Posts

Personal injury cases in California can range in severity depending on the nature of the accident that took place. Certain cases, such as car accidents or workplace injuries, can result in a substantial settlement for the victim to ensure that they can receive the necessary medical care and attention for the physical damage that they suffered. However, one of the most common questions that victims often ask is whether or not they are required to pay taxes on the income that they received from their settlement. 

The state of California has a specific set of rules that govern personal injury settlements and how taxes are applied. If you are in the process of researching the different aspects of settlements and the way that taxes affect them, one of the best decisions you can make is to work with an experienced personal injury lawyer who can provide answers to your questions. Remaining informed on the tax-specific areas of your personal injury settlement can help you avoid any unwanted financial surprises. 

What is a Personal Injury Settlement?

There are many different varieties of personal injury cases, and the details of each accident are important in how the settlement value of these cases is determined. For a majority of personal injury cases in California, a settlement is reached between the defendant and the plaintiff and the case never reaches a jury decision. 

Insurance adjusters on both sides of the case will work with legal representatives for the plaintiff and the defendant to reach a decision on what they believe the settlement award should be. Both sides determine their own specifications for what they believe to be a fair and adequate amount that appropriately reflects the details of the incident that led to the case. After this time, an agreement is reached and both parties must sign a document called a settlement agreement.   

What Factors Affect Settlement Value in California Personal Injury Cases?

Much like any other legal case, there are certain factors that need to be examined to determine an appropriate settlement value for a personal injury case in California. Various aspects of the injuries that the victim suffered, as well other damages, are considered before a settlement value is calculated. Some factors that can affect the amount awarded to the victim include:

  • Plaintiff’s Losses: The extent of the injuries that the victim suffered, as well as factors such as medical expenses or pain and suffering. Certain cases may involve punitive damages being paid as a punishment for negligent behavior by the defendant. 
  • Defendant’s Assets: The amount of income, or lack thereof, that the defendant makes can affect how much is awarded to the plaintiff. In some cases, the court can choose to garnish their wages or sell their assets to pay.
  • Defendant’s Liability: The liability placed on the defendant based on the evidence provided by the plaintiff and their legal representative. Providing indisputable proof of the defendant’s liability is an important element in obtaining a settlement.

If you are unsure of whether your personal injury case will be affected by any of these factors, a qualified California lawyer can help you navigate the complexities of settlement guidelines and how they may affect your recent personal injury case. 

California State Tax and Personal Injury Settlements

Luckily for plaintiffs in California personal injury cases, the majority of settlements are tax-free. However, according to the IRS, there are several different circumstances in which you may be required to file taxes for different types of settlements, including:

  • Medical expenses: You may be required to pay taxes if you paid for any medical costs for more than one year, or if you added an itemized medical deduction to your taxes, you may be required to pay “pro-rata” taxes on the medical expenses listed as deductions. 
    • Your medical settlement is tax-free if you did not previously take an itemized deduction for associated medical costs.
  • Non-economic damages: Any damages received for a reason not related to a physical injury or physical sickness may be subject to state tax.
  • Lost wages: Any awards for lost wages require you to pay tax since you would have needed to pay Medicare and Social Security taxes on them if you were capable of working.
  • Property damages: You are required to adjust the basis in your property according to the amount received in your settlement if your property was damaged during the accident and, if the settlement is more than the adjusted basis of the property, you will be required to pay taxes on the excess.
  • Punitive damages and interest: You are required to pay taxes on settlements that are received for punitive damages. These are taxed as “Other Income,” and it includes any interest that has accrued on those damages.

While the process of understanding California state tax in association with your personal injury settlement may be complex, it is important to know whether or not you will be asked to pay any additional fees when tax season begins. If you are still unsure of whether you will be asked to pay any additional taxes on your California personal injury settlement, the trusted lawyers at Younglove Law Group can help you find answers to all of your questions.

Dedicated Personal Injury Lawyers in California

Although facing the aftermath of a personal injury case can be challenging, it is important to find a reliable legal professional who can provide you with the legal counsel you need to ensure that you can move on after your settlement. The qualified California lawyers at Younglove Law Group are experienced in various personal injury cases, and they can help you find answers to all of your relevant legal inquiries.

When you need help after a personal injury case, call the team at Younglove Law Group at (949) 691-3660 or reach out to us online to set up a consultation with one of our dedicated personal injury lawyers in California.

