Determining The Future Loss of Earnings For Self-Employed Accident Victim

The self-employed adult invites special problems, when driving a car or other motored vehicle. If that same adult were to get injured in an accident, the job of determining that entrepreneur’s future loss of earnings could prove to be a challenging task.

Evidence that can support a claim, regarding the future loss of earnings:

Facts that support the credibility of clients. These could show that an existing client was likely to remain a paying client in the near future.

A listing of the daily tasks completed both before and after the accident. This should show the extent to which the injury hampered continuation of the profit-making efforts that had been carried out by the self-employed man or woman.

Documents that offer proof of income lost. Perhaps a deadline could not be reached, and a client’s patience ran out, so that one possible source of income was lost. An email from the dissatisfied customer might be pointed to as proof of such a loss.

A listing of attempts to rehabilitate. Did the injured businessperson meet with a physical therapist? Did he or she meet with a psychologist? Those would be examples of an attempt to benefit from an effort at rehabilitation. Each of them would demonstrate an effort to retain the business’ profitability. An entrepreneur with an organized bookkeeper should have some valuable documents to present to the opposing side. Those should provide proof of the entrepreneur’s actual income during the time leading up to the accident.

Questions to be answered:

Has an economist done a projection? What does that projection indicate, with respect to the size of the projected earnings, as based on the most recent earnings?

What is the ability of this injured individual to fill any position in any industry? How could his or her past education and experiences increase the chances that someone might offer this person a position?

Has this injury hampered the ability of this self-employed person to take advantage of various opportunities? Did that include the loss of money-making opportunities?

Is there proof of a link between the financial losses experience by this victim and the actions of the driver that caused the accident? How did the collision cause the reported injury? How did the existence of that injury account for the financial losses?

What is the doctor’s prognosis? Does it seem to the Personal Injury Lawyer in Milton that the self-employed victim can recover from his or her injury? If so, how long a recovery should be expected? For how long a period should some accommodations be made for the victim’s lack of ability to earn a living, according to the method used in the past? This would be the most important question. It addresses the issue of disability claims.