Injury Settlement Lawyer

So I was rear-ended a few weeks ago and I’m still having pain. I’ve gone to Urgent care and they gave me pain killers but I am still having symptoms. What should I do and what type of settlement is "reasonable" for these types of injuries?

In many states, you aren’t entitled to any pain and suffering for these types of injuries. Generally, it takes up to six weeks for them to fully resolve, but they DO resolve, with no treatment at all.

In states where you can sue, you’ll likely get medical bills, lost wages, and maybe $500 on top of that.

http://www.iwantmylawyernow.com Workers comp settlements can be a crucial part of your financial future if you have been injured at work. Learn more about your rights and exploring legal options that can help you to get the settlement you deserve. Call for a free consultation 800-870-7277.

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I am going to receive a settlement and part of it is for my time off work from when I was hurt and off work for 7 months.I was injured and they are taking full responsibility for my injuries.

If it isn’t too late, have your lawyer review the papers. The company paying the settlement would prefer that as much of the money as possible be considered as taxable to you. Punitive damages are not taxable to you nor are they deductible on the company’s tax return.

Compensation for lost wages: taxable
medical expenses: nontaxable (most likely)
punitive damages: nontaxable
compensation for damaged personal property: probably not taxable (if you paid $3K for a car for which you receive $4K from insurance, $1K is taxable capital gain)

I hope this helps.
Gary

Callahan & Blaine is California’s Premier Litigation Firm. Founded in 1984, Callahan & Blaine has been achieving record-breaking verdicts and settlements for over 25 years in all areas of complex litigation. For example, Callahan & Blaine has the highest jury verdict in Orange County history, a $934 million jury verdict achieved after a three-month trial in Beckman Coulter v. Flextronix, a complex business litigation case. Likewise, in a complex of municipal liability cases, Callahan & Blaine obtained a $50 million settlement that has been certified by West Trial Digest as the largest personal injury settlement in the history of the United States.

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Please review some of our verdicts and settlements to learn how Capron and & Avgerinos has helped its injured clients. Chicago office: 55 West Monroe, Chicago Illinois. Quad cities office: 5030 38th Avenue, Moline, Illinois 61265. www.capronlaw.com

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For example, I went through physical therapy due to injuries sustained from an auto accident. My health insurance company paid for the physical therapy. Once the claim is settled, will part of the amount of the settlement be used to reimburse my health insurance company for the physical therapy?

Depends on your health insurance policy wording and whether or not they make it a practice to seek reimbursement. They may have already put a lien on the settlement. This is not something we can answer for certain, you will have to find out from your HEALTH insurance company. In my claims experience the only companies I saw try for recovery were government (medicaid and medicare) or self-insured companies.

I live in Indiana and was served with divorce papers today. My husband was just awarded a huge settlement from a work injury and now he wants a divorce. He says Im not entitled to a penny. Am I entiltled to 50%.? Does anyone know the Indiana laws on this?

Since he filed for divorce after the settlement, contact a lawyer to see if you are entitled to any of the settlement.

Contact a family law specialist if children are involved. They may cost more, but they know family law.

Mine was injury due to emotional distress and abuse.

The punitive part and the emotional distress part of the settlement are taxable income on your tax return. Personal injury (non-punitive part) is not taxable.

http://www.weberandnierenberg.com/settlements.php
San Francisco Bay Area Personal Injury Settlements. The following are samples of recent settlements we procured on behalf of our clients. While no one can guarantee any results in a particular case, these settlements provide samples of the types of claims we handle and our successes at Weber & Nierenberg. Serving San Francisco, Oakland San Rafael, San Jose and Northern California. Call Today! 1-866-288-6010.

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I recently recieved my settlement for a job related injury and would like to invest my money in a CD. Would i have to pay taxes on the interest earned on this investment?

It doesn’t matter where the money comes from; if you invest it and earn interest the interest is taxable. Here is a suggestion however; visit with a stockbroker and put the money into TAX EXEMPT instruments. A state bond pays interest that is not taxable by the IRS and also not taxable by the state that issues it. Example; in Montana a Board of Housing Bond is taxed by neither fed nor state and rate of interest is higher than a CD. They are usually tripple A rated and insured so civilization would collapse before anything is placed at risk.