We can help you claim
compensation following an accident
illness or injury - nationwide
Call: 0800 10 757 95
Mobile friendly number:
0333 240 0871
No win, no fee solicitors can help ensure that the victims of car accidents, work accidents, holiday accidents or medical negligence receive the full amounts of compensation they are entitled to for their pain, suffering, lost earnings and medical expenses.
However, in some cases those who receive a personal injury compensation settlement may find that it prevents them from also receiving the benefits they are entitled to, whether council tax benefit, housing benefit, working families' tax credit, income support, income based jobseeker's allowance or employment support allowance.
For example, if a no win, no fee solicitor secures a payout of over £6,000, one or more of the above types of benefit might be reduced – and in the case of the payout being in excess of £16,000, the claimant may lose the benefit in its entirety.
Fortunately, in these cases it might be possible for the claimant to set up a personal injury trust to ensure that benefits can continue to be paid and that the compensation is protected.
Although primarily known as a PI trust, other names for this type of arrangement are Special Needs Trust, Compensation Protection Trusts, Benefits Protections Trusts and Compensation Protection Plans.
When a trust is set up, it will require a trustee to look after it. Although this is usually a family member it can sometimes be someone from a firm of personal injury lawyers which has specialist knowledge on trust administration.
Any decision to commit compensation to a trust must be considered and informed, especially in cases where large sums are at stake, such as following a catastrophic injury settlement.
In fact, for sums above £50,000, the help of an independent financial advisor may be required.
Claim compensation with a leading no win, no fee solicitor
YouClaim has specialist expertise in all fields of personal injury claim.
We have helped clients secure maximum compensation settlements for car accidents, work accidents, holiday accidents and product liability-related injuries.
We do this without ever charging clients a single penny for our services, win or lose.
In addition, we never take a cut – our 100 per cent compensation promise.
To speak to a legal advisor about claiming with us and our no win, no fee solicitors, Echat online or call us on 0800 10 757 95 or on our mobile-friendly 0333 240 0871.
