What is the name of your state? CA
ok, so i win a wrongful termination or breach of contract case and realize a lump sum settlemnt based on future years lost earnings. i realize that there will be consideration of dollar value etc. my questions are:
will the settlemnt be increased to off set the increase in taxes? i.e. today i'm in say a 25 percent tax bracket, but a lump sum would place me in a 45 percent. fyi, i'm combining state and fed.
also, what about all the fees associated with the recovery of my earnings. will i receive attorney fees, etc. too?
thanks in advance....
ok, so i win a wrongful termination or breach of contract case and realize a lump sum settlemnt based on future years lost earnings. i realize that there will be consideration of dollar value etc. my questions are:
will the settlemnt be increased to off set the increase in taxes? i.e. today i'm in say a 25 percent tax bracket, but a lump sum would place me in a 45 percent. fyi, i'm combining state and fed.
also, what about all the fees associated with the recovery of my earnings. will i receive attorney fees, etc. too?
thanks in advance....