View Poll Results: What would you do with the 2 million

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  • Buy everything I ever wanted

    8 25.81%
  • Donate it to worthy causes

    8 25.81%
  • A little of both

    15 48.39%
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Thread: A moral question

  1. #61
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    Re: A moral question

    Quote Originally Posted by Luna Tick View Post
    You're very noble. I just couldn't be quite so noble, I guess. However, I do know that any family member of mine would be happy to see my life enriched. If I died and my family got money from it, I would want them to enjoy themselves.
    I donít think it is a matter of being noble. It is a matter of not wanting to be reminded of the tragedy every time you look at what you bought. If I spent that money on a new house I would be reminded of my childís death every time I entered it. Iím certainly not judging people who react to loss differently than I think I would.

  2. #62
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    Re: A moral question

    I don't think I would even sue the dump truck company to start with. It was an accident, and it's certainly not going to bring the child back. If, for some unknown reason, I did sue, I could never use the money - not even a dime of it. I wouldn't want a daily reminder of where it came from.

    But no, I don't think I'd even sue. I'd want to move on from the memory of what happened, and if you sue, you are going to relive it over and over, for months. Just let it go. It's just money.
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  3. #63
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    Re: A moral question

    Quote Originally Posted by Lutherf View Post
    Hmm...have you ever heard of Paolo Solari - USA Arizona: ArcoSanti - mini documentary (Paolo Soleri) - YouTube
    Yes. About 20 years ago. If my memory serves correctly, I thought his target was for upper income homes and not anything I aspired to. You need new inventions to make renewable energy work. Not breathtaking, breakthrough tech, but simple solutions.

  4. #64
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    Re: A moral question

    Quote Originally Posted by Jetboogieman View Post
    Genuine query.

    How does one put a monetary value on the death of a child in the legal system?
    An economist does it calculating their estimnated lifetime earnings based upon their socio-economic class

    Quote Originally Posted by Goshin View Post
    The lawyers probably got 30-50%, then the government took about 45% of what was left, so they actually probably got to keep $550,000 - 700,000.

    Usually works that way.

    No money can replace a child. I'd probably pay off our debts and put the rest into trust funds for any other children I had, something like that. No I wouldn't feel right about using the money to "live it up" either.
    Money from personal injury/wrongful death are not taxable at the federal level, and as far as I know, that usually carries through to the states as well.

    Quote Originally Posted by Harry Guerrilla View Post
    It's harder to do with a child than it is with an adult.
    With an adult it's probable lifetime earnings + punitive, pain and suffering, if I understand it right.

    With a child, $2 million can be right around the area of potential lifetime earnings.
    Yes. Usually the case will settle for whatever the max policy limits are if they are less than that though because there is no point chasing money that is not there unless the dump truck driver was personally loaded which is doubtful. Depends on the state, but some will give you an additional bad faith claim against the insurance company if they do not pony up settlement money in a reasonable amount of time without probable cause to withhold it or deny the claim.

  5. #65
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    Re: A moral question

    Just those 3 choices? The reason why most lottery winners are broke and in some cases in worse financial shape in a few years after winning millions.
    Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011

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    Re: A moral question

    I won't come on here and bluntly lie...I wouldn't give it all to charity.

    I would make sure that I would have enough to get a few things and maintain a good lifestyle.

    I would also open a charity and start it out with about half of the two million settlement. From there, I would spread the message and take donations. I would try to multiply that first million as much as possible.

    Would I take the full 2 million and go to charity? Probably not....that is my honest answer.
    Libertarian and Atheist...wow I'm a hated man.

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    Re: A moral question

    Oddly enough, when my Mother was eight years old, she witnessed a toddler getting backed over by a dump truck. Same accident, different generation. Her brain responded quickly and censored the visual input so that she can't remember what it really looked like.

    Obviously, we need a ban on dump trucks.

    I would deposit the money into the 20 banks that it would require for FDIC protection. Then I would retire instantly on the spot. When I decided that the interest payments were way too high for maintaining my frugal life style, I would make healthy donations to many respected charities in my deceased child's name, for the rest of my life.
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  8. #68
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    Re: A moral question

    Quote Originally Posted by JC Callender View Post
    I would buy a state of the art robot to replace my kid.
    Even more heartless than my responce...
    Where were the parents at this time ?
    It looks bad , apparently allowing the two year old to roam unsupervised in dump truck terrotory..
    The two million should be returned and should never have been awarded, IMO.

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    Re: A moral question

    No amount of money can replace the child...IMO, its better that the dump truck company just pay the burial expenses...and this is more than they are obligated to do...The villain (if there is such a thing) is the parents who place their gain of wealth to be more important than the welfare of their offspring..
    Quote Originally Posted by Neomalthusian View Post
    My emotions would win on this one, and I'd probably donate a lot of it. It would be too difficult and confusing to feel like I was personally gaining from such a profound personal loss.
    And, no vote of course; where was other ???

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