Munley Law Blog

Are Personal Injury Lawsuit Settlements Taxable?

Posted August 5th, 2024 by Munley Law Personal Injury Attorneys.

The tax implications of personal injury settlements can be confusing, but Munley Law is here to help. Are Personal Injury Lawsuit Settlements Taxable? Let our legal team at Munley Law Personal Injury Attorneys provide the clarity and expertise you need to handle your personal injury settlement with confidence. We will guide you throughout the process of your lawsuit as well as any tax implications. Talk to a personal injury attorney at Munley Law today for a free consultation.

Are Settlements Taxable?

Under the Unites States’ federal tax law, personal injury settlements are generally not taxable. The Internal Revenue Service (IRS) exempts these settlements from taxation to safeguard injured victims seeking compensation from additional financial stressors.

Non-Taxable Components of Personal Injury Settlements

“The amount of any (other than punitive damages) received…on account of personal physical injuries or physical sickness [are exempt] (IRC, […]

Read More

Spine Injury from a Car Accident

Posted August 5th, 2024 by Munley Law Personal Injury Attorneys.

Car accidents can result in devastating outcomes, with spinal injuries being among the most severe. Understanding the different types of spinal injuries, recognizing their common symptoms, and being aware of treatment options and potential compensation can help accident victims deal with these challenging circumstances. This blog provides essential information about spinal cord injuries that can occur from vehicle collisions.

Impacts of a Spinal Cord Injury from a Car Accident

Victims of motor vehicle accidents often face immediate physical and mental health challenges, with long-term effects that can drastically reduce their . Unfortunately, many accident victims may have to endure chronic pain due to spinal cord damage, nerve pain, or degenerative conditions for the rest of their lives. The moments immediately following a car crash are critical for the victim, as timely medical attention can significantly impact recovery.

MRI of spinal cord with doctor pointingCommon injuries, […]

Read More

Traumatic Brain Injury After a Car Accident

Posted August 1st, 2024 by Munley Law Personal Injury Attorneys.

Traumatic brain injury () resulting from a motor vehicle accident can cause severe damage to the brain during a collision. The force of the impact may cause the brain to move violently within the skull, leading to injuries that range from mild concussions to severe injuries with permanent damage. Medical care is essential after such traumatic injuries to prevent further complications. Patients recovering from TBIs often face cognitive impairments, emotional instability, and depression, along with physical symptoms like of balance and double vision. Medical professionals emphasize that untreated TBIs can escalate into more serious conditions, such as secondary brain injury, where the brain experiences further damage in the hours to days following the initial impact.

Head-On Collisions: The Leading Cause of Traumatic Brain Injuries

car Accident Resulting in a Crushed Cars that need a car accident lawyerIn head-on collisions, where the front of a vehicle strikes another object or car, […]

Read More

How Long After a Car Accident Can You Sue in Pennsylvania?

Posted August 1st, 2024 by Munley Law Personal Injury Attorneys.

In Pennsylvania, you generally have two years to file a lawsuit if you’re involved in a car accident and considering seeking . This means that after two years, you may lose the right to sue for your car accident case, so actingHow Long After a Car Accident Can You Sue in Pennsylvania? within this period is essential to make sure your case is heard.

At Munley Law Personal Injury Attorneys, we specialize in personal injury cases, including those resulting from car accidents. Our seasoned car accident attorneys are adept at handling these tough cases and work hard to get you the compensation and justice you deserve.

Munley Law provides comprehensive support, guiding you through every step of the legal process to make it more understandable and less overwhelming. Our expertise and dedication help accident victims confidently face the legal system, ensuring their rights are protected, and their voices are heard. […]

Read More

How Long Do I Have to Sue a Hospital?

Posted July 31st, 2024 by Munley Law Personal Injury Attorneys.

Millions of people entrust their health and safety to medical professionals daily, believing they are in good hands. This trust is a testament to the high standard of care that hospitals are expected to uphold. However, there are instances when this trust isHow Long Do I Have to Sue a Hospital broken, and healthcare providers fail to meet this standard, leading to medical errors that harm patients. This is what we refer to as medical .

Medical malpractice occurs when a healthcare provider’s action or inaction deviates from the accepted standard of care, directly harming a patient. Examples of medical malpractice include misdiagnosis, birth injuries, and . These errors can have severe consequences, damaging the trust in doctor-patient relationships and causing significant harm.

If you have been a victim of medical malpractice, understand that you cannot take legal action at any time. Specific time limits, known as statutes of limitations, […]

Read More

Load More Posts
LCA
PA Bar Association
top 100
Super Lawyers
Best law firms
best lawyers
top 1% of trial lawyers
av
Irish Legal
BBB Accreditation Badge The information contained on this website does not create an attorney-client relationship nor should any information be considered legal advice as it is intended to provide general information only. Prior case results do not guarantee a similar outcome.
855-866-5529
Back to Top