wrongful death settlement payment?

Rogers, AR Viewed 92 times. Posted 5 months ago in Wrongful Death

recently won wrongful death settlement. received first of two checks. attorney said we must wait 90 days before we do anything with the winnings. i have not heard of this 90 waiting period before. is this standard?

Answers (3)

James Otto Heiting

This attorney is licensed in California. Posted 5 months ago.

No. It is not standard, but your attorney probably has good reason for the advice. Ask the attorney.

Alan James Brinkmeier

This attorney is licensed in Illinois. Posted 5 months ago.

You should most certainly direct your question to your attorney. He or she may have good reason to make the suggestion to you. Ask your attorney.

Bruce L. Mulkey

This attorney is licensed in Arkansas. Posted 3 months ago.

No, it is not standard. Under Arkansas law proceeds from a wrongful death settlement do not become an asset of the decedent's estate and pass directly to the statutory beneficiaries. There is usually no reason to delay distribution. Sounds strange to me.

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