Structuring Taxable Damage Settlements
Written on September 1st, 2002 by david
Settlement Professionals Inc. Fast Facts 9, 2002
Until recently, structuring of settlements was generally limited to cases involving personal physical injury or sickness. New, innovative developments in the structured settlement industry have expanded structured settlements to include taxable damage causes of action, including wrongful termination, discrimination, harassment, intentional infliction of emotional distress, breach of contract, bad faith, and more (currently, damages representing lost wages cannot be structured due to federal withholding laws).
Filed under: Blog, structured settlements
