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When you receive compensation for a personal injury you will probably just want to get on with your life. But as a part of getting on with things you should consider setting up a personal injury trust. It can help you keep your legal right to valuable means-tested benefits whilst also using your compensation. Even if you aren't eligible for such benefits now, please read on. This form of trust is still relevant.
If you receive compensation for a personal injury, even an interim payment, it will usually cut your means-tested benefits. That may cost you more than you think. Not having benefits stops other free services such as free prescriptions.
Even if you do not get means-tested benefits now, you might want to protect your compensation from the growing cost of long-term care. Local authority provision of long-term-care is a means-tested benefit.
If you take our simple step by step advice, your trust can meet your needs in the most benefits-efficient way possible.
As well as advising individuals on all aspects of compensation protection/personal injury trusts we also offer a service to other solicitors who may not be experts in this field.