Calculating Future Losses in Your Personal Injury Claim

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Calculating Future Losses in Your Personal Injury
Claim

• LAW OFFICES OF HOWARD CRAIG KORNBERG

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Calculating Future Losses in Your Personal Injury
Claim
Calculating your past and current medical bills
and damages in a personal injury claim is
important, but far more critical in determining
your future losses in the form of lost wages,
loss of earning capacity, and future medical
expenses. Loss of earning capacity if you
have a severe or disabling injury and/or your
earning capacity has been affected may range
between tens of thousands of dollars and millions
of dollars, depending on your particular
circumstances, explains Los Angeles personal
injury attorney Howard Craig Kornberg at the Law
Offices of Howard Craig Kornberg.
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Social Security Disability Benefits
Not only may you be eligible to receive financial
compensation for the loss of earning capacity
from the at-faulty party and his/her insurance
company, but may also qualify for Social Security
disability benefits. But do not be mistaken just
because you have suffered a severe or even
disabling injury does not automatically make you
eligible for Social Security disability benefits.
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How to Determine the Loss of Future Earnings?

• There is no magic formula to calculate your
  future losses with the help of some simple
  mathematical equations. You will need to seek
  legal advice of a Los Angeles personal injury
  attorney in order to determine the value of your
  future losses.
• Here are some of the factors that will be taken
  into account by professionals when calculating
  your future losses in a personal injury case
• How severe are your injuries?
• How many months or years you will need to reach
  full recovery?

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• If you are not expected to reach full recovery
  and your injuries are long-term, what are your
  limitations for employment after the injury?
• What is the estimated income you would have
  received if you were not injured?
• What is the estimated income you are expected to
  receive with current injury disability?
• Were any potential promotions or employment
  benefits expected in your career had you not been
  injured?

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In addition to determining the loss of future
earnings, the total value of recoverable future
losses should include the cost of your future
medical expenses, if any. In order to estimate
the value of future costs, you will most likely
require the testimony of a medical
professional. Contact the Law Offices of Howard
Craig Kornberg for a free case evaluation. Get a
free consultation by calling offices at
310-997-0904 or fill
out this contact form today.
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CONTACT US
LAW OFFICES OF HOWARD CRAIG KORNBERG Address
10880 Wilshire Blvd. 1840 Los Angeles, CA
90024 Phone [phone] Fax [phone] https
//www.kornberglawfirm.com/