Setting up a trust to protect the money as it will help you with:
- Compensation money will be disregarded for means-tested benefits
- The money can be protected if the client is vulnerable or unable to manage money properly
- The money can be protected from third parties who may not have the interest of the client at heart
- The money can be ring-fenced and protected from care fee assessments
- The money will be properly managed to give maximum benefit to the client and ensure the money lasts as long as possible
Our team will work with you to set up your personal injury trust and you can depend on our experts to:
- Advise on and set up your personal injury trust
- Look after the trust from day-to-day including dealing with tax and accounting matters
- Liaise with DWP or other benefit authorities where necessary, particularly where the 52 week disregard has expired, for means tested benefits and care
- Work with financial advisers to provide you with a complete advice service
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