May 12, 2021 – Sacramento, California: A motorcyclist was unfortunately severely injured in a Sacramento motorcycle crash with a semi-truck on Wednesday around 9:13 am. The Sacramento motorcycle crash occurred on Highway 51 near Howe Avenue, per the California Highway Patrol.

The motorcyclist was transported to the hospital for emergency medical treatment.

The cause of the accident remains under investigation.

Being involved in a motorcycle accident is a traumatic experience. Younglove Law Group extends our condolences to those involved in this accident as well as their families. Unlike car accidents, motorcycle accidents almost always involve severe injuries because there is often little to no protection for the rider once they are impacted by another vehicle. Because of this, it is vital that any injured motorcyclist retains a diligent and experienced motorcycle accident attorney to advocate for them.

If you or a loved one were involved in this accident, or one similar to it, we know what it takes to help win your case. We understand each case is different and deserves full individual attention. We have seen the impact being involved in a severe accident can have on a person’s life. The road to recovery and obtaining compensation for your damages is long and complex. Our Newport Beach motorcycle accident attorneys are here to help.

Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation. Our team is available 24 hours a day, 7 days a week. We are also available by online chat and text message.

For more information about this accident, please click here for help requesting the police report. Our team of attorneys is here to help you during this trying time.

If a family member would like this article removed for any reason, please click here, complete the form, and the article will be removed.

In the early morning of May 10, 2021 a large tree fell across the US-101 near Redcrest. The tree blocked traffic in both directions and caused several traffic accidents in a short span of time.

A white 2011 Kenworth semi-truck pulling a trailer was traveling southbound on the US-101 in the rightmost lane when it collided into the fallen tree, causing it to cross into northbound traffic, and careen off the other side of the road where it eventually stopped after going down an embankment. The semi-truck’s driver was tragically pronounced dead at the scene.

Fresno’s Marc Alexander Reichle was driving a red 2020 Jeep Cherokee northbound on the US-101 when he likewise collided into the tree, eventually coming to a stop in the northbound traffic lanes. Fortunately, he was ininjured.

Shortly thereafter, Ruben Anthony Sepulveda of Redway, who was driving a white 2017 Toyota Tundra on the southbound US-101, also collided into the fallen tree, eventually coming to a stop in the southbound lanes of traffic. Just after coming to a stop, a 2018 Ford F-150 driven by Mark Allen Taylor of Fortuna collided into the tree and then the Toyota Tundra before rolling onto its side.

Ruben Anthony Sepulveda was transported to St. Joseph Hospital in Eureka with severe injuries. Mark Allen Taylor reportedly suffered minor injuries, but the investigation is still underway.

The US-101 was temporarily closed to traffic. The CHP Garberville Area is investigating this traffic collision. Why the tree fell across the US-101 remains under investigation.

Losing a loved one in an auto accident is invariably a traumatic experience for those left behind. We at Younglove Law Group extend our deepest condolences to the family of the truck driver who unfortunately died in this incident, as well as to all of the other injured parties involved in this incident and their families.

If you or a loved one were involved in this accident, or in one similar to it, we know what it takes to help win your case. We understand each case is different and deserves full individual attention. We have seen the impact being involved in a severe accident can have on a person’s life. The road to recovery and obtaining compensation for your damages is long and complex. Our Newport Beach car accident attorneys and Newport Beach wrongful death attorneys are here to help.

Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation. Our team is available 24 hours a day, 7 days a week. We are also available by online chat and text message.

For more information about this accident, please click here for help requesting a police report. Our team of attorneys is here to help you during this trying time.

Source: https://kymkemp.com/2021/05/10/ferndale-man-dies-in-fatal-crash-early-this-morning-redway-man-with-major-injuries/

May 8, 2021 – Victorville, California: a 26-year-old Victorville man, Leonardo Enciso, was arrested after a crash with another vehicle that resulted from a high-speed chase.

A Victorville Police deputy observed the driver of a 2009 Infinity doing donuts in the Jocko’s Pub and Grill parking lot. Later identified as Leonardo Enciso, the driver failed to yield, which resulted in the pursuit down westbound Bear Valley Road. The driver was traveling at speeds of more than 90 miles per hour.

As the driver attempted to turn onto Highway 395 from Bear Valley Road, he collided into another car then exited his vehicle and began to flee on foot from deputies. The driver was quickly apprehended thereafter and taken into police custody. Leonardo Enciso was arrested after the crash for evading a Peace Officer with disregard for safety and is scheduled to appear in Victorville Superior Court on May 11, 2021.

