Personal injury settlements are generally not taxable in California, but there are some exceptions. Here are the details you need to know about the tax effect of personal injury settlements if you live in Carlsbad, CA. General Tax Treatment In most situations, personal injury settlements are not taxable because they are not considered income….
Because pain and suffering damages do not have a direct financial value tied to them the same way that medical bills or property repairs do, they can be difficult to assign such a value to. Properly valuing these damages requires a Carlsbad personal injury attorney who understands what is included in this form of…
Yes, you can usually switch your Carlsbad personal injury lawyer during your case in California. However, there are some important matters you should consider before making this decision. Ability to Find a New Lawyer The most important consideration is whether you will be able to find a new lawyer if you terminate your relationship…
If you have been injured in an accident caused by someone else’s negligence, you could be owed considerable compensation for your injuries, which could be paid through a settlement. Determining the type of settlement structure that best suits your needs is a crucial consideration. The two major settlement options are lump-sum and structured settlements….
Personal injury accidents can leave behind serious injuries, many medical bills, and a financially uncertain future. You have the right to pursue compensation from the party responsible for your injuries by filing a Carlsbad personal injury claim against them. Knowing the strategies that can best bolster your case can make a significant difference in…
Most Carlsbad personal injury cases are resolved without the need for litigation. This is usually done by filing an insurance claim with an at-fault party’s liability insurance or commercial liability insurance policy. Litigation occurs when a personal injury victim files a lawsuit against the at-fault party. There are several aspects involved in litigation, including:…
One of the most common questions our Carlsbad personal injury law firm receives is, “How long will my case take?” You’re rightfully concerned about when you can expect to receive your settlement check after being taken out of commission because of an injury you sustained in an accident someone else caused. Unfortunately, we cannot…
If you were involved in a car accident in Carlsbad, California, you might be worried about its impact on your driving record and insurance rates. An accident can stay on your driving record for three years or longer. The amount of time an accident stays on your record and the number of points on…
Some car accident victims don’t hire a lawyer because they are afraid they can’t afford one. After all, they are already facing unexpected expenses from medical bills, lost wages, and repair costs. However, pursuing a car accident claim on your own can put you at a disadvantage. Insurance companies often exploit unrepresented claimants, resulting…
California is an at-fault state for car accidents, so determining who is at fault becomes a critical question in many cases. Consulting with an experienced Carlsbad car accident attorney can help ensure you properly navigate fault determination and protect your rights. Here are the parties who may help determine fault and the steps they…