(A) Each application relating to a minor shall be submitted by the parent or parents or by the person having custody of the minor and shall be captioned in the name of the minor.
(B) Each application shall indicate the amount of money or property to which the minor is entitled and to whom such money or property shall be paid or delivered. Unless the court otherwise orders, if no guardian has been appointed for either the receipt of an estate of a minor or the receipt of a settlement for injury to a minor, the attorney representing the interests of the minor shall prepare an entry that orders all of the following:
(1) The deposit of the funds in a financial institution in the name of the minor;
(2) Impounding the principal and interest;
(3) Releasing the funds only upon an order of the court or to the minor at the age of majority.
(C) The entry shall be presented at the time the entry dispensing with appointment of a guardian or approving settlement is approved. The attorney shall be responsible for depositing the funds and for providing the financial institution with a copy of the entry. The attorney shall obtain a Verification of Receipt and Deposit (Standard Probate Form 22.3) from the financial institution and file the form with the court within seven days from the issuance of the entry.
B.C.L.R. 67.1 ESTATES OF MINORS NOT EXCEEDING TEN THOUSAND DOLLARS
(A) The attorney for said minor, or in case the applicant is not represented, the attorney for the payor, shall be responsible to immediately deposit said funds and thereafter file a completed Verification of Receipt and Deposit (Standard Probate Form 22.3) within seven (7) days of the issuance of the entry.