This form is a settlement statement provided by the attorney to the client detailing expenses and disbursements of client funds.
Tennessee Personal Injury Settlement Statement
State:
Multi-State
Control #:
US-PI-0228
Format:
Word;
Rich Text
Instant download
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Description
How to fill out Personal Injury Settlement Statement?
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FAQ
Are Personal Injury Settlements Taxed in Tennessee? Tennessee does not have a state income tax, so any money you receive from a personal injury settlement will not be taxed by the state.
How much compensation for ? Type of injuryExtent of InjuryEstimated Amount of CompensationFace InjurySerious to moderate face injury£12,200 - £27,299Face InjuryExtremely serious face injury£15,400 - £73,200Foot InjuryMild foot injury£5,300 - £11,050Foot InjurySerious to moderate foot injury£18,500 - £52,90039 more rows
General damages or non-pecuniary losses are those damages which cannot be mathematically assessed at the date of trial. The predominant head of general damages in personal injury claims is pain, suffering and loss of amenity although there are a number of other heads of general damages which must also be considered.
To determine pain and suffering, consider the following factors: plaintiff's age, lifestyle of the plaintiff before the accident, how the accident affected activities of daily life, whether the plaintiff could not do extracurricular activities, medical diagnosis, type of treatment, length of treatment, and permanent ...
Maximum Amounts of Pain and Suffering Damages Tennessee puts a cap on how much a person can be awarded for pain and suffering. The most a plaintiff can recover in a civil action is $750,000. However, that figure does increase in the case of limb amputation, severe burns and spinal cord injuries.
The law does not limit the amount of economic damages a victim can recover. The limits on damages in Tennessee are: Non-economic damages: $750,000 per person. Non-economic damages in catastrophic injury cases: $1 million per person.
Tennessee damage caps Most states have damage caps that limit the amount of damages you can recover. In Tennessee, the damage cap for personal injuries is $750,000 for non-economic damages. There is a higher cap of $1 million for non-economic damages for injuries that involve: Amputations.
But there are limits on what are known as non economic damages -- damages for pain, for suffering, for disfigurement and disability. The limit in Tennessee for cases that arise today and thereafter is $750,000 for that type of non economic damages. There are few exceptions to that $750,000 rule.