Legal Question in Personal Injury in Missouri
will a court accept an UTMA account when rewarding to a child?
Asked on 9/07/10, 1:33 pm
1 Answer from Attorneys
Anthony Smith
LawSmith
It is unclear what the purpose of the "award" to the child is. But, if it is part or all of the personal injury settlement or judgment, the courts sometimes require a UTMA. In others, a conservatorship is set up. Each situation is treated differently by different courts. Your child;s attorney shoudl bew able to explain this to you.
Good luck
Answered on 9/15/10, 11:11 am