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Personal Injury Trusts

Monday, 13 February 2012 11:12

 

Are you about to receive, or have you received, Compensation from a Personal Injury Claim in the last 10 months? If so contact us for a Free Initial consultation to see how and why you need to protect this through a Personal Injury Trust.

Why should I consider a Personal Injury Trust?

If you don’t, you and/or your partner could lose thousands of pounds by loss of right to receive means tested benefits – either now or in the future. For example if you or your spouse/partner lose your job or have to go into residential care.

What are Means Tested Benefits?

Income Support and Job seekers Allowance

Housing and Council Tax Benefits

Child and Working tax credits

Free residential care fees

 

How will it help me?

If the compensation payment is in a Personal Injury Trust you don’t lose your right to receive means tested benefits.

What will happen to my money in the Personal Injury Trust?

It will be held in the trust for your benefit but it can only be used for ‘extras’ – which are not day to day living costs (otherwise means tested benefits may be affected). Extras include cars, houses, Sky TV, broadband, holidays etc – i.e you can have your cake and eat it!

Contact us to set up a Personal Injury trust for you which will be specifically designed to suit your needs.

 

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