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- 02:19, 11 January 2025 LoreneCarrera30 talk contribs created page 10 Things That Your Family Teach You About Asbestos Lawsuit Settlements (Created page with "Taxability of Asbestos Lawsuit Settlements<br><br>The majority of mesothelioma cases are settled through settlement instead of a the verdict of a trial. This is due to trials being expensive and at-fault companies would prefer to avoid them when they can.<br><br>Federal law exempts compensation for asbestos victims from tax. Certain aspects of a mesothelioma verdict or settlement could be tax-deductible income.<br><br>Punitive Damages<br><br>If you or someone close to yo...")