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If you obtain a settlement on behalf of your child, you need to follow a few extra steps. First, consult with an annuity broker to invest the money for your child and select the best annuity structure. Second, ask the court to appoint a guardian ad litem to review the settlement. Lastly, attend a prove up hearing to explain the settlement and why it is in your child's best interest. If approved, the insurance company will hand over a check to the annuity broker.