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Are Virginia Personal Injury Settlements Taxable?

The settlement money you receive from a successful personal injury claim is intended to make you whole after the injuries and other damages you incurred by alleviating the financial hardships you experienced due to another person’s wrongdoing or negligence. One question that many personal injury victims have is “Is my personal injury settlement taxable?” Generally…

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How Does Maximum Medical Improvement Affect a Personal Injury Claim?

Unfortunately, there are many accident victims who never completely recover from their injuries. Instead, they come to a point in their recovery process where ongoing medical treatment is not likely to improve their condition. For instance, a victim might only be 75% as able-bodied as they were before their accident and that total is unlikely…

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Will a Judge or Jury Decide the Outcome of My Virginia Personal Injury Case?

According to the U.S. Department of Justice, just under 95 percent of personal injury lawsuits settle before they go to trial. These settlements are usually reached after negotiations between the injured party’s Virginia Beach personal injury lawyer and the at-fault party’s insurance company. Sometimes, the negotiation process is resolved quickly and efficiently, while other times,…

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