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In general, personal injury settlement and verdict proceeds are not subject to state or federal taxes. However, there are three possible exceptions: (1) awards punitive damages, (2) damages for emotional distress, and (3) damages for lost wages. Depending on the case, these three types of damages can be taxable. 1. What is the general rule on …
You unfortunately suffered facial injuries and scarring in a recent car accident. Now, you are trying to heal and find compensation for your losses, like medical expenses. Is there something accident victims should know to help with the situation? Yes. There are four important pieces of information that car accident victims with facial scars should …
Imagine a loved one suffering a traumatic brain injury (TBI) following a car accident. While it is a mild TBI, expenses are piling up and there is a chance of long-term care. Is there a settlement value that you should expect to receive in a TBI or brain injury case? Your brain is a highly …
Police generally start investigating a California hit and run case by visiting the scene of the accident, interviewing the victim and gathering evidence. Law enforcement then go to identify the driver who fled the scene, usually by: piecing together the evidence they gathered, viewing surveillance camera footage (if available), brining the case into the news, …
Civil cases generally involve disputes between private parties such as personal injury lawsuits, contract disputes or divorce proceedings. By contrast, criminal cases involve prosecutions by the government against people or entities for committing crimes such as murder, domestic violence, DUI or fraud. There are five main differences between a civil case and a criminal case. …
Yes, unless the police show up. If the police arrive, then they will file an accident report with the Colorado DMV. But if no police come, then the drivers must file an accident report as soon as possible. People may file accident reports online as long as the following are true: Nobody died from the …