When a child inherits money or receives a settlement from an accident, it can create legal and financial challenges. Texas law requires careful planning to ensure the money is used for the child’s benefit—and not mismanaged.
Options include:
- Court-Managed Guardianship – the court controls the money until the child turns 18.
- UTMA Custodial Account – managed by an adult but still accessible at 18.
- Testamentary or Living Trust – lets you set conditions and protections well beyond age 18.
At Barina Law Group in Temple, we help families:
- Structure wills and trusts for children
- Respond to court requirements for minors receiving settlements
- Set up protective mechanisms for long-term planning
👉 Secure your child’s financial future: www.bobbybarinalaw.com/estate-planning.html