What a Forensic Economist Needs From a Life Care Planning Expert

In most legal venues, a life care plan must be converted to present value to become a measure of damages in litigation. This requires that an economic expert fully understand the life care plan presented by a life care planning expert. This paper considers problems that an economist may have in interpreting a life care plan and provides suggestions for how life care planning experts can assist an economist in overcoming those difficulties. The paper also considers difficulties an economist can cause for a life care planning expert and how the chances of those difficulties can be reduced.