Legal Calculators
LLC, settlement & business formation tools. All tools are free, instant, and updated for 2026.
LLC vs S-Corp Tax Comparison
Compare LLC vs S-Corp tax savings
Use calculatorLLC Formation Cost Calculator
Estimate LLC costs by state
Use calculatorPersonal Injury Settlement Calculator
Estimate your injury settlement
Use calculatorWorkers' Comp Settlement Calculator
Estimate workers' comp settlement
Use calculatorLiving Trust Cost Calculator
Trust setup vs probate cost
Use calculatorAbout Legal calculators
These estimate the cost of legal processes and the range a claim might settle in. They are orientation before a conversation with a lawyer, not a substitute for one, and the settlement tools in particular produce a negotiating position rather than an entitlement.
Two things drive most of the variation and neither is in any formula: which state you are in, and how well the situation is documented.
The ideas these tools share
- State law drives almost everything
- Settlement values, filing deadlines, fee caps and entity rules are set state by state, and the spread is wide rather than marginal. The same injury or the same business can produce materially different outcomes depending only on where it sits, so a national average is close to meaningless.
- Workers comp is a no-fault bargain
- You give up the right to sue your employer in exchange for benefits paid without proving fault. That is why pain and suffering is not compensable in a comp claim: it was traded away. Pain and suffering can only arise in a separate third-party action against a different defendant.
- The maximum weekly rate caps the benefit, not the wage
- Benefits are a fraction of your average weekly wage, capped at the state maximum. Applying the cap to the wage first and then taking the fraction understates a high earner badly, and because permanent disability awards multiply that weekly figure by hundreds of weeks, the error compounds.
- Entity choice is a tax election, not a legal shield upgrade
- Electing S-corporation status changes how income is taxed; it does not change the liability protection an LLC already provides. The saving comes from splitting income between salary and distributions, and it is bounded by what the IRS will accept as reasonable compensation.
- Estimates are for orientation, not valuation
- A settlement figure from any calculator is a starting point for a conversation. It cannot see your medical record, the strength of your evidence, or the insurer sitting across the table.
Which one do you need?
- You are starting a business
- LLC formation cost — and note the ongoing state fee matters more than the filing fee.
- You were injured and someone else was at fault
- Settlement calculator, which separates economic from non-economic damages.
- You were injured at work
- Workers' comp, which is a no-fault system that does not award pain and suffering.
- You are planning your estate
- Living trust cost, which compares setup against the probate it actually avoids.
- You are choosing a business structure
- LLC vs S-corp, where the election rather than the entity is what changes your tax.
Where these go wrong
Using a national average for a state question
Benefit caps, fee limits and deadlines are set by state and the spread is wide. A figure that is not tied to your state is not describing your claim.
Accepting the first impairment rating
The rating drives the permanent disability award directly, it is an opinion rather than a measurement, and most states allow it to be disputed. A few percentage points multiplied by hundreds of weeks is real money.
Closing future medical without pricing it
A lump sum that ends the insurer obligation transfers all later treatment cost to you. Where further surgery is foreseeable, that is the most expensive line in the agreement.
Setting an S-corp salary by a rule of thumb
There is no safe-harbour percentage. A salary below what you would pay someone else to do the job is the pattern the IRS reclassifies, with back taxes, interest and penalties.
Common questions
Is a settlement estimate what I will actually receive?
No. It is a starting range. Attorney fees, case costs and medical liens all come out before you see anything, and the at-fault party's insurance limits frequently cap the outcome regardless of what the claim is worth. The gap between a headline figure and what reaches you is routinely more than half.
Do I need a lawyer for any of this?
For a straightforward LLC filing, generally not — it is a short form. For an injury claim, a contested estate, a business with multiple owners, or anything where the other side has a lawyer, yes. These calculators help you arrive at that conversation informed rather than replace it.
Are the state figures current?
State filing fees and workers' comp rates are set by legislatures and change without much notice. Each page states when it was reviewed, and anything you are about to act on should be confirmed with the relevant Secretary of State or state agency.
Can I use a settlement estimate to negotiate?
As preparation, yes; as a demand, no. An estimate shows you roughly where a claim sits and which inputs move it. It cannot see your medical evidence, your jurisdiction's case history, or the specific insurer, and presenting a calculator output as a valuation weakens rather than strengthens a position.
Do I need a lawyer for a workers comp claim?
Not always. Straightforward claims with an accepted injury and a quick return to work often settle without one. Representation tends to pay for itself where the injury is permanent, the rating is disputed, the claim is denied, or future medical is being closed.
Why do these tools ask for my state first?
Because in this category the state determines the answer more than any other input. Benefit maximums, permanent disability schedules, attorney fee caps and filing deadlines are all state law, and they differ by enough to change the result several times over.