Wrongful death settlements are generally non-taxable, according to the Internal Revenue Service (IRS). Since a wrongful death settlement is considered an allocation for physical injuries and sickness, it is exempt from most taxes. However, certain exceptions may apply in the case of punitive damages and other losses. If you aren’t sure whether any of your wrongful death settlement is taxable, […]
De Castroverde Blog
If you are injured due to someone else’s actions, your personal injury case may include charges for gross negligence. Gross negligence occurs when a person so recklessly fails in their duty of care that they seem to knowingly risk others’ safety. The consequences of gross negligence in a personal injury case vary depending on the facts of the case. Typically, […]
How Many People Die From Car Accidents Every Year in the US?
With approximately 46,000 fatal crashes on US roads each year, according to the Association for Safe International Road Travel (ASIRT), car accidents are one of the leading causes of death for Americans under age 55. Many factors contribute to these fatal crashes on US roadways, and many such fatalities are preventable. If you lost a loved one in a car […]
Following another vehicle too closely, also known as tailgating, is a bad idea for many reasons. When a driver tailgates, they cannot stop in time when the person in front of them brakes or turns. An aggressive tailgater may distract or frighten the driver ahead of them, increasing the chances of an accident. If you were struck by a tailgater, […]
The most common truck accidents include rollovers, jackknifing, tire blowouts, and wide turn accidents. If you or a loved one was injured in an accident with a large truck, you could pursue compensation through an insurance claim or personal injury lawsuit. De Castroverde Accident & Injury Lawyers can review your case and determine the appropriate legal action based on the […]
What Happens When an Unlicensed Driver Causes a Car Accident?
In the US, drivers must pass a series of tests to legally drive on public roads. While most drivers adhere to these laws, a small percentage of US drivers get behind the wheel without a license. When an unlicensed driver causes your car accident, there are ways to recover financially from your losses. If you need guidance after being hit […]
Why Grass Clippings Are Responsible for Motorcycle Accidents
Motorcycles rely on fine balance and a certain amount of friction between the tires and the road to remain upright. When debris like grass clippings, gravel, sand, and wet leaves prevent the motorcycle tires from direct contact with the road, the driver can quickly lose control at high speeds, with devastating results. If you or a loved one was injured […]
Personal injury attorneys get paid from a settlement if they charge what is called a contingency fee. Once you receive your settlement check, you must subtract some or all of the following expenses: Your representative’s attorneys’ fees The cost of fighting your case Medical liens Taxes What Are Attorneys’ Fees? Attorneys’ fees are the amount you pay a lawyer for […]
If you want help learning how to negotiate a personal injury settlement, you can ask a lawyer to walk you through the steps, which include: Collecting proof of your injuries and the at-fault party’s liability Calculating the monetary worth of your injuries and losses Determining how much of your losses the at-fault party should cover Sending a demand letter to […]
Important Questions to Ask Before Hiring a Personal Injury Lawyer
Among the important questions to ask before hiring a personal injury lawyer are: Have you handled cases similar to mine before? Will you keep me updated on my case’s progress? What happens if we run into difficulties? What kind of fee agreement do you usually use? How much do you think my case is worth? How long will my case […]