Comments for Injury Settlement Lawyer

Comment on San Diego Personal Injury Attorney: Can You Renegotiate Your Settlement? by benglasslaw

benglasslaw — Sat, 04 Sep 2010 09:43:28 +0000

Mr. Jurewitz is …
Mr. Jurewitz is right. Look, you may not need to actually HIRE an attorney before signing those papers the insurance company sends you but you should at least have the papers reviewed. Yes, you might have to pay for the review but its well worth it. The worst thing that you could do is to sign the release papers today and find out in a months that you need surgery/future care. You will not be able to go back to the insurance company for more money at that point.

Comment on San Diego Personal Injury Attorney: Can You Renegotiate Your Settlement? by WVInjuryLawyer

WVInjuryLawyer — Sat, 04 Sep 2010 09:43:28 +0000

Thanks for the …
Thanks for the information regarding California law

Comment on San Diego Personal Injury Attorney: Can You Renegotiate Your Settlement? by Lauraelizabeth424

Lauraelizabeth424 — Sat, 04 Sep 2010 09:43:28 +0000

Is there a formula …
Is there a formula you use to come up with the value of my case?

Comment on San Diego Personal Injury Attorney: Can You Renegotiate Your Settlement? by JurewitzLawGroup

JurewitzLawGroup — Sat, 04 Sep 2010 09:43:28 +0000

@Lauraelizabeth424 …
@Lauraelizabeth424 It all depends on the case, so, no there isn’t a simple formula that I would recommend. Our knowledge comes from years of negotiations and knowing what insurance companies should offer before trial AND what juries award after trial. That is the important skill and knowledge that comes with hiring a skilled trial attorney.

Comment on Is a personal injury settlement taxable if lost wages are included? by garyg7

garyg7 — Fri, 27 Aug 2010 18:29:59 +0000

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
References :

Comment on Is a personal injury settlement taxable if lost wages are included? by Helen, EA in PA

Helen, EA in PA — Fri, 27 Aug 2010 17:49:59 +0000

If the wages are part of the injury suit, they are not taxable to you. No settlement for personal injury is taxable unless there is interest accrued after the settlement but before the completion of the check.

The paperwork must be completely read in order to know if the wages are a part of the injury.

Helen, EA in PA
References :

Comment on Is a personal injury settlement taxable if lost wages are included? by Judy

Judy — Fri, 27 Aug 2010 17:42:59 +0000

Be sure they designate how much is for lost wages and how much for other things. The lost wages part is taxable.
References :

Comment on Personal Injury claim and who to use? by Way

Way — Fri, 27 Aug 2010 17:20:59 +0000

call attorney at law Benito Carmelo, strong but sleezy, settling frivelous suits since 1991
References :

Comment on Is a personal injury settlement taxable if lost wages are included? by Jss

Jss — Fri, 27 Aug 2010 17:08:59 +0000

Settlement for injury is not taxable. If it is for lost wages or interest, it is taxable.
References :
http://taxipay.blogspot.com/2008/08/us-income-tax-topics-1.html

Comment on Miami Personal Injury Law Firm – Chalik and Chalik – Video by A record backlog in US immigration courts | LawsuitBlog.info

A record backlog in US immigration courts | LawsuitBlog.info — Tue, 24 Aug 2010 20:39:08 +0000

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