Which claim must always be approved by the court if settled by a person under a disability?

In the context of claims settled by a person under a disability, it is critical to obtain court approval for the settlement to ensure the best interests of the individual are protected. Specifically, claims exceeding a certain monetary threshold, in this case, $500, require court approval. This is largely due to the recognition that individuals under disability may not fully understand the implications of such financial decisions, and thus the court steps in to protect their rights and ensure that any settlement awarded is fair and just.

Claims involving personal injury or property disputes may also require court oversight, but the specific threshold for mandatory approval is explicitly tied to the financial amount involved. Therefore, any claims settled for greater than $500 cannot be finalized without the court's endorsement, emphasizing the need for scrutiny of the settlement terms to protect vulnerable individuals. The law does this to ensure that those who might be unable to advocate for themselves receive adequate support and protection in legal matters involving financial transactions.