A friend of mine received a large cash settlement in a vehicular homicide case and wants to gift or borrow us a pretty large amount of cash. Is there any tax laws we need to be concerned about?
Asked on 2/07/10, 8:57 am
1 Answer from Attorneys
Maury Beaulier612.240.8005
Minnesota Lawyers
No. Personal injury setlements are not taxable.
Answered on 2/13/10, 12:43 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
