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Top Personal Injury Attorney – Personal injury lawsuits – If you have unfortunately suffered any sort of personal injury which was caused by another person, you could be entitled to compensation. Therefore, you will need to find yourself a good personal injury attorney in order to see whether you have a valid claim you can bring to the Court.
So what exactly is classified as a personal injury? It can be anything from being involved in a motor vehicle accident, for medical negligence, if you slip and fall somewhere, suffer an injury from a defective product, get bitten by a dog or perhaps suffer an industrial disease from your place of work. Throughout most states across the USA the court would expect the person bringing a claim to the court to mitigate (minimize) their financial losses as a result of the incident.
Lawsuits for personal injury are intended to claim compensation for things like medical bills past and present, pain and suffering and loss of wages. They are highly complex legal matters which involve preparing a great deal of paperwork on the part of the lawyer for the client. There are also different statute of limitations applied to different types of injury.
The amount of compensation awarded for each claim will be considered against the seriousness of the injury sustained and whether there will be any continuing long-term effects as a result of the incident. Pay outs for personal injury lawsuits can be paid out by way of a lump sum settlement figure or a structured settlement which means the payments are made over a duration of time. Some successful Plaintiff’s may also receive additional damage awards if the court feels that the Defendant’s conduct was extremely careless.
Any monies awarded as a settlement for a claim are non-taxable by the IRS, provided there is no itemized deductions taken for any previous years medical expenses. If any portion of a settlement is allocated for wage loss, then the compensation payment will become taxable.
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Top Personal Injury Attorney – Personal injury lawsuits