Petition for Minor’s Compromise and all related pleadings/attachments:

Petition For Minor’s Compromise

So what should you expect when your minor is involved in a car accident or other personal injury that requires compensation? Below is a brief overview of California’s laws and court requirements for settlements when minors or disabled individuals are involved.

Unfortunately, there are personal injury cases in which minor children are involved. The involvement of minors in settlements brings about several concerns and complications that have to be addressed by the attorney and judge.

What Is A Petition For Minor’s Compromise?

When minors or persons with disabilities are part of a personal injury case, the Probate Court has to be involved. This court is a special division within the California judiciary system that is responsible for advocating for minors and incapacitated adults.

This Court requires that a written legal agreement be signed by the parent or guardian of the minor prior to the issuance of any settlement funds. This agreement is the minor’s compromise, which has to be petitioned for and approved by the Court.

The purpose of a minor’s compromise is to ensure that the funds are used specifically for the minor’s benefit. Unless the minor or disabled person requires the funds for medical expenses, these funds would not be accessed until the minor turns 18 years old.

contact-us-form

"*" indicates required fields

First Name*

Last Name*

Phone Number*

Email Address*

How can we contact you?*

Email me

Text / SMS me

Call me

ALL OF THE ABOVE

Type of case*

Region*

Requested Advance Amount? (USD)

Law Firm’s name

What services are you interested in? *

Law Firm’s Phone Number

Custom Checkbox

By clicking “Apply now!”, I am providing express written consent to receive autodialed and pre-recorded calls, texts, and SMS/MMS with marketing communications regarding lawsuit funding and personal injury cash advance from Fund Capital America at the phone number provided above, even if the number is on a corporate, state, or national Do Not Call list. Consent is not a condition to purchase services or products. Reply REMOVE or STOP to unsubscribe. Msg & data rates may apply. View our Privacy Policy

CAPTCHA

By providing my contact information and clicking 'submit', I am giving FCA Legal Funding and its partners and affiliates permission to contact me about this and other future offers using the information provided. This may also include calls and text messages to my wireless telephone numbers. I also consent to use of emails and the use of an automated dialing device and pre-recorded messages. I understand that my permission described overrides my listing on any state or federal 'Do Not Call' list and any prior listing on the 'Do Not Call' lists of our partners. I acknowledge that this consent may only be revoked by email notification to info@fundcapitalamerica.com.

Name

This field is for validation purposes and should be left unchanged.

What Happens After A Minor’s Compromise Is Granted?

After a minor’s compromise is granted, the court makes the determination of where the money will go. Minors benefit from this protective measure that helps safeguard their money. To make this determination, the Court takes into account the following factors:

Total amount of the settlement
The extend of injuries
Litigation costs
How the funds will be used

After careful scrutiny, the Court will likely order that the funds be placed in an interest accruing bank account. This account will be blocked until the minor turns 18 and is able to access it him or herself. Of course, if the personal injury results in ongoing medical costs, the money will be channeled towards these needs.

How To File For This Petition

There are several forms that will need to be filed with the Probate Court for approval. Without the submission and review of these forms, the settlement funds will not be released. These forms are:

CIV-010: Application and Order for Appointing Guardian ad Litem
MC-350: Petition to Approve Compromise of Disputed Claim
MC-351: Order Approving Comprise of Disputed Claim
MC-355: Order to Deposit Money into Blocked Account
MC-356: Receipt and Acknowledgment of Order for the Deposit of Money into Blocked Account

These forms can be filed by either parent or the guardian at litem (representative appointed by the Court).

Expedited Petition

For an expedited petition, a special form titled MC 350EX will be required. This will expedite the settlement and bring a resolution for the claim. For expedited requested, the claim settlement must be up $50,000 or match the policy limits of all parties involved in the case.

Filing Costs

Filing costs for the Petition for Minor’s Compromise vary based on the county where the case is being handled.

Attend A Hearing For The Petition

A separate hearing will be held with the judge and the guardian ad litem, parent, or guardian of the minor. Though recommended, the appearance of a minor or disabled person is not required.

Additional Required Documents

In addition to the petition paperwork, the Court will require the following documents:

Verified petition
Documentary support
Doctors reports/letters
Medical lien documents
Medi-Cal or Medicare documents
Cost reimbursement documents
Cost reimbursement to petitioner
Attorney fee requests
Bank name and address
Annuity contract
Special needs trust

Fund Capital America Minor’s Compromise Services

Being a parent or guardian of a minor who got injured in a car accident can be very dreadful and overwhelming. Along with worrying about the child’s health, the parent is also tasked with scores of paperwork just for the settlement payout alone. Fund Capital America understand this struggle and is offering professional legal experts who will assist with handling this important petition.

The services provided by Fund Capital America will help lessen the burden of parents and guardians by locating and completing all the necessary forms. Years of experience and specialized training have equipped them with the knowledge required to promote a smooth and speedy litigation process where minors are involved. Take care of your injured minor child and allow us to handle the legal paperwork by contacting Fund Capital America today.