Personal injury trusts and how I will help you

Personal injury trusts – how I can help

My aim is to help you decide if a personal injury trust is right for you. I deal with most clients by telephone, email and letter and a meeting is rarely necessary. I will:

• Help you decide if a trust for your compensation is right for you.
• Agree a fixed fee so you know the cost – £480 including VAT – correct at 1 July 2024.
• Gather information and documents.
• Prepare a trust deed.
• Guide you through signature and witnessing of the deed.
• Help and guide trustees to open a bank or building society account.
• Give notice to the agencies handling your benefits claim.
• Explain how the trust should operate.

“You really have helped us as we had absolutely no idea what we had to do and you have not only made it easy but removed a very very large amount of worry and made us feel better and that things have been dealt with correctly.“

I hope you will find me to be flexible, as I know you have other calls on your time. I am willing to talk out of office hours by prior arrangement, as I know many people can only be available in the evening or at weekends.

Once I have the information I need, I will send you a draft trust within a few days. Once agreed, I will send the trust document to you by post and, once signed and witnessed, your trustees can set up a current account for the trust with a bank or building society.

I will help and guide your trustees to set up an account for the trust. For a current account, the choice is limited to two banks. The choice is explained here. If you choose Metro Bank, the trustees will make application direct to a branch, but for Cater Allen my assistance is necessary, as the application must be made through a professional known to the bank. I cannot guarantee a current bank account will be opened, as the process is not in my control. The bank will make its own decision, based on identity, address, credit checks and anti-money laundering principles.

A trust is not limited to holding all funds in a bank current account and I will explain the options as we go along.

As we set up the trust, I will provide lots of information. My aim is that you and your trustees will be able to manage your trust confidently.

To help you decide if a trust is necessary:

• if you do not claim benefits please click here and
• if you do claim benefits please click here.

For help to set up personal injury trust without obligation please call 01392 314086.

Related content

How much does it cost to set up a personal injury trust?
Personal injury trusts and how I can help
Personal injury trusts guide