My child was bitten by a dog and is set to receive a dog bite accident settlement. Now we have been awarded a settlement by the insurance company and my personal injury lawyer says it has to be in my child's name. Is this correct or can it be in my name?
Disclaimer: Information provided in our response is NOT formal legal advice. It is generic legal information based on the very limited information provided. Under no circumstances should the information in our response, or anywhere else on this site be relied upon when deciding the proper course of a legal matter. Our response does NOT create an attorney-client relationship. Always get a formal case review from a licensed attorney in your area.
ANSWER for "Dog Bite Accident Settlement for Child...":
Every state has different laws and regulations regarding settlement judgments for minors. Without knowing the state in which the settlement was made it would be difficult to answer your question directly.
Generally speaking though, in most states the laws regarding personal injury settlements for children are consistently strict. The legal system has always been very protective of minors.
The legal reasoning is based on the prior history of some parents and guardians mishandling their childrens’ settlement funds. In many of those cases when the children became adults and found their money greatly dissipated or completely gone, they hired their own attorneys and sued the attorneys who should have been representing their best interests when the settlement was initially made years before.
No one is implying you would in any manner mishandle your child’s settlement funds. The terrible truth though is that many parents have, and if given the opportunity still would.
Since laws change frequently, and across jurisdictions, you should get a personalized case evaluation from an attorney licensed in your state. Find an experienced local attorney to give you a free case review here, or by calling (866) 484-9115.
The accuracy of information provided on this site is not guaranteed. It is generic information for informal purposes only. It is NOT formal legal advice. Your use of this site does NOT create an attorney-client relationship. Before relying on any information found in this site you should consult with a licensed attorney in your state. If you are currently represented by an attorney, you should strictly abide by his/her counsel.