Tips: Does the money from a medical malpractice lawsuit for a minor gain interest over the years until its paid?

by mtsofan

liz
I'm sure it does. It's usually set up in an interest bearing account. Usually for the guaranteed rate.

maxmom56
It should be paid right away. The proceeds can be used to treat or support the minor. Any funds that are not expended on behalf of the minor, should be in an interest-bearing trust account.

All unpaid judgments accrue interest.

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