What is a Compensation Protection Trust?
A Compensation Protection Trust, or a Personal Injury Trust, is a specially designed way to manage compensation money received from personal injury or medical negligence claims. The trust helps manage these funds in a way that does not impact your eligibility for means-tested benefits.
Through this trust, your compensation is kept separate from your personal assets, so your receipt of benefits like Income Support or Housing Benefit remains unaffected.
Why should I get expert legal help when setting up a Compensation Protection Trust?
Setting up a Compensation Protection Trust involves specific legal requirements that can be complex. Expert legal help makes sure the trust is properly structured, meets legal standards, and protects your benefits.
At Spencer Churchill, we simplify this process for you, handling all the legal intricacies with clarity and precision. Our expertise means you can confidently set up your trust, knowing that your financial future and access to benefits are secure.