Structured Settlement for Minors

Sarah Chen

CFP

Updated May 2, 2026 22 min read

Key Takeaway

Minors can receive structured settlements with additional legal protections. Court-appointed guardians or trustees typically manage the funds. Selling a minor's settlement requires strict court approval.

Legal Requirements and Protections

Structured settlements involving minors require special consideration and have additional legal requirements. These requirements are designed to protect the minor's interests and ensure funds are managed responsibly until they reach adulthood.

When a settlement involves a minor, court approval is typically required. This court oversight ensures that the settlement terms are fair and in the best interest of the child. The court may appoint a guardian or create a trust to manage the funds.

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Can a minor receive a structured settlement?

Yes, minors can receive structured settlements, but there are additional legal requirements and protections. These settlements are designed to protect the minor's interests until they reach adulthood.

Who manages a minor's settlement?

Typically, a court-appointed guardian or trustee manages the settlement funds until the minor reaches the age of majority. This ensures the funds are used for the minor's benefit and protected until they can manage them themselves.

Can a minor's settlement be sold?

Selling a minor's structured settlement is subject to strict court oversight. In most cases, you cannot sell a minor's settlement without court approval, and the court will carefully review any proposed sale to ensure it's in the minor's best interest.