to an attorney who has experience in calculating damages in Aurora wrongful death actions. Someone’s loss of future income and loss of companionship can be very difficult to evaluate, often requiring specific equations and designations determined by Colorado state law. Become acquainted with the following information to learn more about what goes into calculating wrongful death damages, as well as how these procedures can potentially affect your ability to recover compensation for your damages today.
Loss of Future Income
Only those who were dependent on the deceased individual can claim for economic loss of income. For example, if a spouse was dependent on their partner’s yearly promotions or yearly bonuses and will no longer receive them as a result of their wrongful death, they could file for loss of future income. The court will look at their partner’s education and age, and based on these factors, a Colorado mortality table will be used to calculate how much income they could have potentially provided their spouse had they not been fatally injured. An experienced attorney or an economist could be hired to review one’s tax returns for the last several years and employment file to offer an opinion on how much money they could have potentially made.
Calculating Loss of Companionship
In addition to the simple quantitative amounts of income that someone could have made, it is also important to take into account those intangible effects that an individual had on others, such as their role within their own community and family. Loss of companionship is a non-economic loss meant to quantify the impact of someone’s death on their surviving spouse or dependent(s). It is important to have the opinion of a professional to support someone’s claim for this amount, as it can become a very large sum. To ensure that this amount is computed correctly, it is extremely important to reach out to an Aurora lawyer who is experienced in calculating damages in wrongful death actions.
Let an Aurora Attorney Help Calculate Damages in a Wrongful Death Action
It is advisable to contact a lawyer experienced in calculating damages in Aurora wrongful death actions as soon as possible after your loved one has passed away to help ensure that you receive everything you are entitled to. A qualified lawyer on our team can help gather evidence, interview key witnesses, and stay in direct communication with the insurance company of the party at fault so that you do not have to deal with more stress than you’ve already been given. Let our team fight for your deserved compensation, guide you through the process, and prepare you for what to expect in any court proceedings should you have to make an appearance. If you need help calculating damages in a wrongful death action, contact a distinguished Aurora attorney today to gain an aggressive advocate for the amount of compensation you are entitled to receive.