Personal Injury

Investment of Damages & Personal Injury Trusts

If you have had an accident or suffered a personal injury, our personal injury lawyers can advise you as to whether you may have a claim for damages. Please see our personal injury section.

If you have received, or are about to receive, damages as a result of a personal injury, our financial services team can advise you as to the investment options available and also discuss whether you should consider protecting your damages by setting up a personal injury trust.

This is a specialist area and we have experienced lawyers and financial advisers who regularly deal with this subject. The right advice now can save you thousands of pounds in the future.

If you would like to arrange an appointment to see one of our advisers, please click here or contact Richard Ludlow on (01476) 591550.

Special Needs Trusts

These are trusts which can be set up by individuals who have been awarded compensation as a result of a personal injury. If you are in receipt of means tested benefits, or may be entitled to these at some point in the future, you may lose your entitlement if you have more than £8,000. You can, however, protect these benefits by putting your personal injury compensation into a special needs trust.

The trust is set up entirely for your benefit. You can say where you would like the money to be invested and if you need anything such as a car or a television then the money can be used to buy these for you. Whilst there are a few exceptions, these trusts are designed to be flexible.

Please note that a special needs trust should be set up prior to receipt of your compensation award. Please get in touch if you would like further information.

Investing Damages

For some people, when they have been injured or even permanently disabled, the last thing they want to worry about is money. But that is often the situation many people find themselves in after receiving a personal injury award.

That’s where we can help. Our financial advisers offer independent impartial advice based on your particular circumstances. If you would like to arrange a free initial consultation, click here or contact Richard Ludlow on (01780) 764145.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT