Whether or not a wildfire settlement that’s awarded to a victim in California will be taxed depends on what the settlement is paying for. Under federal and state tax laws, certain portions of a personal injury settlement can be taxed. However, the majority of these settlements are not subject to taxation, or qualify for tax…
In California, the significant risk of wildfires has led to special property ownership regulations. The defensible space requirement for property owners in fire zones is an important part of reducing wildfire risks. A violation of this rule could lead to a negligence claim against one or more parties.Understanding California’s Defensible Space Law “Defensible space” refers to a…