It is unclear from initial reports whether the occupant of the vehicle Leonardo Enciso crashed into was injured in this accident.

Younglove Law Group extends their condolences to those involved in this accident and their families.

If you or a loved one were involved in the accident referenced in this article or in a similar accident, we understand the impact being involved in a severe accident can have on your life. The road to recovery and obtaining compensation for your damages is long and complex. Our Newport Beach car accident attorneys are here to help.

Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation. Our team is available 24 hours a day, 7 days a week. We are also available by online chat and text message.

For more information about your accident, please click here for help requesting a police report. Our team of attorneys is here to help you during this trying time.

Source: https://www.vvng.com/victorville-man-arrested-after-high-speed-pursuit-that-ended-in-a-crash/

May 11, 2021: Topeka, California: On Sunday night, a young child suffered life-threatening injuries in a Topeka accident. The child was hospitalized after she suffered life-threatening injuries in a head-on accident on Sunday night, just after 6:45 pm. Police responded to the scene of the accident near the 3000 block of SE California where a a silver passenger car that was traveling on northbound SE California had collided head-on into a gray SUV that was traveling on southbound SE California.

Known occupants of the silver passenger car include one adult and the young child who was hospitalized with life-threatening injuries, according to Topeka Police. The adult also suffered injuries, though their extent remains unknown.

Four occupants of the SUV were likewise taken to the hospital for emergency medical treatment. While their injuries are not believed to be life-threatening, the extent of their injuries also remains unknown.

Younglove Law Group’s car accident lawyers extend their deepest condolences to those involved in this terrible accident and their families. Our thoughts and prayers are with you during this trying time.

If you or a loved one were involved in this accident or one similar to it, we understand the impact being involved in a severe accident can have on your life. The road to recovery and obtaining compensation for your damages is long and complex. Contact Younglove Law Group to speak with dedicated Newport Beach car accident lawyers to obtain the justice, results, and attention you deserve.

Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation. Our team is available 24 hours a day, 7 days a week. We are also available by online chat and text message.

For more information about your accident, please click here for help requesting a police report. Our team of attorneys is here to help you during this trying time.

Source: https://www.wibw.com/2021/05/10/tpd-investigating-two-vehicle-wreck-in-se-topeka-on-sunday-evening/

May 10, 2021 – Apple Valley, California: The Apple Valley Fire Department responded to the scene of a major auto accident on State Highway 18 near Sierra Pelona Drive on Saturday night around 8:30 pm. As a result of the head-on collision, 4 people were killed and 1 was airlifted due to critical injuries.

A white 1994 Chevrolet Suburban and a 2021 Toyota Tundra were located at the scene, both with major property damage.

The critically injured person was airlifted to Arrowhead Regional Medical Center with life-threatening injuries.

Tragically, four people were pronounced dead at the scene, three from the Suburban and one from the Tundra.

Younglove Law Group extends its deepest condolences to those involved in this terrible accident and their families. Our thoughts and prayers are with you during this trying time.

If you or a loved one were involved in this accident, we understand the impact being involved in a severe accident can have on one’s life. For those lucky enough to survive, the road to recovery and obtaining compensation for your damages is long and complex. For those who were not so fortunate, losing a loved one is an incalculable loss. While there is nothing that can be done to undo the past, Younglove Law Group can connect you with a dedicated Newport Beach wrongful death lawyer to help get you the justice, results, and attention you deserve. Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation.

Click here for help requesting a police report. An experienced wrongful death lawyer may be able to help you obtain a copy of the police report.

Source: https://www.vvng.com/4-killed-1-airlifted-in-apple-valley-crash-saturday-night/

May 10, 2021 – Sylmar, California: A crash left one person dead, 2 injured on West Foothill Boulevard near the 210 and 5 freeways in Sylmar on Sunday night around 9:30 pm.

When firefighters responded, they freed 2 people who were trapped inside a vehicle. Their condition remains unknown.

Another person was pronounced dead at the scene.

If you or a loved one were involved in this accident, we understand the impact being involved in a severe accident can have on your life. The road to recovery and recovering compensation for your damages is long and complex. Our Newport Beach car accident attorneys are here to help. Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation.

If you or a family member were involved in this incident and would like more information, please click here for help requesting a police report. Our team of attorneys is here to help you during this trying time.

Source: https://ktla.com/news/local-news/fatal-crash-in-sylmar-leaves-one-person-dead/

If a family member would like this article removed for any reason, please click here, complete the form, and the article will be removed.

