If you reside in the Lone Star State, the short answer is that only Social Security Disability Insurance (SSDI) benefits may be subject to taxation, and only by the federal government. Whether your disability benefits are actually taxable, however, will mainly depend on the amount of your benefits and your other income. Every case is […]
The maximum Social Security Disability Insurance benefit in 2024 is $3,822 per month, but many people receive significantly less than this amount. A worker’s lifetime earnings are the primary factor in determining monthly SSDI benefits. If you have worked and paid Social Security taxes for five of the last 10 years and have become totally […]
Many Texas personal injury cases get resolved through insurance settlements or pretrial negotiations. However, some cases do end up at trial, where the outcome is left to a judge or jury. No two lawsuits are the same, and the reason your case goes to trial will be unique to your circumstances. Reasons Why Your Personal […]
In Texas, if you win your case, liable parties and their insurance companies are responsible for paying your court judgment. The liable party is the person, business, or entity whose negligent actions caused your injury and subsequent losses. Generally, the money you recover will likely be paid out by an insurance company covering the at-fault party. […]
Most of the money you might receive as a personal injury settlement or jury award in Texas will be tax-free. This means damages received for medical expenses or for pain and suffering are not taxable. Federal tax law exempts damages (other than punitive damages) received on account of personal physical injury or physical sickness, and […]
Your actions after a Texas car accident can considerably impact what happens in the following days, weeks, and months. It’s undoubtedly stressful, particularly if you think you may share the blame for the wreck and are worried about the possible consequences. Car crashes involving shared fault raise complex legal questions that can affect your ability […]
Personal injury settlements in Texas are typically paid out in either of two ways: as a lump sum or through a structured settlement. Lump Sum Payment A lump sum payment is one way to receive a personal injury settlement. This option provides the injured party with the total settlement amount at one time. A lump […]
Are you dissatisfied with your personal injury lawyer and wondering if you can fire them? The answer is yes. You can dismiss your attorney at any time without stating a reason. As a client, you deserve to be satisfied with the legal services your attorney provides. While you have the right to change attorneys, it’s […]
The team at Kraft & Associates, Attorneys at Law, P.C., successfully resolved a Social Security disability case for a veteran who had been injured in a car accident years ago and become disabled from the resulting neurological and mental decline. The veteran had struggled without success to maintain a regular work schedule and resolve his […]
After a Texas car crash, you may need medical treatment and rehabilitation for your physical injuries and emotional trauma. You have several options for covering the cost of your medical bills after a car accident, such as filing insurance claims or pursuing legal action against the other driver and any other parties at fault for […]
