[ Ссылка ] In personal injury cases involving children, structured settlements are an effective way to safeguard their financial future. This video explains how settlement funds are protected until a child reaches the age of 18. During this time, the money is placed in a blocked account, inaccessible to the child or their parents, unless there is a court-approved need, such as for medical expenses or special needs. Once the child becomes a legal adult, they can access the funds. However, to protect the child from mismanaging a large sum of money, a structured settlement can be arranged. This allows the funds to be distributed over time, ensuring long-term financial stability.
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