Our St. Louis Car Accident Lawyers can help you recover lost income resulting from an automobile accident.
Most people have heard the term “lost income,” which refers to the amount of money that the claimant has not received or will not receive due to their inability to work after an accident. This can involve both past and future earnings. Lost past wages include money lost up to the time of a trial. The term is also used to refer to the claimant’s ability to suffer due to a reduced ability to make money or a diminished earning power. The lost refers to future issues as opposed to the past. In some cases, this is also known as “general damages,” while in others, it may be superseded under its very own category.
These injuries can be demonstrated as physical injuries, emotional, psychological, temporary disabling, or permanently disabling. All of these losses have to be proved as outlined in the standards imposed by certain jurisdictions. An adult or child may recover lost wages due to a disability, but this will apply to an adult in most cases. Lost income may include salary, vacation pay, sick pay, health insurance, and other benefits like loss of the company car, profits from the performance of a contract, and more.
Proving your loss typically begins with listing your job duties. Your supervisor may be able to provide you with such a list. The following details are essential:
- Identification of the supervisor of the victim
- The claimant's job title and description of duties
- The date that the victim began their job
- Whether the job is full time or part-time
- The rate of pay
- The dates that have been taken off
- Confirmation that the reason for dates taken off was because of an injury
- The date that the victim returned to their job
- Whether or not the job performance was the same after the injury
- Copies of official records of the business and confirmations of this.
It can be challenging for the non-wage earner to prove the amount of any loss. This might include store owners, artists, real estate brokers, and doctors. These people often have fluctuating incomes, and it is less certain than that of a wage earner. Because there are so many kinds of non-wage earners, there are still ways to prove the income.
Real estate brokers would have to produce a listing, a letter agreement with another broker splitting a commission because of the brokers’ inability to show the property due to the injury, and a report of payment to the other broker.
Because each case is unique, it is essential to speak with an experienced St. Louis car accident lawyer soon after an automobile accident. Your attorney can help you gather the information necessary to build a strong case and recover the full compensation you are entitled to under Missouri law.
Call (314) 361-4242 for a FREE case evaluation with an experienced St. Louis Car Accident Lawyer 24/7!