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I’m concerned about keeping my child’s settlement or judgment award funds safe if I die before my child is old enough to administer the funds. Is there anything my child’s lawyer can do to ensure the funds are protected?

I’m concerned about keeping my childs settlement or judgment award funds safe if I die before my child is old enough to administer the funds. Is there anything my child’s lawyer can do to ensure the funds are protected?

A:Yes, every parent of an injured child should take measures to protect the childs settlement or judgment funds. If you pre-decease your child while they are still very young or if your child is brain-injured, they will have a decreased capacity to manage the money wisely. To protect the funds, your injured child’s attorney should consult with structured settlement specialists, probate lawyers and special needs trust professionals.

For more questions and concerns on this case, we have the experienced lawyers at Zimmet & Zimmet Law Firm.

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