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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
Under the law, a minor child cannot sign a contract or other legally binding agreement. But if your child has a claim for injuries caused by an accident, then you or the child's guardian of the estate, can sign a settlement agreement on behalf of the child.
parent, guardian, or. guardian ad item.
A Minor's Compromise is when an adult signs on behalf of a child, so the child can receive money. The law does not allow the child to sign for him or herself until s/he becomes an adult.
What is the legal procedure for compromising a minor's claim? A California court must approve all settlements done on behalf of a child under the age of 18. A parent or guardian ad item can file an MC-350 form or MC-350EX to petition the court to approve a compromise of a minor's claim.
A blocked account is usually created to protect a money judgment awarded to minors and adults who have been appointed a guardian or conservator. Conversely, a court order is also required to release money from blocked account. A withdrawal from a blocked account is only granted by a court order.
In most cases, it doesn't matter that a settlement agreement wasn't signed by the person wanting to back out, as long as the other parties can prove there was some form of agreement to the settlement. Settlement agreements are often completely enforceable as oral contracts.
Fraud. Nondisclosure as fraud. Duress. Illegality. Mistake. Undue influence.
For any employee offered a settlement agreement by their employer, it's key to remember that a settlement agreement is voluntary. You can enter negotiations with your employer but if the can't reach a position with your employer that you are happy with, you can refuse to sign.
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