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- 15:15, 10 January 2025 GlennMcCary talk contribs created page A Look Into The Future What Is The Asbestos Lawsuit Settlements Industry Look Like In 10 Years (Created page with "Taxability of Asbestos Lawsuit Settlements<br><br>The majority of mesothelioma cases are settled through settlement instead of a the trial verdict. This is because trials are expensive and at fault companies prefer to avoid them when they are able to.<br><br>Compensation for asbestos victims is tax-free under federal law. However, there are certain aspects of a mesothelioma settlement verdict that can be considered tax-deductible income.<br><br>Punitive Damages<br><br>If...")