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:
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.
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.
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.