Get MC-350 PETITION FOR APPROVAL OF COMPROMISE OF CLAIM OR ACTION OR DISPOSITION OF PROCEEDS OF

Probate Code 3500 provides that when a minor has a disputed claim for damages, money or other property and does not have a guardian of the estate, the following persons have the right to compromise the claim: Either parent if the parents of the minor are not living separate and apart.

Petition for Approval of Compromise of Claim or Action or Disposition of Proceeds of Judgment for Minor or Person With A Disability (MC-350)

What is a Minor's Compromise? A Minor's Compromise is when an adult signs on behalf of a child so the child can receive money. The law doesn't allow the child to sign for him or herself until s/he becomes an adult.

Settlements Under $5,000 This is because California law permits Judges to order the funds to be paid directly to custodial parents if the total settlement is $5,000.00 or less. If the total settlement for the minor exceeds $5,000.00, then a Minor's Compromise and a subsequent hearing must commence.

A petition for approval of compromise of claim of minor or adult person with a disability is filed when parties have agreed to settle a claim of a minor or adult person with a disability. The law doesn't allow a minor or person with a disability to settle their own claim without an adult guardian.

A petition for approval of compromise of claim of minor or adult person with a disability is filed when parties have agreed to settle a claim of a minor or adult person with a disability. The law doesn't allow a minor or person with a disability to settle their own claim without an adult guardian.

What is a Minor's Compromise? A Minor's Compromise is when an adult signs on behalf of a child so the child can receive money. The law doesn't allow the child to sign for him or herself until s/he becomes an adult.