How much is your slip and fall case worth? That depends on the severity of your injuries, where the accident happened, who was at fault, and how…
Category: Settlement
Personal Injury Case Value Calculators
When you’ve been injured due to someone else’s negligence in Oklahoma, one of the first questions you’ll likely ask is, “What is my case worth?” While every…
What is a Personal Injury Structured Settlement?
A structured settlement provides compensation through scheduled, periodic payments rather than a lump sum. The defendant’s insurance company typically funds this by purchasing an annuity from a highly rated life insurance company, which then makes guaranteed payments to the plaintiff according to a prearranged schedule. Under Internal Revenue Code Section 104(a)(2), all structured settlement payments for personal physical injuries or sickness are 100% income tax-free, including any interest or growth earned within the annuity.
How Does a Lump Sum Settlement Affect Social Security Disability?
Getting hurt and accepting a lump sum settlement might change how much money you get from Social Security. However, this is a complicated issue. A lump sum…
