What is the Value of a Stay-at-Home Mom?
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Traumatic Brain Injury Attorney Explains Economic Damages
For stay-at-home moms who do not have their own income, it can be difficult for the courts to quantify the economic losses of traumatic brain injury. However, there is a way; in this video, Miami traumatic brain injury attorney Julie Kane explains how you can quantify both economic and non-economic losses for injured stay-at-home moms.
The stay-at-home mom is an integral part of her family, and without her to provide support, the family structure suffers. Seeking monetary damages through litigation against the party responsible for the brain injury is the best way to recover from the loss.
Putting a dollar value on the brain injury of someone who maybe doesn’t hold a job outside the home is one of the hardest things a lawyer can do. There are study after study after study that show that juries perceive women as the lower income family members, as the more needy family members and, generally, when you’re talking about someone who doesn’t work outside the home, you’re talking about a mother. The stay-at-home mother should be the most overvalued person in America, yet she is often the most undervalued person. There was a really interesting 2012 study out of the United States government that figured out the cost of a stay-at-home mother looking at things like what it would cost to have a nanny to do these things, what it would cost to have a tutor to help your kids with their homework, what it would cost to have someone drive your kids around and I think the number was something like $60,000 a year, and that’s in 2012 dollars. That number goes up and up and up every year. It is quantifiable under the economics of what courts will award, so you get both the economic damages for that stay-at-home parent and you also get the non-economic damages of the family members and of that stay-at-home mother for the pain and suffering that they deal with to actually bring it all back and try and give that family some sense of normalcy going forward.