QUESTION

Is a lump sum personal injury settlement separate property while married?

Asked on May 10th, 2017 on Personal Injury - California
More details to this question:
I will be receiving a lump sum personal injury settlement from a car accident. No intent of divorce.
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1 ANSWER

The sum paid for personal injuries is separate property but the rest is community property. ?While most people do not report it to the IRS, the amount for wage loss is income so is taxable except if payable through Workers' Compensation.
Answered on Aug 02nd, 2017 at 7:34 AM

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