Mesothelioma Victims Pay No Income Tax on Pain and Suffering Settlements and You Have no Risk in Hiring Us

Why is the mesothelioma victim’s pain and suffering not taxable?

“Pain and suffering” are terms used to describe the compensation that victims receive for physical and emotional troubles due to their injuries. Physical pain, decline in quality of life, loss of enjoyment in life, and emotional distress are a few reasons why one may be compensated. For a Pennsylvania mesothelioma victim this means all of the hospitalizations, draining of fluid, shortness of breath, operation to remove tissue for the biopsy, and the pain that occurs daily.

Pain and suffering damages are compensatory, meaning they are paid to make the mesothelioma victim “whole” again. Making the injured party whole again serves to restore them to the position they would have been in if the mesothelioma never occurred. If the injured party cannot participate in activities that they enjoyed previously to the injury—such as sports, hobbies, socializing, and more—they can be compensated for the loss of enjoyment of life.

IMPORTANT POINT: You have no risk in hiring us. We work on a contingency fee basis. Our firm will advance all the costs of the case. If nothing is recovered, you do not owe us anything. Click here to fill out our form and find out more. We are happy to give you a free consultation.

Other factors that may be used to ultimately decide the pain and suffering damages include: