<Calculation of the self-employment income> – $150,000.00 (gross annual employment income during the last fiscal year) – less $50,000 (loss from self-employment to be subtracted = $100,000.00 Multiply by 70% equals $70,000.00 (our client earned no post-accident income.) This amount is then divided by 52 weeks to come to a weekly income replacement benefit of … Read More
self-employed
No double deduction in Tort law – May 10, 2022
-The client we represent was not “employed”, but had his own business and paid for his own long-term disability insurance. – Our position for the plaintiff – While deductions are necessary in many circumstances, a double deduction should not be permitted. – Why would the client, who was self-employed, and has paid for his own … Read More