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Is The Money Received From A Successful Legal Case Taxable?

Is The Money Received From A Successful Legal Case Taxable?

When a case ends successfully (either by a judgment from a Court or a settlement), frequently the plaintiff will be awarded money damages.  One question that arises after the recovery of money damages from a personal injury lawsuit or other types of cases is whether the damages can be taxed.

The answer is: it depends.*

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Why Is My Lawsuit in This County?

Frequently Asked Questions:

Why Is My Lawsuit in This County?

Map of Texas counties for lawsuit reference from Watts Guerra
Image Credit: www.texaslawyers.com

Texas is comprised of 254 counties. A personal injury lawsuit or other types of commercial litigation filed in the state courts of Texas must be brought in one of those counties.  The question is: which county?

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What Court Will My Case Be in and Why?

Frequently Asked Questions:

What Court Will My Case Be in and Why?

What court will my case be in and why with Watts Guerra Law Firm located in Texas and California.

In the United States, there are essentially two different justice systems for resolving personal injury lawsuits and other types of civil lawsuits.

There are federal courts, which are primarily created by the United States Constitution (though some specialty courts, like Bankruptcy Courts are created by the other branches of government). There are also state courts, which are principally created by state governments.

Determining which system will decide a civil suit — which is a question of which court system has jurisdiction — depends upon the answers to a couple of questions.*

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How Long Will My Lawsuit Take?

Frequently Asked Questions:

How Long Will My Lawsuit Take?

How long will it take my lawsuit / case to finish with Watts Guerra

We understand that our clients come to us in a time of need.  The last thing you want is a lengthy court battle.  While we wish we could give you an exact time frame, the nature of litigation and the United States court system make that impossible. The length of a case can vary widely based on many factors.  Below are just a few.

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