Placing a Monetary Value on a Wrongful Death Claim for a Child
Placing a monetary value on human life can be very difficult in wrongful death cases, especially when the victim was a minor or a young child. The challenge in valuing a child’s life in wrongful death cases is determining how much the child financially contributed as a member of their immediate family.
A good wrongful death attorney will need to consider various important factors in order to properly determine the value of a child’s life in a wrongful death claim.
How to Value the Life of a Minor in Wrongful Death Cases
Valuing the financial loss for an adult wrongful death victim is easily quantifiable because the lawyer can generally provide concrete evidence to show such losses as losses of future wages and loss of consortium.
However, when the wrongful death claim is filed on behalf of a minor or young child, the financial damages incurred by the victim’s family may be less substantial and harder to prove. The reason for this is that children typically do not provide significant financial contribution to their family’s finances. Nevertheless, damages must be computed in such cases. In doing so, the attorney may need to consider the following important factors:
– The sex, age and life expectancy of the minor victim.
– Whether the child victim financially contributed to the family, and if so, how much.
– The health of the minor victim.
The Importance of Hiring an Experienced Wrongful Death Attorney
Unfortunately, there is no loss as difficult as the loss of a child, and there is no loss harder to determine in wrongful death claims as that of a child. If you have lost a child due to the reckless or negligent actions of another party, you should consult a wrongful death attorney that has experience in handling such cases to ensure that your rights are protected and that you get the full compensation that you are entitled to.
For more information or to schedule a complimentary consultation with experienced New Jersey wrongful death attorney Dan Matrafajlo, please call the Law Offices of Dan T. Matrafajlo at 908-248-4404.