Pennsylvania requires court approval of every child's settlement and approves the lawyer's fee, with a $25,000 net line for who may hold the money
Pennsylvania's approval rule is Civil Rule 2039. Who may hold a child's money is set by 20 Pa.C.S. 5101 (the $25,000 line) and 5103 (restricted savings accounts). The tolling rule is 42 Pa.C.S. 5533(b) and the deadline 5524.
See why a court approves a child's settlement, how restricted accounts and structured settlements work, and how the court fixes the attorney fee.