Under Arizona law, if a minor is going to be receiving $10,000 or more as a result of a settlement or inheritance, a conservatorship must be set up through probate court and the account will be restricted. Even with the hardships that you have indentified, this state law requirement cannot be waived. What can be done is the conservatorship can be set up and then you can request from the judge that monies be withdrawn. The funds would need to benefit your son (ex. paying for food, clothing, shelter, or education), so a portion may be able to be withdrawn for the purpose of maintaining his share of the housing.
*The answer presented is for informational purposes only and
does not create and attorney-client relationship between the question presenter
and Laura B. Monte, Esq. or Donaldson Stewart, P.C.*
*Laura B. Monte, Esq. is licensed to practice only in the
State of Arizona. Any answers presented are based solely on Arizona state law and
case law.*
Answered on Jun 18th, 2012 at 2:00 PM