| Means-tested state benefits such as Income Support, Jobseekers Allowance and Local Authority Financial Assistance can be reduced or taken away entirely if a personal injury award exceeds a certain limit. That's where Special Needs Trusts come in - an innovation first developed by Frenkel Topping in 1995 specifically for such a suituation.
A Special Needs Trust ringfences certain state benefits, ensuring
that recipients of personal injury awards do not end up financially
worse off for having been awarded damages. We can advise free of
charge on the appropriateness of a Special Needs Trust for an individual
client and help structure and administer it in the most efficient
way.
FAQs To help you understand more about Special Needs Trusts we have put together a list of the most commonly asked questions from claimants, professional and trustees.
FAQs for claimants
FAQs for professionals
FAQs for trustees
Guide to tax
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