Tennessee Settlement Agreement and Release in Wrongful Death Suit after Filing of Suit but Prior to Trial

State:
Multi-State
Control #:
US-01619BG
Format:
Word; 
Rich Text
Instant download

Description

This agreement is between a defendant and the spouse and executor or administrator of the estate of decedent for wrongful death. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Settlement Agreement and Release in Wrongful Death Suit after Filing of Suit but Prior to Trial
  • Preview Settlement Agreement and Release in Wrongful Death Suit after Filing of Suit but Prior to Trial
  • Preview Settlement Agreement and Release in Wrongful Death Suit after Filing of Suit but Prior to Trial

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FAQ

The value of a wrongful death claim varies as each case has unique circumstances. Settlements can range from a few thousand dollars to more than a million dollars?for example, a deadly head-on collision due to negligence resulted in a $5 million settlement.

WHAT ARE THE LIMITS ON DAMAGES IN TENNESSEE WRONGFUL DEATH CASES? Wrongful death is considered a catastrophic injury, meaning the limit on non-economic damages is $1 million per person, if the decedent left minor children. Otherwise, the typical damage caps apply.

Tennessee damage caps Tennessee does not cap economic damages. However, Tennessee does place a cap on non-economic damages in the amount of $750,000. In cases where the plaintiff suffers ?catastrophic injuries,? the $750,000 cap is increased to $1 million.

The discovery rule allows the statute of limitations to be tolled until the date a cause of action is discovered. For example, if the true cause of death is fraudulently concealed, the statute of limitations is tolled until the true cause of death becomes known or reasonably should have become known.

If the decedent is married at the time of death, the spouse is entitled to all of the proceeds from the wrongful death suit. If the decedent was married with children, the money is divided equally between the surviving spouse and children with a caveat: the spouse is entitled to at least one-third of the recovery.

In general, punitive damages are capped at the greater of two times the amount of compensatory damages or $500,000, and the cap is lifted if there is specific intent to inflict serious physical injury; the defendant intentionally falsified, destroyed, or concealed records of evidence to avoid liability; the defendant ...

What Is the Tennessee Wrongful Death Damages Cap? In Tennessee, there is no limit on the compensation that may be recovered for economic damages in a personal injury claim. However, recovery of non-economic damages is capped at $750,000. The same damages cap applies to wrongful death claims.

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Tennessee Settlement Agreement and Release in Wrongful Death Suit after Filing of Suit but Prior to Trial