Because of the unique position that minors have, the courts of Arizona treat proposed settlements differently for minors. The courts want to make certain that the settlements are fair to the minors and that the money that is received will not be wasted by the minor’s parents, guardian, or by the minor himself or herself. Under 17B A.R.S. Rules Prob. Proc. Rule 37, when a settlement offer is proposed for a minor that the minor and his or her parents or guardian think is fair, the proposed settlement must be submitted to the probate court for a review. The probate judge will review the settlement and the evidence in the case to make a determination of whether or not the settlement should be approved. If the court does not approve of the proposed settlement, the parties will need to continue negotiating in an effort to reach a better settlement agreement that will be approved.
After a minor’s settlement offer is approved or after a verdict is awarded in favor of a minor by a jury, the money is not paid directly to the parents. Instead, a guardian will be appointed by the probate court to manage the money for the minor. The money will be held in a trust account, and each expenditure that is paid from the account will have to be requested and will have to be used to pay for approved expenses. Once the minor reaches the age of majority, he or she will receive access to the money in the account.