Judge: Michelle C. Kim, Case: 22STCV01503, Date: 2023-09-29 Tentative Ruling
Case Number: 22STCV01503 Hearing Date: September 29, 2023 Dept: 31
DEPT: | 31 |
HEARING DATE: | 09/29/2023 |
CASE NAME/NUMBER: | 22STCV01503 JENNIFER GARCIA, et al. vs JEFFREY QUINTANILLA, et al. |
PETITION TO APPROVE COMPROMISE OF PENDING ACTION OF A MINOR | Nicolas Godoy, Age 4 |
RECOMMENDATION: | GRANT |
TENTATIVE¿
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The Court excuses the personal appearance of Claimant and the guardian ad litem. Counsel may appear by telephone or video conference call.¿
Plaintiffs have agreed to settle their claims against Defendants for the total amount of $39,100.00, with $9,100.00 being apportioned to Nicolas Godoy (“Claimant”). If the settlement is approved, $1,468.76 will be used for medical expenses, $0 for attorneys’ fees, and $104.15 will be used for costs.
The net balance of $7,527.09 will be held by Petitioner. Petitioner will deposit the full net balance into Claimant’s existing college 529 Plan, wherein Petitioner is the owner for the benefit of Claimant. Petitioner will not release the money to Claimant until Claimant’s 18th birthday, subject to any rules of the 529 Plan.
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The Court finds the settlement is reasonable and based thereon approves and GRANTS the petition.
THE COURT SETS AN OSC RE PROOF OF 529 PLAN ON ____________________ IN DEPARTMENT SS-31 AT 8:30 AM.
Moving party is ordered to give notice.