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
While losing a loved one is never easy, the loss can be especially traumatic if it results from another’s negligence. A loved one’s untimely death puts a significant emotional and financial burden on your family. In Nevada, you may be able to take legal action against the responsible party. This guide from De Castroverde will help you understand what’s involved […]
The loss of a loved one is never easy, especially when that person’s death is not natural. If the loss is due to medical malpractice or someone’s else negligence, it can add a significant amount of grief and confusion to the family members left behind. Like most states, Nevada has its own set of laws regarding wrongful death claims. Contact […]
Suppose you’ve recently lost a beloved family member in the most tragic way possible. We understand dealing with any fallout and legal proceedings is the last thing on your mind. You are considering your options under the law, but the terms can seem confusing or overwhelming even with a clear mind. What exactly is an accidental death? What is wrongful […]