When an adult passes on, it’s easy to assess the financial loss associated with the person’s death. However, the same is not always the case when it comes to the wrongful death of a child.
When a child passes on, the following financial losses are often considered:
— The child’s earning potential over his or her life.
— The life expectancy, sex and age of the child.
— The relationship between you and the child who has passed.
As you can imagine, many of these details are nothing more than speculation. Taking this one step further, the younger the child, the more difficult it becomes to project what would happen in the future. For instance, it’s easier to speculate the future earnings of a 16-year-old as opposed to a 3-year-old.
At our law firm, we realize that there is nothing worse than losing a child. After all, most parents expect to pass on before their child. If you find yourself in this difficult situation, you need to do two things:
— Take the steps necessary to grieve in the appropriate manner
— Learn more about your legal rights.
The wrongful death of a child is nothing you want to think about, but many people find themselves facing this difficult situation. At some point, you’ll want to learn more about the event surrounding your child’s death. This includes a focus on whether or not another person acted in a negligent manner. If you find this to be true, it may be possible to file a lawsuit with the hopes of receiving compensation.