Ocala Personal Injury Lawyers > Video FAQs > How are future damages calculated in a wrongful death case in Florida and what is present value?

How are future damages calculated in a wrongful death case in Florida and what is present value?

Video Transcription:

Future damages are calculated by an economist based on past earnings and future expected earnings. The present values means that while, lets say the person was going to receive a million dollars over his lifetime of earnings, the present value of that is reduced by a certain percentage down to what a million dollars in the future is worth today.

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