AboutLee Horner Expertise Our practice focuses on final event planning and impaired risk life insurance for those age 50 to 84; our companies can underwrite anyone so long as they're not in a medical facility. I do not answer questions about stock markets, mutual funds nor variable life contracts. I will advise you of your options and make recommendations as appropriate. Questions regarding USA residents only. Let me know as much as you can about your situation for best results. If in doubt, ask anyway. If I don't have the answer, chances are I can point you in the right direction and am happy to do so.
Experience Estate Planning Attorney since 1985; practicing in California and Arizona, and independent life insurance agent specializing in the senior market and also tax free retirement planning.
Organizations AHEPA and Freedom Equity Group
Publications Stop Sitting on your Assets, paperback version (co-author).
Education/Credentials BBA in Business Management from Univ of New Mexico; Juris Doctorate in Law, Lincoln Law School of Sacramento, CA; admitted to practice before the Ninth Circuit court of appeals, and all courts in Arizona and California.
Awards and Honors Graduated in the top 5 of my law school class.
Question I had posterior capsule ruptured during cataract surgery. Insurance company for doctor has offered $35,000 settlement (not going to court). If I settle will this amount be taxable?
I'm 76 years young.
Answer I don't believe it's taxable but it's also on the light side. I would suggest you consult with a medical malpractice atty before you do anything else; you might strike a deal that the first $35k you get out of it free of charge; the atty gets a % for recovery above that; and also structure it for lower % if it settles without going to court; Sounds more like $200,000 worth of damages to be based on their immediate offer of that amount. These people are not your friends. Please get some legal advise asap.
