In Delaware a child's injury settlement needs court approval, and the net money goes into a UTMA account if the settlement is $25,000 or less, or into a court-approved annuity or structured instrument above that, with up to $25,000 allowed in a UTMA account. Enter the settlement, fee and bills to see what is left.
Enter the settlement, the fee, costs and bills, and the child's age.
Delaware handles minor settlements under 12 Del. C. 3901(k) and (l), with prior court approval required by 12 Del. C. 3926. The monetary threshold comes from court rule and is $25,000 in the Court of Chancery's order applying Rule 180.
See why a judge must approve the settlement, how UTMA accounts compare with annuities, and what we found about attorney fees in a child's case.
A local personal injury attorney can review your claim — many offer a free consultation.
This is an estimate for general guidance only and is not legal advice. Figures are based on the cited Delaware statutes. Confirm how these rules apply to your specific case with a licensed Delaware attorney.