The Minnesota Order for Release of Minor Settlement Funds is a state law providing for the distribution of settlement funds for minors who have received a monetary award in a civil action. This law allows a court to order the release of a minor's settlement funds to an appropriate custodian, who then oversees the management of the funds until the minor reaches the age of majority or the funds are otherwise released. Types of Minnesota Order for Release of Minor Settlement Funds include: 1. Lump Sum Payment — This type of payment involves a one-time payment of all the minor's settlement funds. 2. Structured Settlement — This type of payment involves a series of periodic payments over the course of the minor's life. 3. Combination of Lump Sum and Structured Settlement — This type of payment involves a combination of both a one-time payment of some of the minor's settlement funds and periodic payments of the remaining funds.
Minnesota Order for Release of Minor Settlement Funds
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How to fill out Minnesota Order For Release Of Minor Settlement Funds?
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