Settling w/Insurance Company

[AlanaH]

My husband, 6 yr. old stepdaughter, & I were involved in a car accident several months ago. We are getting ready to settle w/the insurance company. I know that we will get a separate check for each of us. Will my stepdaughter's check come in her name or mine & my husband's because she is a minor. If it does come in her name, does it have to be deposited into an account in her name. Can we just cash the check to buy her school clothes, etc.?

 

[prairielaw3]

This may vary with each state, but many states require all settlements that involve minors to be approved by a court. This is intended to make sure the minor's interests are protected. Please see an experienced injury attorney before you settle; most will do an initial consult for free. The adjuster generally owes you no duty to settle for a reasonable fee; his/her job is to get rid of the claim as cheaply as possible-regardless of what you are entitled to and once a person settles, they generally cannot reopen the settlement later if they find out it not reasonable.

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George H. Senteney
Prairielaw.com
"More people helping people with the law than anywhere."