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To: Kaslin
Yeah, but how much is the family getting and how much are the attorneys getting? I would not be surprised if the family is lucky to even get half a million

Oh I am sure the lawyer only gets about 40%, then the family has to pay taxes of 50%. They might see 15-20% if they are lucky of the amount they are rewarded.

3 posted on 08/18/2007 10:39:36 AM PDT by Always Right
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To: Always Right

Do you know how much the lawyers would have gotten if they lost the case?


4 posted on 08/18/2007 10:43:46 AM PDT by dpa5923 (Small minds talk about people, normal minds talk about events, great minds talk about ideas.)
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To: Always Right

I think you are kidding yourself if you think the lawyer only gets 40 percent


5 posted on 08/18/2007 10:44:19 AM PDT by Kaslin (The Surge is working and the li(e)berals know it)
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To: Always Right
Oh I am sure the lawyer only gets about 40%, then the family has to pay taxes of 50%.

Are you sure this type of award is taxable?

I'm not a lawyer, but I thought it wasn't.

11 posted on 08/18/2007 10:51:28 AM PDT by Doe Eyes
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To: Always Right

The family will pay little to no taxes because most of the award will be for pain and suffering and that isn’t taxed.


14 posted on 08/18/2007 10:53:32 AM PDT by Beagle8U (FreeRepublic -- One stop shopping ....... Its the Conservative Super Walmart for news .)
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To: Always Right

I don’t believe amounts received for wrongful death are considered taxable income.


15 posted on 08/18/2007 10:53:45 AM PDT by Your Nightmare
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To: Always Right

Lawyers in Florida get 33 1/3 %...it is state law.


47 posted on 08/18/2007 12:37:19 PM PDT by My Favorite Headache (No One Gets To Their Heaven Without A Fight)
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