Proposal For Minor Settlement

PROPOSAL FOR MINOR SETTLEMENT. This form used by the Probate Court of Stark County, Ohio, serves to present the court with a comprehensive overview of a proposed legal settlement on behalf of a minor. This form is typically required when a minor has sustained injuries or been involved in an incident that results in a financial settlement or verdict, particularly in personal injury cases. It includes essential details such as the minor's age, date of birth, and names of the parents or custodians. The form outlines the nature of the accident, a brief description of the injury, and whether a lawsuit has been filed. It also discloses the policy limits of any applicable insurance, the amount of the settlement offer or verdict, and whether the parents have received any related compensation. A detailed breakdown of expenses is provided, including medical and hospital costs, any payments to the parents, attorney fees, and the net amount the minor would receive. If the settlement is structured, the form includes information about the annuity provider and its present value. The court is also informed about who will be present at the hearing—such as the minor, parents, doctors, or the defendant's attorney—and whether the settlement funds will be impounded or restricted. www.FormsWorkflow.com