Website Cookie Policy

We use cookies to give you the best possible online experience. If you continue, we’ll assume you are happy for your web browser to receive all cookies from our website.
See our cookie policy for more information.

✓ Accept & Close

Practice Areas

More Information

thepartners@wrigleys.co.uk

Leeds: 0113 244 6100

Sheffield: 0114 267 5588

FOLLOW WRIGLEYS:

Send us an enquiry
Close

Hints and tips for trustees of Personal Injury Trusts

12 December 2016

7 simple tips for trustees

           

   
   

PI Trust Checklist – Hints and tips for trustees:   

   

On day 1:

 
  • Notify the benefits authorities about the trust.
    •     
  • Set  up a 'trustee bank account' rather than a normal current account.
    •    
 From then on, don't forget to: 
  • Make confident decisions and don't be swayed from your trustee duties
    •     
  • Ensure your financial adviser is fully independent and not tied to a financial services company.
    •     
  • Buy property in the trustees' names, not the beneficiary's name.
    •     
  • Disclose the trust when applying for care benefits
    •     
  • File tax returns
    •    
   
   

 

 

 

 
Lynne Bradey View Biography

Lynne Bradey

Partner
Sheffield

News
Events
Publications
13 Nov 2025
Joanna Blackman Headshot

Establishing a charitable foundation to support your school

We look at the benefits of establishing a charitable foundation to support your school, the issues to consider, and the process involved.

Click here to read more
10 Nov 2025
Emma Ridge Headshot

Delivering Biodiversity Net Gain through Habitat Banking

A landowner uses a habitat bank to deliver Biodiversity Net Gain, generating income and supporting nature recovery through legal agreements.

Click here to read more
10 Nov 2025
Michael Crowther Headshot

Illegality and the Working Time Regulations

A recent Tribunal decision considered the case of an employee dismissed for working in breach of Working Time Regulations.

Click here to read more
Read All News