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Goldstein and Bashner

My child was in an accident several years ago and I collected a settlement. Can I use the money to pay for her expenses?

When a child receives a verdict or settlement, the courts are very strict in protecting that money and making sure it goes to the child.

 

In New York State, any money the child receives from a lawsuit must be put into an account that is blocked from use until the child turns 18. There are limited reasons the money can be used—expenses related to the accident and some medical and educations exceptions. A qualified lawyer can help you determine if you have a legitimate cost and will work to help you through the procedures of receiving it.

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