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Are Lawsuit Settlements Taxable?

Published on Oct 21, 2022 at 8:36 pm in Personal Injury.

Are Lawsuit Settlements Taxable?

If you’ve received or will receive money from a lawsuit, you’re probably wondering if that money is taxable or not. The answer to that question is that it depends. Parties may file lawsuits and win settlements under a variety of circumstances. The situation that results in you being awarded a settlement will dictate whether you’ll have to pay taxes on it.

According to the Internal Revenue Service (IRS), lawsuit settlements are generally considered as income with one exception, which is when personal injury lawsuit settlements are involved. Below we’ll highlight some examples of personal injury legal matters that may warrant you filing a personal injury lawsuit before addressing rare circumstances in which you might have to pay taxes on the settlement you receive. Just know that the best way to know if your lawsuit settlement is taxable is by speaking with a certified public accountant (CPA), especially if the settlement sum is substantial.

Is Personal Injury the Same as Medical Malpractice?

Published on Oct 14, 2022 at 6:46 pm in Medical Malpractice.

It’s not unusual to hear the question: Is personal injury the same as medical malpractice? This is an understandable query, as a personal injury can result from medical malpractice. While the terms “personal injury” and “medical malpractice” do not mean the same thing, there can be some overlap.

What Are the Signs of a Brain Injury in a Child?

Published on Oct 7, 2022 at 9:16 pm in Brain Injury.

What Are the Signs of a Brain Injury in a Child?

Brain injuries are categorized as mild, moderate, or severe, but make no mistake—there is no such thing as a minor medical issue when a brain injury is involved. Any time a child is exhibiting symptoms of a brain injury, it is a medical emergency and should be treated as such.

As a parent, it is important to familiarize yourself with the signs of brain injury in a child. If your child suffers a serious fall or blow to the head and you notice any of the symptoms discussed in this article, or your child seems to be acting unusually or out of character, seek medical care immediately.

How Common Is Emergency Room Malpractice?

Published on Sep 23, 2022 at 8:39 pm in Medical Malpractice.

doctor upset

Taking a trip to the emergency room is a scary experience. Whether you suffered a fall, ingested a toxic substance, or experienced a sudden onset of troubling symptoms, you need to know there’s a place where you can be treated both promptly and effectively. But not every patient who visits the ER receives the level of care they deserve. How common is emergency room malpractice?   

If you or a loved one suffered emergency room negligence in the greater Philadelphia area, our experienced attorneys are ready to discuss your case. We have over 35 years of experience defending those harmed by medical errors, oversights, and omissions in our local health care facilities.  

What To Do After Being in an Out-of-State Truck Accident

Published on Sep 23, 2022 at 8:31 pm in Truck Accidents.

truck accident

Being involved in a truck accident is one of the most traumatizing events you may ever go through. The recovery time alone may take weeks, months, or even longer, and many victims’ maximum medical improvement falls short of their physical condition prior to the wreck. 

Your situation may be further complicated if you were in an out-of-state truck accident. If you were traveling through Pennsylvania at the time of your accident, you are likely unfamiliar with our local and state laws that will affect your truck accident claim and how you may recover compensation. 

Robert L. “Rob” Sachs, Jr. Recognized in 29th Edition of The Best Lawyers in America®️

Published on Sep 16, 2022 at 9:54 pm in Firm News.

Rob Sachs Only a select few attorneys are distinguished with the title The Best Lawyers in America®️—the top 5% of an elite pool of candidates gathered from across the nation. It is with great pride and honor that the entire team at Shrager & Sachs congratulates managing partner Robert L. “Rob” Sachs, Jr. for his outstanding accomplishment.

Rob was recently recognized in the 29th edition of The Best Lawyers in America®️ for Medical Malpractice Law – Plaintiffs and Personal Injury Litigation – Plaintiffs. He has been nominated and recognized consistently by Best Lawyers® since 2018.

Philadelphia Woman Struck and Killed by SEPTA Bus

Published on Sep 16, 2022 at 9:47 pm in Bus Accidents.

Shrager & Sachs law firm joins the rest of Philadelphia in mourning the senseless loss of a local woman. The 71-year-old woman was a resident of Philadelphia’s Germantown neighborhood and will certainly be missed by neighbors, friends, and loved ones.

At 9:21 p.m. on Aug. 16, 2022, the front right passenger side of a SEPTA bus struck the elderly woman, knocking her to the ground. After she was hit by the bus, the woman was then dragged for a significant distance before the driver finally stopped. The victim’s shoes were located approximately 60 feet apart.

Emergency medical services transported the woman to the Einstein Medical Center in North Philadelphia. She was pronounced dead at the hospital.

Record Traffic Fatalities Raise Questions About Reckless Driving

Published on Sep 2, 2022 at 9:34 pm in Auto Accidents.

Record Traffic Fatalities Raise Questions About Reckless Driving
Shrager & Sachs’ own managing partner Robert L. Sachs, Jr. recently made a poignant observation about a critical issue impacting our neighborhoods, city, and nation as a whole:

“Almost every day when I am driving, I see someone make an illegal, bad, and dangerous choice on the roads. It has become routine to see people running traffic lights, running stop signs, and swerving across the double yellow line to overtake traffic on busy secondary streets. This needs to stop. And those who engage in such behaviors must be held fully accountable for their negligence when they injure innocent victims on our roadways.”

Many of us have similar stories to share about the reckless behaviors we’ve observed with increasing frequency over the years since the pandemic’s onset—and studies conducted by the National Highway Traffic Safety Administration (NHTSA) show that the evidence isn’t strictly anecdotal.

What Are the Responsibilities of Doctors and Nurses During Childbirth?

Published on Aug 26, 2022 at 6:31 pm in Birth Injury.

What Are the Responsibilities of Doctors and Nurses During Childbirth?

If you’ve ever been in a birthing suite, whether delivering a child yourself or supporting a loved one with their childbirth process, then you’re likely aware of how tense it can be in that environment. The situation is not all that different in an operating room if you undergo a Caesarean section (C-section). In both situations, there are a lot of people crowded into a very small room, and you and your baby’s health and safety are contingent upon everyone knowing their role and doing what they’re trained to do.

One misstep a doctor, nurse, or surgical team member makes can cause you or your baby to suffer adverse health consequences or a person’s wrongful death. Below, we’ll explore doctors’ and nurses’ different responsibilities during childbirth. We’ll also highlight any legal options you might have if a health care provider breaches the duty of care they owe you.

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