If you and your family members have tragically lost a loved one in an accident, you may be planning on filing a wrongful death claim or wrongful death lawsuit. People often wonder, “How long does it take to settle wrongful death cases?” and the truth is that it varies greatly as every case is unique. Many factors can determine how long it takes to settle wrongful death claims.
It can take surviving family members anywhere from a few months to a few years to settle a wrongful death claim. The death of a family member caused by the negligence of the at-fault party is heartbreaking. If you have suffered a loss, you and your family members need to contact a reputable and experienced personal injury lawyer today.
If you think it is time to file a wrongful death claim or a wrongful death lawsuit, a lawyer at our law firm will be able to help you through the process. We will act entirely in your best interest. For some honest and unbiased legal advice, you should contact a lawyer at our law firm today for a free consultation. We have practice areas all over the State of Florida, so no matter where your loved one’s death occurred, we can help. Call us now at (941) 444-4444.
How Are Wrongful Death Settlements Paid Out?
There are two main, basic ways in which wrongful death settlements are typically paid out, through lump-sum payouts and through structured settlements.
Lump-Sum Payout
When a case is settled out of court, it is typical for the plaintiff (the state of the deceased) to be awarded a lump-sum payment. With this kind of financial distribution, the family of the victim will likely receive full payment of the damages they have agreed to. This can include pain and suffering compensation, medical bills, and much more.
Structured Settlement
Alternate to a lump-sum payout, structured settlements award damages to a family following a wrongful death claim through continuous, ongoing payments. This kind of settlement can provide continuous support, usually in the form of monthly payments. This kind of settlement can, however, make it difficult to pay off larger debts. Additionally, once a settlement deal is agreed upon with the at-fault party, it can be very difficult to alter the terms of the settlement. This is why it is important to speak to a lawyer if you wish to seek compensation. Be careful of agreeing to a quick settlement as you may be agreeing to an unfair deal.
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How Much Is a Typical Wrongful Death Settlement Worth?
There is no such thing as an average settlement for wrongful death cases. Every case is so different, and the amount of compensation awarded depends on several factors. You and your family could expect to achieve anywhere between $500,000 to over $1 million.
If you are wondering how much your wrongful death case could achieve in compensation, you need to contact an attorney at our firm today. An attorney will be able to briefly examine your case in a free case evaluation to give you a rough approximation of the kind of compensation you could expect to achieve.
What Factors Determine How Much I Can Receive in Compensation?
If you have tragically lost a family member dear to you in an accident, you may be wondering how much compensation you could receive in a wrongful death case. Several circumstances can alter how much your case is worth, and they include the following:
- The last medical bills for the victim.
- Burial expenses.
- Future financial aid that the victim would have been able to provide.
- Future household services that the victim would have been able to provide.
- The age and health of your deceased relative.
- The needs of the surviving dependents in the family.
- Where there is an element of fault apparent in the case.
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How Long Does It Take to Get Your Money After You Settle a Lawsuit?
If you have just successfully settled a lawsuit for your wrongful death claim, you may be wondering how long it will be before you receive the compensation agreed upon. When you settle a wrongful death case, you will receive your money not too long after. However, just how quickly you will receive the money will depend on the complexity of your case.
Typically, it can take between four to six weeks to receive money after successfully winning a lawsuit. This can, however, varies greatly. For a more specific idea, you should approach your attorney to ask them for their advice and professional opinion.
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How Many Years Do You Get for Wrongful Death?
If you have tragically lost a loved one in an accident and you and your family members are contemplating filing a wrongful death claim, you need to act quickly. You must file a claim for your wrongful death case as soon as possible after the accident has occurred. This is because the law in Florida does not allow a great deal of time to file wrongful death claims.
Florida’s statute of limitations, as outlined under the Florida Statute 95.11, only allows family members two years following an accident to file wrongful death claims. Two years may seem like plenty of time to make claims for wrongful death cases, but it is shocking just how quickly the time can pass.
This is why you need to contact our attorneys as soon as possible. The sooner you act, the greater the chance you have of receiving compensation. No amount of money will ever remove the heartbreak of a loved one’s death, but it can greatly help with the healing process. For more information on how you could file for compensation for your case, call us today to schedule a free case evaluation with one of our attorneys.
Should I Contact the Law Place?
If you have tragically lost a loved one dear to you in an accident, whether that be a car accident or a slip and fall accident, you will more than likely be entitled to compensation. To receive compensation, you will have to file a claim for wrongful death. This can be a lengthy process and not the most straightforward. This is why you should contact The Law Place today.
If you are wondering, “How long does it take to settle a case of wrongful death?” we cannot give you an exact answer. Every case varies greatly depending on circumstances. However, if you allow an attorney at our firm to examine your case, they will be able to offer you a rough approximation of the time it may take based on their vast experience working on cases similar to yours.
At The Law Place, we have practice areas all over the State of Florida. No matter where the accident has occurred, we can help you. Our phone lines are also available 24 hours a day, 7 days a week. Therefore, no matter when you feel ready to give us a call, a member of our team will be able to answer you. To schedule your free consultation, call us now at (941) 444-4444.
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