Is Your Personal Injury Settlement in Kentucky Subject to Taxes?
When Personal Injury Settlements are NOT Subject to Taxes As a rule of thumb, any monetary damages recovered via a personal injury settlement are not subject to state or federal taxation. This general exclusion from income taxation applies to settlements in which you recover damages for the expenses incurred as a result of your physical illness or bodily injury (e.g., after a car accident) and pain and suffering related to the physical injury. However, federal and state laws are subject to [...]READ MORE
What damages can I recover in my injury case?
In Kentucky, an injured plaintiff may recover the following in damages: (I) Past Medical Expenses – “The general rule of damages is that necessary and reasonable expenses for medical services may be recovered in a suit for personal injuries.” Paducah Area Public Library v. Terry, 655 S.W.2d 19, 23 (Ky. App. 1983); (II) Future Medical Expenses – “A plaintiff is entitled to recover the cost of future medical care where such damages are ‘determinable’ from the [...]READ MORE
How long will my case last?
That is not an easy question to answer. Each case is unique and each client has unique expectations. Complex cases that must be litigated can take years to resolve. Cases in which liability is clear and medical treatment is complete have the potential to settle quickly, sometimes within weeks, if the client is content with the defendant’s offer. We cannot promise results, but we will always be upfront with you about timelines as your case progresses.READ MORE
How much will it cost me to hire you as my lawyer?
Nothing out-of-pocket. We do not charge any kind of fee to talk to you about your case. If we take your case, we take it on a contingent fee basis, meaning we will receive a percentage of any recovery that we obtain for you. We will also be reimbursed from any recovery for expenses that we have incurred on your behalf (i.e. court costs, payments to expert witnesses, costs of deposition transcripts, etc.). If there is no recovery, you will not owe us anything.READ MORE