A New York Family Lawyer said complainants initiated a paternity proceeding against a man. An infant had been born and after a denial by the man, preparation for a contested proceeding followed. However, both parties with their attorneys resolved the matter and executed a written agreement.
A New York Custody Lawyer said in the main agreement, the man admitted paternity and committed himself to pay $3,500 for the complainant’s counsel fees and blood test expenses. The man also committed to pay the sum of $216.67 per month and to establish a trust fund for the child in the amount of $20,000.
Under the terms of the trust agreement, the interest from the amount was to be used by man to subsidize the monthly child support payments with the amount to be given over to the child when he attained twenty one years or, if the child did not survive, to revert to the man. But, if the man died during the child’s infancy, the complainant mother herself would succeed as trustee.
New York Family Law Blog

