For Clients coming into sums of money, we offer smart solutions to keep their finances safe and secure, throughout every walk of life. We offer support setting up Trust Bank Accounts, and where appropriate offer investment advice for Clients hoping to make their money go further.

Find out more about the Trusts we offer below:

Personal Injury Trust

Overview

Frenkel Topping was one of the first to pioneer the Personal Injury Trust in the UK. A PI Trust is a trust fund that helps protect means tested local authority funding and care. A PI Trust receives the same tax allowances as an individual and it is ignored by local authorities. Frenkel Topping will open a trust bank account for the Claimant, and all PI Trust fees will be deferred until settlement.

We will also write to relevant benefits offices.

Features

  • Can protect large sums of Claimant’s money across their lifetime
  • Claimant has a trust bank account opened for them
  • Can offer ancillary protection against other vulnerabilities
  • Can hold cash investments and/or property
  • Payment deferred until settlement
  • Some of the fee can also be reclaimed as part of litigation.

Trust for Minors

Overview

A Trust for a Minor helps those under the age of 18 to avoid losses and unnecessary risks using the Court Funds Office to maximise their investment potential. A TFM protects minors from potential financial abuse and provides the option to convert a TFM into a PI Trusts once the Claimant reaches adulthood. This offers the Claimant financial protection throughout their lifetime. Using this service Clients will have access to wider investment offerings, which a Frenkel Topping adviser will guide you through with regular reviews.

Features

  • Can be converted to a PI Trust once the Claimant reaches 18
  • Funds are more likely to last their lifetime
  • Maximise investment through the Court Funds Office
  • Protect minors from financial abuse
  • Active management
  • Bi-annual valuation
  • Annual performance report
  • Updates to cash flow modelling
  • Tax planning and annual tax returns
  • Review of Welfare Benefit Entitlement

Alec has patiently explained every detail to me and my trustee, treating me with sincere respect. The service I have received is better than any company I have ever dealt with. I have been supported the whole way and will continue to recommend Frenkel Topping to friends and family for the rest of my life.

Frenkel Topping Client Talking about Alec Chan, our Personal Injury Trust Team Leader

Get in touch, we'd love to hear from you...

Call us on: 0161 886 8000
Email: enquiries@frenkeltopping.co.uk
Or click below to use our contact form.

Past performance is not a reliable indicator of future performance. Investment values can go down as well as up and may be affected by exchange rate variations. The level of tax paid on an investment depends on investor tax status and tax law which is subject to change.

Frenkel Topping Limited is authorised and regulated by the Financial Conduct Authority No: 145186. Registered in England No: 02312427. Expert Witness Services, Welfare Benefit Reviews and APIL accredited training are not regulated by the Financial Conduct Authority.

The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk.

© Frenkel Topping Limited