personal injury setlement of 12 year old minor
In the state of CA can a 12 year old minor invest in a business and/or own property?
Asked on 2/03/05, 3:04 pm
1 Answer from Attorneys
Ken Koenen
Koenen & Tokunaga, P.C.
Re: personal injury setlement of 12 year old minor
No. The money would be held in trust, for the benefit of the minor, and the trustee could invest it (prudently) in various investments.
Answered on 2/03/05, 3:35 pm
