Depending on the circumstances, sometimes it is required, and sometimes consensual/a good idea, to put a settlement on the record so there is no question about the authority to settle, the terms of the settlement, etc. In Michigan settlements for minors, or other protected persons; settlements involving an Estate, MUST be put on the record and a Judge MUST approve them. If yours is a garden variety settlement with an adult, it often can be accomplished by signing a Release and not be put on the record, but again, there may be special circumstances that suggest that putting same on the record is prudent. You should rely on your lawyer's advice in this regard and/or have the reasoning explained to you if there is some question.
Answered on Sep 17th, 2013 at 8:40 AM