Settling a Case Involving a Minor Child—Issues Every Plaintiff’s Lawyer Should Examine

When a minor child receives a settlement payment from a lawsuit (such as a lawsuit involving personal injury or medical malpractice claims), the law requires court approval of the settlement if the amount exceeds $10,000 per annum.[1]  The purpose of the approval is to ensure the settlement is fair, reasonable and in the best interests of the child. (more…)