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- 14:56, 23 December 2024 TerriToro7 talk contribs created page The No. 1 Question Everyone Working In Asbestos Lawsuit Settlements Should Be Able To Answer (Created page with "Taxability of Asbestos Lawsuit Settlements<br><br>Most mesothelioma cases are resolved through a settlement, rather than a the trial verdict. Trials are expensive, and companies who are guilty prefer not to have them.<br><br>Federal law exempts compensation for asbestos victims from tax. Certain aspects of a mesothelioma judgment or settlement may be taxed income.<br><br>Punitive Damages<br><br>If you or someone close to you was exposed to asbestos, you may be eligible t...")