Your attorney is in the best position to answer this. Some judges and courts are more liberal about spending your son's money than others, and while I understand you intentions and desires, it is up to the Court to preserve the assets. I would discuss this with your attorney and see if the Judge will approve it. Good luck. I am sure your son deserves a nice trip, but it is up to the Court.
Your question is a little bit unclear. If you are asking whether or not you can get money from the settlement in advance to help support him now, there are various legal settlement loan companies out there. I would strongly weigh this option before obtaining one of these loans, because the interest rates are very high, if you qualify at all. You should discuss these options with your attorney.
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This is something your lawyer must address with the court when the proposed settlement is presented for approval. Good luck.
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If your son is a minor, the money will be held in an account that is set up for him until he reaches age 18, unless there are other arrangements made to hold the money longer. You will not be able to use the money or access it without a Judge approving the use. You can try and see if a Judge will approve a family vacation to Disney World, but I doubt it. If you have an attorney right now, you should discuss your plans with the attorney.
The answer is yes if you can get the court, the insurance company and all the attorneys involved to consent. The answer will be no if anyone objects. You will probably have to wait until after the two months goes by and then, after the case settles, you will still need to get the permission of the court for an expense like a vacation. Your attorney should be able to help you with this process.
Easy speak to his attorney.
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Probably not. If he is a minor the monies would go into trust until he is 18.
But why arent you asking his lawyer this question? I would think in such a substantial case you would have a lawyer. If not go consult with a personal injury lawyer immediately.
Legal disclaimer: The statement above provided by Sandra Worthington, Esq. is general information and not intended to be a legal opinion because not all the facts are provided. The person requesting information and all others reading the answer should retain an attorney who is permitted by the state bar within the jurisdiction who can examine the complete facts and provide a legal opinion on your case. All information provided in the above answer and other information provided by Sandra Worthington, Esq. and Worthington Law Group does not create an attorney/client relationship within any state or under Federal law.
Probably not. This is usually not the type of thing that the Court will authorize taking money for. You should ask the attorney handling the case. I hope you are not trying to settle this case without one.
You should speak to his attorney, but in my experience it is unlikely that the Court would allow this, best of luck.
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