Forensic accounting expert witness advises on lost services valuation for decedent’s family

ByKristin Casler

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Updated onOctober 21, 2017

Forensic accounting expert witness advises on lost services valuation for decedent’s family

An investigative accounting expert witness advises on elderly mother claims of lost services from shooting death of son. Plaintiff is an elderly woman whose son fled from police after a traffic stop. Police shot and killed her son, who was in his 50s. The plaintiff claimed loss of household services and loss of household food purchases that her son previously provided.

Question(s) For Expert Witness

What is the value of the loss for services and for food provided by the decedent?

Expert Witness Response

inline imageAt the time of his death, the son was living with his mother and her husband. He provided many household services, including vehicle repair and maintenance, plumbing work, yard work, home repair and maintenance and taking care of the household pets. He also paid for nearly all of the household's food.

inline imageUsing a life expectancy of approximately 10.1 years from the date of her son’s death:

inline image- A lost household services calculation was prepared through the plaintiff’s estimated life expectancy and adjusted to remove the percentage of total household production that benefited the decedent.

inline image- Furthermore, the value of household services was increased at an average annual rate of 2.50 percent over the period.

inline image- The 2.50 percent figure is the historical average annual change in the Consumer Price Index. The present value estimate is $70,000, rounded.

inline imageBased on the Consumer Expenditure Survey compiled by the U.S. Bureau of Labor Statistics, the household would have benefited from the decedent’s purchase of household food in the amount of about $1,400 to $2,000 per annum. The present value estimate for household food purchases approximates $15,000.

inline imageThe estimate does not include loss of companionship or pain and suffering.

About the author

Kristin Casler

Kristin Casler

Kristin Casler is a seasoned legal writer and journalist with an extensive background in litigation news coverage. For 17 years, she served as the editor for LexisNexis Mealey’s litigation news monitor, a role that positioned her at the forefront of reporting on pivotal legal developments. Her expertise includes covering cases related to the Supreme Court's expert admissibility ruling in Daubert v. Merrell Dow Pharmaceuticals Inc., a critical area in both civil and criminal litigation concerning the challenges of 'junk science' testimony.

Kristin's work primarily involves reporting on a diverse range of legal subjects, with particular emphasis on cases in asbestos litigation, insurance, personal injury, antitrust, mortgage lending, and testimony issues in conviction cases. Her contributions as a journalist have been instrumental in providing in-depth, informed analysis on the evolving landscape of these complex legal areas. Her ability to dissect and communicate intricate legal proceedings and rulings makes her a valuable resource in the legal journalism field.

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