Settlement of Actions Involving Minor Children Act of 2025 regulates payments to minors from tort recoveries.

The Settlement of Actions Involving Minor Children Act of 2025 governs how payments from tort recoveries are made to minors. If a minor or another person recovers a net sum of $10,000 or more on behalf of a minor, the responsible party must make payment by check to a trustee appointed by the court. The court may authorize various trust arrangements for the minor's benefit. For sums less than $10,000, payment is made directly to the minor upon reaching 18 years of age. The act also outlines procedures for withdrawing funds and the role of guardians in managing the minor's assets.

Settlement of Actions Involving Minor Children Act of 2025 regulates payments to minors from tort recoveries.

The Settlement of Actions Involving Minor Children Act of 2025 governs how payments from tort recoveries are made to minors. If a minor or another person recovers a net sum of $10,000 or more on behalf of a minor, the responsible party must make payment by check to a trustee appointed by the court. The court may authorize various trust arrangements for the minor's benefit. For sums less than $10,000, payment is made directly to the minor upon reaching 18 years of age. The act also outlines procedures for withdrawing funds and the role of guardians in managing the minor's assets.