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Wrongful Death News
Survivor Income Benefits Provided By Employers
As the twentieth century comes to a close, more Americans are living longer, making the 65 and older age group the most rapidly growing segment of the population. Common among this group are widows or widowers, many of whom experience a drastic cut in income when their spouses die. In fact, many widows are left below the poverty level when their husbands' income sources are cut off at death. One report estimated that 32 percent of nonhousing wealth and most of job-related pensions disappear during the 2-year interval in which the husband dies, and that 75 percent of poor widows were not poor when their husbands were alive.1
Certainly, many families are faced with a sudden change in lifestyle when the primary wage earner dies prematurely without making appropriate arrangements to replace lost income. Indeed, the proportion of women in the work force and the average income of working women has risen significantly in recent years, so that the death of either working spouse can seriously affect family income.
In light of these realities, employers offer a wide variety of benefit plans that are designed, at least in part, to protect survivors. Such benefits can be divided into two groups: those designed to provide a stream of future periodic income and those designed to provide an immediate single lump-sum payment. Many of these plans have coordination provisions, designed to avoid duplicate payments, thereby limiting the total benefit received.
If you have suffered financial or emotional
distress due to the negligence of others in Kentucky, contact
our wrongful death lawyer now and obtain a free case evaluation.
Did You Know?
Wrongful death damages depend upon certain conditions.
Wrongful death damages usually depend upon the relationship of the plaintiff to the deceased.Specific wrongful death damages available to parents include loss of companionship and mental anguish caused by their childs death.Damages for spouses will also include potential financial contributions from the deceased.
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News about Wrongful Death cases in Kentucky and nationwide:
Definition:
Clause of a pleading alleging amount of loss or injury.
Class action
Definition:
When different persons combine their lawsuits because the facts and the defendant are so similar. This is designed to save Court time and to allow one judge to hear all the cases at the same time and to make one decision binding on all parties. Class action lawsuits would typically occur after a plane or train accident where all the victims would sue the transport company together in a class action suit. Recent class actions have occurred against tobacco companies.
Equitable action
Definition:
An action which may be brought for the purpose of restraining the threatened infliction of wrongs or injuries, and the prevention of threatened illegal action; case in which payment of money damages will not be adequate compensation.
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