If my son was injured in a car crash, is it a law that all monies from the settlement has to go in a trust until he turns 18?
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If my son was injured in a car crash, is it a law that all monies from the settlement has to go in a trust until he turns 18?
Asked on February 20, 2013 under Personal Injury, Michigan
Answers:
Catherine Blackburn / Blackburn Law Firm
Answered 11 years ago | Contributor
It is not necessarily true that all monies go into a trust or guardianship until your son turns 18. I do not practice law in Michigan. Depending on the nature of your son's injuries, his parents may have their own claim. In addition, part of your son's award can be used for his needs until he reaches age 18. Your son's portion of the settlement will be placed under a guardianship and used for court approved purposes.
I hope this helps. Your son's attorney or the guardianship attorney can explain this in more detail.
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