Income from Florida personal injury lawsuit settlements is not taxed, but there may be some exceptions. Any compensation for damages not directly related to your injuries is considered an exception. Are Settlements from Florida Personal Injury Lawsuits Taxable? Under the law, Florida personal injury settlements are usually considered liability instead of assets. As a result, …
Florida doesn’t place a cap on the amount of damages for mental trauma in a personal injury case unless medical malpractice is involved. In the event it’s a medical malpractice case, it is capped at $500,000. Does Florida Allow You to Sue for Mental Trauma? Florida, like all other states, allows victims of personal injury …
Only around 3% to 5% of all Florida personal injury claims end up going to court to be settled. According to the US Department of Justice, the national average is about 3-4%. In most cases, the parties in personal injury actions reach settlement agreements on their own. Why Do Most Personal Injury Cases Never Go …
Vehicular manslaughter comes with a punishment that can vary between 3 and 20 years in prison. However, the average prison sentence for vehicular manslaughter is just over 9 years. Vehicular homicide, on the other hand, comes with a sentence that’s typically between 9 and 30 years. If you stay on the scene after the accident, …
Settling a car accident claim in Florida takes between a few months to several years. The duration depends on the specifics of your case and factors such as the severity of the accident, the complexity of the legal matter and insurance coverage can all affect the time it takes for your case to be settled. …
