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FDAzar > Legal Resource

Do I Have to Pay Taxes On My Car Accident Settlement?

[vc_row triangle_shape="no"][vc_column][vc_column_text]The question comes up frequently, usually at the end of the process. You’ve been in a car accident. You have managed to reach a settlement with the insurance company of the driver at fault, or you’ve emerged victorious at trial, with a verdict in your favor. Time to put the whole ordeal in the rear-view mirror — but wait. Do you have to pay taxes on the money you’ve just received? As with most tax issues, the simple answer to that simple question is, “It depends.” The types of compensation involved in an auto insurance settlement vary; some aspects are...

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Out of State Auto Accidents

WHAT HAPPENS IF I’M IN A CAR ACCIDENT IN ANOTHER STATE? Car accidents can be traumatic, life-altering events. Even a minor fender-bender, with minor damage and no injuries, can be upsetting and disorienting. All that worry and confusion gets greatly magnified when the accident happens far from home. Car wrecks in another state present a range of challenges, from dealing with car repairs and medical treatment in unfamiliar territory to trying to figure out what laws and insurance regulations apply. Here are some basic guidelines for what to expect if you’re involved in an accident in another state.   STEP ONE: EVALUATING THE SITUATION The...

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Protecting Yourself from Data Breaches and Identity Thieves

The amount of time Americans spend online — emailing, direct messaging, keeping up with social media, and simply surfing the Internet — keeps going up. According to the latest annual study by the Center for the Digital Future at USC Annenberg, we now spend close to 24 hours a week online, almost double the amount of time expended in 2000. No question about it, instant access to worlds of online data has become an indispensable aspect of modern life. But with all that additional time online comes increased risk of falling prey to hackers, phishers, identity thieves, and other cyberscammers. According...

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Winter Mountain Driving and Colorado’s Traction Law

Even in the best conditions, winter driving takes preparation, patience, and flexibility. And that goes double for driving in Colorado’s mountains, where road and weather conditions can change rapidly and present a series of formidable challenges for even the most seasoned driver, from fog and windy whiteouts to ice storms, slush, and passes closed by avalanches. A new traction law that went into effect this year should help to make mountain driving along the state’s busiest corridor a bit safer. But the law is only effective if people know about and comply with its requirements. Whether you’re heading for the ski...

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Halloween Safety Tips

HALLOWEEN SAFETY TIPS:  SMART MOVES ON AMERICA’S SCARIEST NIGHT With all the costume parties, the roving trick-or-treaters, the monster movie marathons and more, Halloween can be one of the most entertaining nights of the year. What’s not to like about free candy? Yet most people don’t realize that Halloween can also be one of the most hazardous nights of the year. Many cities see a spike in vandalism, theft, and other crimes. Children in dark costumes on poorly lit streets present one kind of challenge, and adults who’ve partied too much before getting behind the wheel present another. Here are some suggestions for...

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Halloween Candy for Toddlers

Sweet! A Guide to Safe Halloween Candy For Toddlers Americans will spend more than $2.5 billion on Halloween candy this year. That’s a lot of sweet stuff — some of it tasty, no doubt, and some of it downright spooky. For parents, trying to screen their kids’ haul and regulate their candy consumption can be a daunting task. Is it safe? Digestible? Even remotely nutritious? Okay, maybe nutrition is too much to hope for. But preparing for a safe and happy Halloween for ghouls and goblins of all ages doesn’t have to be frightening. Here’s a guide to how to not get...

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Social Media Do’s and Dont’s After Car Wreck

social media donts

From Facebook to Instagram to TikTok and beyond, the popularity of social media platforms has transformed millions of us into the stars of our own reality shows. We can instantly update our followers on our daily activities, comment on current events, document exotic adventures and mundane meals, and share the antics of children and pets with friends scattered across the globe. But while we’re busy posting and tweeting, it’s easy to forget that the intimate details we’re disclosing may be more public than we think.  Even politicians and Hollywood celebrities have learned that oversharing can be a problem, and that TMI...

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Aurora Fatal Hit-and-Run Highlights Dangers of Accident Scene

broken glasses of a car accident victim

Most car accidents can be attributed to careless driving of one kind or another. Someone wasn’t paying enough attention to their surroundings, to traffic laws or changing road conditions, and the result is a crash. Being vigilant can help avoid accidents, but it’s also important to be on alert after the accident happens. All too often, one accident leads to another. We’ve all seen the tragic stories about state troopers stopping to deal with an accident on the interstate, only to be injured or killed by other motorists who failed to slow down or yield to the emergency in progress.  And the...

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What Is the Most Common Injury in Football?

Like most people who call Colorado home, those of us who work at FDAzar tend to be diehard fans of the Denver Broncos. Even in the middle of a tough season, we identify with the team’s winning traditions, its professionalism and quest for excellence. That’s why we’re proud to support the team. As personal injury specialists, we also recognize how quickly a serious injury can alter someone’s life, whether that person is a professional athlete or not — and the importance of taking steps to prevent those injuries if possible. What are the chances of injury in a football game? The figures vary...

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