Legal Question in Wills and Trusts in Tennessee

Minor's Trust Fund

If my daughter was in a car accident and she was hurt, the insurance company agrees to settle, does this money have to go into a trust fund? If so, why, and is there any way to receive some of it?


Asked on 10/12/06, 3:06 pm

1 Answer from Attorneys
Marshall Snyder Law Office Of Marshall Snyder

Re: Minor's Trust Fund

If the child is disabled or receiving government

benefits such as SSI, you would probably want to set up a special needs trust for the settlement proceeds from the car accident. This would allow the government benefits to continue being paid.

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Answered on 10/16/06, 9:57 pm


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