Hit and Run DUI Case Against Sherman Oaks Man

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Hit and Run DUI Case Against Sherman Oaks Man
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Firm Overview
Mancini Associates
Mancini Associates is a well-known and
well-respected Southern California law firm that
has been providing a wide array of legal services
to individuals and business clients since 1997. A
team of an employment law and personal injury
attorneys in Sherman Oaks at the law firm believe
in understanding the desires and goals of the
clients so they can work together towards the
best possible result.
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Employment law Attorneys
When you need the services of a Southern
California lawyer, look for someone who will give
you effective and aggressive legal representation.
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Personal Injury Settlements For Minors Can The
Funds Be Accessed Immediately Or Wait Until 18?
If you are reading this, chances are you are a
minor under the age of 18 or a parent of a minor.
You also probably know by now that under
California law, if a minor is injured and
receives a settlement from the at-fault party,
the minor will not be able to access these funds
until after he or she reaches the age of
majority. It might sound unfair, but it is
California law, and they should respect that.
Settlements for minors must be supervised and
approved by the appropriate court. That process
is called a minors compromise and release
hearing, says Sherman Oaks personal injury
attorney from the Mancini Associates.
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What Is A Minors Compromise And Release Hearing?
How does this process work? Well, to get things
started after a personal injury case has been
settled for a specified amount, the court will
appoint a guardian ad litem (the person
responsible for investigating what solutions
would in the best interests of the
child). Unless the child (a minor under the age
of 18) has been legally emancipated, the minor
and his or her parents have to get the courts
approval to receive the monetary compensation
from a personal injury case.
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Why Personal Injury Settlements Are Not
Immediately Accessible By California Minors?

• While some people in California think it is
  unfair that the court does not allow injured
  minors to access their settlement funds
  immediately, the purpose of having these
  court-supervised settlements is to
• Help the minor monitor his or her settlement
  funds by appointing a guardian and approving the
  settlement.
• Help the minor spend the settlement funds
  rationally.
• Ensure that the settlement is fair and equitable.
• Ensure that the minor can access and use all of
  the settlement funds after his or her 18th
  birthday.

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Generally, the entire sum of money is

The minors compromise hearing, in which the
guardian ad litem will be present to act on
behalf of the minor, will be scheduled by the
court to approve the settlement funds prior to
depositing them into a blocked account or
purchasing an annuity.

Deposited into a blocked account (accessible
after the minor turns 18, and need to be placed
into any FDIC-insured bank, trust company, or
savings and loan associate the bank or financial
institution will be selected by the guardian).

Used to purchase an annuity (investment of funds
for future use by the minor after he or she
becomes an adult).
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Do Settlements For Minors Always Have To Be
Approved By The Court?
Not always. There are occasions when no approval
by the court is required in order for the minor
to access the settlement funds immediately.
Sherman Oaks personal injury attorney explains
that when the settlement is worth less than
5,000, the minors compromise and release
hearing is usually not necessary. Also, the
guardians and parents may be able to petition the
court for early release of the minors settlement
funds even when he or she has not reached the age
of 18. Are you a minor or a parent of a minor and
have more questions about how personal injury
settlements for minors are handled by California
courts? Schedule a free consultation by
contacting the Mancini Associates.
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EFFECTIVE, PROFESSIONAL Aggressive Representation