The Court Order to Deposit Settlement Funds from a Minor Child’s Injury Settlement Must Be Immediately Completed
As briefly explained in other article postings or blogs on this website, in California, when the court orders that settlement funds to be received by a minor must be deposited in a financial institution (FDIC-insured bank or the like) and not disbursed without further order of the court, the order must include a provision that a certified or filed endorsed copy of the order must be delivered to a manager at the financial institution where the funds are to be deposited, and that a receipt from the financial institution must promptly be filed with the court, acknowledging receipt of both the funds deposited and the court order for deposit of funds, pursuant to California Probate Rule 7.953(a). Time is of the essence with the court order to deposit the funds for the benefit of the injured minor child.
To sum up, the check must go in quickly - if the injury lawyer delays too long, then the court will call a hearing known as an "Order to Show Cause" on why it is taking too long. There can be reasonable things that happen to cause a delay too. One time, I had a mother who was the Guardian Ad Litem (GAL) who could not open a bank account in California because she was in the "Chex System." For whatever reason, one bank put out a warning that she is a bank risk to open a bank account. So I had to motion the court to appoint her sister (the child's aunt as the GAL).
Legal Research for the above FAQ: See Scrunton v. Korean Air Lines Co., Ltd., (1995) 39 CA4th at 1607, 46 CR2d at 644. 133Goldberg v. Super. Ct. (Bankhead) (1994) 23 CA4th at 1383, 28 CR2d at 615-616 (a fee dispute between child’s parents, and a chiropractor).
Mark C. Blane is a San Diego Child Injury/Accident Attorney and the managing lawyer of the Law Offices of Mark C. Blane, a San Diego, California Personal Injury Law Office dedicated to representing families of minor children injured due to the negligence of others. If you or a loved one, who is a minor child, has been injured or killed in a child accident in San Diego, please order your free copy of Mr. Blane's book, The 10 Secrets You Need To Know About Your Injury Case, BEFORE You Call A Lawyer. It is full of helpful information that will help you protect your legal rights and it normally sells for $16.95. However, it is free to all California residents, or those injured in a California accident. Also, you can check out Mr. Blane's book on California child injuries called Justice for the Injured Child available for sale; this book has become a California parent's legal survival guide to their child's California accident case.