lawsuit settlements

[nelliema]

will the parent of a minor child receive any money from a cash settlement before the child turns 18

 

[I AM ALWAYS LIABLE]

My response:

Normally, no. Not unless there is an absolutely good reason, and then only with the court's permission (court order) to withdraw from such an account. Unless there is a court-recognized legitimate reason for such a withdrawal, that money stays put until the child is 18.

Good reason usually has something to do with emergency medical care, or putting a roof over that child's head, or the need to feed that child. Going on a "road trip" is not a good reason.

IAAL