If you receive compensation for a personal or medical negligence injury, it can often cut your means-tested benefits.
That may cost you a lot more than you think and the reduction of benefits can also stop other free services such as free prescriptions.
Even if you do not receive means-tested benefits now you might want to protect your compensation from the growing cost of long-term care in the future.
Using your compensation award to set up a personal injury trust means the award is under the control of trustees. The trustees look after your compensation (the trust fund) for the benefit of you while you are alive and for any other people you choose.
This means that your compensation may continue to provide help for longer, making you financially better off.
We offer expert guidance on the merits of using a trust to receive a personal injury compensation. We can deal with all compliance requirements with HM Revenue & Customs on behalf of the trustees.
Our legal experts will discuss the options available to you at the appropriate time.