14 yr old child to rec. auto settlement

#1 03-13-2001, 11:15 AM

texas - 14 yr old to rec'v large settlement due to auto accident. will rec two plastic surgerys for facial scar. no other future medical after that.options for who will be in charge of the settlement. can parent/gaurdian be controller?
am single mother with a deadbeat dad.

[Edited by AndiShane on 03-13-2001 at 11:18 AM]

#2 03-13-2001, 10:57 PM

I am a law school graduate. What I offer is mere information, not to be construed as forming an attorney client relationship.

Put it into a trust account where you he cannot touch until 18.

I AM ALWAYS LIABLE · #3 03-14-2001, 01:48 AM

My response:

The court will require that the settlement money be placed into a "blocked" account, until the child is 18. Whomever was named as the guardian ad litem for the child in the lawsuit will control the account.

If there wasn't a lawsuit, the court will name a "Conservator" for the account.

IAAL