Can a minor without representation settle a claim exceeding $500?

A minor cannot settle a claim exceeding $500 without representation because the law recognizes the need to protect minors in legal matters. Minors are considered to lack the legal capacity to enter into binding contracts, which includes settling claims. To ensure their interests are adequately represented and protected, the law requires that such decisions be made with the guidance of a legal representative, such as a paralegal or lawyer.

This rule aims to prevent minors from making decisions that may not be in their best interest due to their age and lack of experience. The requirement for representation serves as a safeguard, ensuring that any settlement agreements are just and fair, considering the minor's rights and future well-being. Therefore, without proper legal representation, a minor is not permitted to settle a claim exceeding the threshold of $500.