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What are Future Damages?


As a resident in Pennsylvania who has lost a loved one in a car accident, you may be wondering how you will continue to handle financial matters on your own in the future. Those of us at Newman, Williams, Mishkin, Corveleyn, Wolfe & Fareri, P.C. will explain how it will be possible for you to keep supporting yourself.

Outside of the devastating emotional loss and pain that the death of a loved one can cause, there are often also financial matters to take into consideration. Your life can be severely impacted by a loved one’s death in a financial way if they were the primary bread-winner of the household, leaving you struggling suddenly to keep up with the income level that you had before. This can lead to a lower quality of life, which is an additional stress that you shouldn’t have to experience during a period of grief.

This is where future damages come in. Future damages can be awarded in the case of a death such as a car accident, and they are exactly what they sound like: a calculation of coverage for any potential damage or loss that will occur in the future due to the death of the loved one in question. This includes benefit loss, such as pension or retirement funds, as well as the amount of money that might have been made up to the point of retirement.

Please visit our web page to read more about future damages and what losses you could obtain potential compensation for. It can help to at least lower the stress you might deal with in the financial arena.

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