Wiki User
∙ 14y agoWhat you "stand to lose" depends on many factors, especially future medical expenses. Before you accept a lump sum settlement, sit down and calculate the different between that and payments over time. Lump sum settlements are attractive, especially to those without a lot of fiscal training, which is why they are offered: they save the company a great deal of money over time.
Wiki User
∙ 14y agoWorker's Comp payments are not taxable.
Worker's comp does not pay for mental stress
20-35 thous
You do not have to claim any of your worker comp benefits as taxable income see IRS publication 17 page 51.
Yes. The workers comp settlement is compensation for past injury and loss of earning capacity, and is a finite amount. Social Security disability is for inability to work in the present and future and may be a permanent monthly stipend.
If you are agreeable to the terms of the worksman's comp settlement then you don't need an attorney. However, if you are concerned your interests are not being met then you should consider hiring an attorney to represent you.
Have her start a claim with worker's comp. She will be assigned an atty-that's what it's for.
Worker Comp offers many services regarding injuries at work. If you are injured at work, Worker Comp will help you get the money and help you need from your workplace.
will i recieve a settlement after having back surgery workers comp
Yes, FMLA can be ran concurrently with Worker's Compensation. Many companies exercise their right to do so.
You're not likely to get a reliable answer to this question, as workers' comp settlement information is confidential in most states.
If you are injured on the job then you are entitled to workers comp regardless if you sue. You cannot sue the employer for an injury unless it is negligance. You can sue a third party though.