Minor settlements require court approval with guardian representation. Parents typically serve as natural guardians but may face conflicts of interest. Courts may appoint guardian ad litems for independent representation. Settlement structures often include blocked accounts until majority. Immediate needs for medical care or special education may justify current distributions. Court considerations include settlement fairness, attorney fees, and preservation methods. Structured settlements provide long-term financial security. Special needs trusts protect government benefits. Guardian accountability includes reporting requirements. Investment restrictions protect principal. Minor’s interests supersede family financial pressures. Reopening settlements upon majority rarely succeeds absent fraud.