QUESTION
How will my daughter get her settlement funds out of the bank when she turns 18 next month?
Asked on Feb 11th, 2014 on Personal Injury - Florida
More details to this question:
My daughter had an accident in 1998 and we retained an attorney and a settlement was made and the court required that I put the settlement funds in a bank account. She is turning 18 next month, how will she get the funds out of the bank?
11 ANSWERS
Personal Injury Attorney serving Charlotte, NC
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Paul Whitfield and Associates P.A.
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Get you a lawyer to review the case. probably will need a court order from the clerk of court in your county where the funds are and where the child is.
Answered on Feb 17th, 2014 at 6:48 AM
Edwin K. Niles
Just go to the bank with ID. Or am I not understanding your question?
Answered on Feb 17th, 2014 at 6:47 AM
Personal Injury Attorney serving Pasadena, CA
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Law Offices of Pius Joseph
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You need to get a form that the Judge needs to sign for release of the funds.
Answered on Feb 17th, 2014 at 6:47 AM
Contact the bank and ask them what paperwork they need. They probably will want proof of her age and a copy of the settlement papers showing the establishment of a trust. if you have any problems, contact the attorney who represented her before.
Answered on Feb 17th, 2014 at 6:47 AM
Personal Injury Attorney serving Kent, WA
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Law Offices of Wayne J. Wimer, Inc. P.S.
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Contact the attorney who handled the case. He more than likely will not charge her for getting the funds released.
Answered on Feb 17th, 2014 at 6:45 AM
Creditor's Rights Attorney serving Clayton, MO
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Fluhr & Moore, LLC
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Contact the bank with your paperwork. Usually, it is a matter of your daughter showing she is now 18. Sometimes a court order is necessary.
Answered on Feb 17th, 2014 at 6:45 AM
James Eugene Hasser
Presuming you are the account holder and there is nothing in the settlement agreement or a court order that prevents you from doing so, you just give it to her? Write her a check and let her deposit it in her own account. Check with the attorney that you had to see if a final accounting is required. Good luck.
Answered on Feb 17th, 2014 at 6:39 AM
Thomas Edward Gates
Generally, she will need to get a court order to release the funds, Look at the court order directing the funds to a blocked account.
Answered on Feb 17th, 2014 at 6:39 AM
Chapter 7 Bankruptcy Attorney serving Syracuse, NY
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Andrew T. Velonis, P.C.
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She goes to the bank with ID. She should bring a copy of the Order as well.
Answered on Feb 17th, 2014 at 6:38 AM
Commercial Contracts Attorney serving Boise, ID
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Peters Law, PLLC
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Unless there is some restriction I would presume she goes to the bank with her photo ID and asks for it.
Answered on Feb 17th, 2014 at 6:37 AM
Admiralty and Maritime Law Attorney serving Gulf Breeze, FL
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Law Offices of John W. Merting, P.A.
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Call a bank officer and ask, will probably need a copy of the court order and proof of her age.
Answered on Feb 17th, 2014 at 6:37 AM