Believe it or not, even low impact car crashes can lead to injuries that prompt chronic pain and prevent you from living life to the fullest. If you experienced a low impact car crash in California recently, you might want to see a doctor just to make sure you did not sustain injuries. If you do find that you suffered an injury, you may be able to seek compensation with the help of an attorney. When it comes to low impact crashes, however, it may be more challenging to prove your injuries through the personal injury claims process. A skilled personal injury lawyer with Younglove Law Group may be able to protect your interests and help you seek fair compensation. 

What is Considered a Low Impact Car Crash?

Low impact car accidents occur when vehicles collide while traveling at slow speeds. Often, the resulting property damage is limited to dents and scratches. Most commonly, these accidents are referred to as “fender-benders.” In some cases, drivers and passengers may sustain injuries in these seemingly minor crashes. 

Injuries You Could Sustain in a Low Impact Car Crash

Many low impact car crashes result in little to no damage to vehicles or drivers and passengers; however, while damage to vehicles might be minor, victims can still sustain life-changing medical conditions. Some common injuries after a low impact car accident include: 

  • Whiplash. This injury is caused when the neck moves back and forth rapidly during a collision. Common symptoms include neck pain, headaches, blurred vision, and memory problems—all of which can take months or in some cases, years to resolve. 
  • Traumatic brain injury (TBI). TBIs occur when a crash causes a dramatic jolt to the head, or the brain is penetrated by an object—such as a windshield. TBIs can cause lack of mobility, restricted vision, memory loss, and other brain-related issues. 
  • Back pain. Most commonly, low-impact crashes cause herniated discs, which occur when the discs that cushion the vertebrae are damaged. As a result, people affected can struggle with back and leg pain. 

Remember, these are just some of the more common types of injuries you could sustain in a low impact collision. If you have developed any medical conditions as a result of a car accident—no matter how “minor” the injury or accident may seem—it is important to work with a personal injury attorney to obtain a favorable outcome regarding your claim. 

Damages That May Be Recovered after a Low Impact Crash

There are several types of damages you can seek when pursuing a low impact accident claim. Among the primary losses you will sustain when you are injured as a result of a low impact crash is medical expenses.  

Injuries from a fender-bender could be as minor as a few bruises or as severe as a traumatic brain injury (TBI). To complicate matters further, many injuries associated with low impact accidents—such as whiplash—may not present immediate symptoms. If you are involved in any kind of car accident, it is essential to undergo a thorough medical examination as soon as possible—even if you do not feel any obvious signs of injury or pain. 

Some examples of medical expenses you may be able to recover when you work with an injury attorney include:

  • The costs of physical therapy
  • The costs of medical appointments
  • The costs of appointments with specialists
  • The costs of your initial hospital visit
  • Emergency room and ambulance expenses
  • Medical equipment you may need to recover
  • The cost of psychological therapy
  • All past, present, and future medical expenses due to the accident

In addition to medical expenses, you may also be able to recover funds for property damage and emotional pain and suffering. The best way to ensure all your damages are accounted for is to work with a skilled personal injury lawyer. 

Contact the Car Accident Attorneys at Younglove Law Group Today

In the aftermath of a car accident, it is easy to feel overwhelmed with stress. However, seeing a doctor in a timely manner will not only assess any potential injuries, but also ensure you have the proper documentation to support your claim. Working with a skilled car accident lawyer in California as soon as possible after the crash is the best way to ensure you take critical steps for your protection. 

At Younglove Law Group, we are proud to offer quality legal representation to individuals who have suffered injuries from car accidents in California. Our Newport Beach law firm focuses exclusively on personal injury cases and specializes in claims involving catastrophic and fatal injuries. Our attorneys take a client-focused approach to our cases, always ensuring our clients feel prioritized and heard. Call our top-rated car accident lawyers at (844) 810-1800 or fill out our online contact form for a free and confidential consultation. 

May 9, 2021 – Victorville, California: A severely injured motorcyclist was airlifted from a crash on La Mesa Road near Pacoima Road at 4:52 pm on Mother’s Day. Witnesses state the motorcyclist impacted the rear of a 2019 Honda Accord before bursting into flames.

Firefighters responded and extinguished the fire before requesting that the motorcyclist be airlifted from the scene.

The driver of the Accord and her two young daughters sustained cuts from the broken glass.

