If you have been awarded compensation for a personal injury you may find that the award affects your means tested state benefits.
Your personal injury award has been made to cover your loss of earnings or maybe to pay for adaptations to your home. A personal injury trust may help you to be able to continue receiving state benefits by ensuring your compensation is not taken into account when deciding if you are entitled to benefits.
You and your partner can have £6,000 between you before your benefits will be affected. The trust operates by placing the money in an account or investment in the name of Trustees (often you and your spouse or partner, parents, friends or Solicitors). The Trustees hold the money for you as the beneficiary and release it as and when required. The trust money is in a special account separate from your personal finances.
We can help you with:
Gotelee’s breadth of experience enables us to deal with all aspects of your personal injury from claim and settlement to the setting up of the trust with clear, concise advice every step of the way.
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"“ This is the second time we have used Tracey for the conveyancing to buy our new home. She is always completely approachable, she has helped us along the way with advice and useful tips that has helped lessen the stress. We have complete confidence in her and would not hesitate to recommend her to our friends and family”. - Peter Dawes, Cater Dawes Financial Planning "
"Approachable, very efficient, always willing to take my calls and update me."
"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."
- Ros Jones
"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"
"We found Rachel Dawson outstanding, polite, professional and caring."
"Jade made the process of buying our first home quick, easy and took the stress out of a new chapter of our lives"
"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"