Personal injury trusts – what they are and how we help
A personal injury trust is a legal arrangement used to hold compensation awarded as a result of an injury. It’s designed to keep your settlement separate from your personal assets, ensuring it doesn’t affect your means-tested benefits or expose your compensation to unnecessary risk.
We understand that receiving compensation after a personal injury can bring relief but also uncertainty. Our dedicated solicitors work closely with you to set up a personal injury trust tailored to your circumstances, providing transparency and careful management throughout.
Personal Injury Trusts are generally tax-efficient when structured correctly. They protect your entitlement to benefits, keep your compensation safe, and provide peace of mind that your settlement is working as it should for you and your family.
While there are costs involved in setting up and maintaining these trusts, and they require careful administration, the benefits in protecting your financial security are significant.
We guide you through every step of this process, ensuring your Personal Injury Trust is established to meet legal requirements and your personal needs. Our expertise, recognised in respected legal directories such as Legal 500, means you can be confident you are in capable hands.
Expert guidance on personal injury trust setup
We take the time to understand your unique situation and explain clearly how a personal injury trust can work for you, guiding you through the setup with empathy and precision.
Tailored trust structures
No two cases are the same. We design trust arrangements that reflect your specific financial circumstances and long-term goals, ensuring optimal protection.
Protecting your benefit entitlement
We focus on structuring trusts to ensure your compensation does not impact your essential means-tested benefits, safeguarding your financial wellbeing.
Skilled ongoing trust management support
We provide ongoing advice and support for the careful administration required to keep your trust compliant and working smoothly for you.
Transparent and fair costs
We are upfront about all fees involved with setting up and maintaining your personal injury trust, so there are no surprises and you can plan confidently.
Clear, compassionate communication
You’ll always know where you stand with us. We promise straightforward advice in plain language, keeping you informed and comfortable throughout.
A Recognised leader in personal injury law
As a Legal 500 recommended firm in both personal injury and private client, our team has a proven track record.
Long-term partnership and support
We’re not here for one transaction. We commit to being your trusted legal partner through all the chapters of your life, ready to assist whenever you need us.
How we support clients with personal injury trusts
Setting up a personal injury trust is an important decision, deserving personal attention and specialist knowledge. We listen carefully to your needs, helping you understand the benefits and any responsibilities involved.
Our approach is thorough and thoughtful. We handle the legal complexities, letting you focus on what matters most – your health and future. We also coordinate with other professionals, such as financial advisors and accountants, to provide a holistic service.
We understand the emotional and practical challenges our clients face. That’s why we’re committed to making this process as smooth and reassuring as possible. By securing your compensation in a trust, we help protect your independence and maintain vital support from benefits – all with your long-term peace of mind at heart.
Personal injury trusts FAQs
We understand you might be looking for answers, so we’ve compiled a list of frequently asked questions to help get you started.
It’s a legal arrangement where your compensation is held separately by trustees, protecting your award from affecting your means-tested benefits and safeguarding it from certain risks.
Not always, but if you receive a significant compensation payment and claim means-tested benefits, a trust is often the best way to protect your entitlement.
Costs vary depending on the complexity, but we provide clear, upfront information so you can make an informed decision.
When structured properly, Personal Injury Trusts tend to be tax-efficient, helping your award serve your best interests.
Yes, trusts can be reviewed and managed. We offer ongoing support to ensure your trust continues to meet your needs and complies with all legal requirements.
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Your key contact
You can contact us now to book an initial consultation. Or for more information please contact Kristian Croad on the details below.
Kristian Croad
Partner