How Is Wrongful Death Money Distributed Among Family Members?

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If you have lost somebody that you love due to the negligent or intentional actions of another person or entity in South Carolina, you may be entitled to compensation through a wrongful death claim. At The Jeffcoat Firm, we understand that losing a loved one is a traumatic and stressful event, and you may have many questions. Here, we want to discuss how compensation is distributed to family members after a successful wrongful death claim. Our wrongful death lawyers serve clients in Columbia and Lexington as well as the surrounding areas, and we are ready to help you with your case today. 

How do family members get their compensation?

South Carolina Code of Laws section 15-51-10 specifies which family members are entitled to receive compensation in a successful wrongful death lawsuit. In general, the following are entitled to the compensation:

  • A spouse or children of the deceased 
  • Parents of the deceased if there is no spouse or children 
  • Others who are entitled to inheritance under SC intestate laws if there are no parents, spouse, or children 

After a wrongful death settlement has been reached or after a jury verdict has been handed down, and all appeals have been exhausted, settlements will typically be paid out by the insurance carrier of the defendant (the at-fault party). If the defendant did not have insurance, they will be held personally liable for any judgment or settlement amount. 

Typically, these payments will be handed out in one of two ways:

  • One lump-sum payment to beneficiaries
  • A structured settlement paid to beneficiaries monthly over the course of years 

It is strongly advisable to seek assistance from a certified financial advisor when you know you will receive a wrongful death settlement in South Carolina. 

Let us help you with your SC wrongful death case

If you have lost somebody you love, and their death was caused by the negligent or intentional actions of another person, contact The Jeffcoat Firm today. Our Wrongful death lawyers are ready to help clients all over South Carolina. Do not hesitate to seek assistance for your case because we want to ensure that you are treated fairly. You can contact us for a free consultation of your case by clicking here or calling us at 803-373-1302.

 

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