Settlement Calculation Inputs
Settlement Results
Estimated Settlement Value
| Component | Calculation | Amount |
|---|
Understanding Wrongful Death Settlements
Wrongful death settlements are designed to compensate surviving family members for the financial and emotional losses resulting from the death of a loved one due to another party's negligence or wrongful act. Our wrongful death settlement calculator provides estimates based on standard calculation methods used in legal practice.
Settlement Calculation Methodology
The settlement is calculated using these formulas:
Lost Income = Annual Income × Years Remaining Until Retirement
Base Damages = Lost Income + Medical Expenses + Funeral Expenses + Legal Costs
Pain & Suffering = Base Damages × (Pain & Suffering % / 100)
Loss of Companionship = Base Damages × (Loss of Companionship % / 100)
Total Settlement = Base Damages + Pain & Suffering + Loss of Companionship
Example Calculation:
- Annual Income = $75,000
- Years Remaining = 10 → Lost Income = $750,000
- Medical & Funeral Expenses = $25,000
- Legal Costs = $25,000
- Base Damages = $750,000 + $25,000 + $25,000 = $800,000
- Pain & Suffering 25% → $800,000 × 0.25 = $200,000
- Loss of Companionship 15% → $800,000 × 0.15 = $120,000
- Total Settlement = $800,000 + $200,000 + $120,000 = $1,120,000
Factors Affecting Settlements
Actual settlements vary based on jurisdiction, evidence strength, the deceased's age and health, dependents, and specific circumstances. This calculator provides a baseline estimate for informational purposes using our wrongful death settlement calculator methodology.
Frequently Asked Questions
What is a wrongful death settlement?
A wrongful death settlement is compensation paid to surviving family members when someone dies due to another party's negligence or wrongful act, covering financial losses and emotional damages.
How does this calculator estimate settlements?
Our calculator uses standard formulas that consider lost income, medical and funeral expenses, plus percentages for pain/suffering and loss of companionship based on base damages.
Are emotional damages included?
Yes, emotional damages are represented through the pain & suffering and loss of companionship percentages, which are calculated as percentages of the base economic damages.
Is this a legal tool?
No, this is an informational tool only. It does not constitute legal advice and should not be used for legal decision-making. Always consult with a qualified attorney.
Can I download or print my results?
Yes, use the CSV or PDF export buttons above the results table to download your calculation for reference or sharing with legal counsel.