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: Our response is not formal legal advice and does not create an attorney-client relationship. It is generic legal information based on the very limited information provided. Do not rely upon the information in our response, or anywhere else on this site, when deciding the proper course of a legal matter. Always get a personalized case review from a local attorney.
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.
Learn more here: Child Abuse & Restitution
The above is general information. Laws change frequently, and across jurisdictions. You should get a personalized case evaluation from a licensed attorney. Find a local attorney to give you a free case review here , or call (888) 647-2490.
Best of luck!
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