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13:57, 21 December 2024 CarinOlden19 talk contribs created page 5 Killer Qora s Answers To Asbestos Lawsuit Settlements (Created page with "Taxability of Asbestos Lawsuit Settlements The majority of mesothelioma lawsuits settle instead of settling by a trial verdict. This is due to the fact that trials are expensive and at fault companies prefer to avoid them when they are able to. Compensation for asbestos victims is tax-free under federal law. However, there are certain aspects of a mesothelioma settlement verdict that may be considered tax-deductible income. Punitive Damages Yo...")