If you or a loved one were involved in this accident, we understand the impact being involved in a severe accident can have on your life. The road to recovery and recovering compensation for your damages is long and complex. This is particularly the case with California motorcycle accident claims because California is a pure comparative negligence jurisdiction. That means even if you are placed primarily at fault, you may still have a case. Our Newport Beach motorcycle accident attorneys are here to help.

Call Younglove Law Group at (844) 810-1800 for a free and confidential consultation. Our team is available 24 hours a day, 7 days a week. We are also available by online chat and text message.

If you or a family member were involved in this incident and would like more information, please click here for help requesting the police report. Our team of attorneys is here to help you during this trying time.

Source: https://www.vvng.com/motorcyclist-airlifted-from-crash-on-la-mesa-rd-in-victorville/

If a family member would like this article removed for any reason, please click here, complete the form, and the article will be removed.

In personal injury cases, injured parties seek compensation from the negligent parties responsible for their injuries and other losses. When discussing these legal actions, you may come across the terms “economic damages” and “non-economic damages.” In personal injury terms, damages refers to the financial compensation an individual who sustains injuries due to another party’s negligence may receive upon the settlement of their claim. 

To break matters down further, compensation may come in several forms. Economic and non-economic damages are terms that refer to the types of compensation that may be recovered. The total sum a victim of a personal injury accident may receive depends on a variety of factors pertaining to their case and typically includes the total financial losses they incurred because of the accident. 

Anyone who takes a financial hit in the form of property damage, medical injuries, or psychological suffering because of another person’s or entity’s negligence may have the right to file a claim against the liable party for compensation. Meeting with a skilled California personal injury lawyer is the best way to determine whether you qualify for compensation, and if so, how much. 

What are Economic Damages in California?

Economic damages, also known as special damages, are the actual quantifiable losses a victim incurs. These losses usually have a specific monetary value because they consist of expenses for which there are records. Common examples of economic damages include:

  • Lost wages
  • Medical expenses (both past and future)
  • Property damage

In the majority of personal injury cases, medical bills form a substantial portion of the awarded compensation. If you are injured through no fault of your own, you may be on the hook for the following healthcare-related expenses:

  • Hospital bills
  • Doctor’s appointments
  • Medication costs
  • Physical therapy sessions
  • Psychological therapy
  • Ambulance bills
  • Medical equipment

Lost wages are also tangible losses a person may suffer due to being unable to return to work. If you incurred lost wages due to a car crash or other accident, your attorney may be able to review your pay stubs and calculate the extent of your lost wages. If you suffered a severe injury and will be out of work for some time, or if you will not be able to return to the same type of job due to your reduced abilities, a knowledgeable attorney can calculate your lost earning capacity.

Your attorney will add up all your tangible financial losses to calculate your economic damages. 

Understanding Non-Economic Damages in California

Unlike economic damages, non-economic damages, also known as general damages, are more abstract and are thus much more challenging to calculate. Non-economic damages are awarded to compensate victims for losses on which they cannot easily quantify. Non-economic damages reflect long-term or lifelong changes in a person’s quality of life. They are more common in accidents which resulted in catastrophic injuries that require victims and their families to make dramatic changes to their day-to-day lives.

Common examples of non-economic damages include: 

  • Emotional pain and suffering
  • Loss of enjoyment of life
  • A negative change to the plaintiff’s reputation
  • Loss of friends
  • Accident-related disabilities
  • Psychological distress

Determining a monetary equivalent for non-economic damages is not straight-forward like it is for economic damages. There is no standard formula for calculating pain and suffering; however, skilled injury attorneys may use different approaches to come to a numerical figure. The “multiplier method” is a common means to approximate a fair financial sum.

Contact the Personal Injury Attorneys at Younglove Law Group Today

Incurring losses from an accident that was not your fault can be a deeply frustrating experience. Specifically, seeking compensation for your non-economic losses can be especially challenging. The best way to secure the compensation you deserve for your emotional pain, suffering, and hardship is to work with a skilled California personal injury lawyer.

At Younglove Law Group, we are proud to offer quality legal representation to individuals who have suffered injuries from accidents in California. Our Newport Beach law firm focuses exclusively on personal injury cases and takes a special interest in claims involving catastrophic and fatal injuries. Our attorneys take a client-focused approach to our cases, always ensuring our clients feel prioritized and heard. Call our top-rated personal injury lawyers at (844) 810-1800 or fill out our online contact form for a free and confidential consultation.