Personal Injury trust fund ???

lovelysummer

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Joined: Oct 2020

Posts: 10
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#1

Personal Injury trust fund ???

9th July 2023, 14:47:PM

Could anyone advise me on how a Personal Injury Trust Fund works please?

Does it have to be run by someone other than myself or my husband, and if you can only use a certain amount of the money as and when?

Where would be a safe option to look at.

Many thanks

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des8

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Joined: Mar 2013

Posts: 20769
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#2

9th July 2023, 17:17:PM

A PIT fund requires at least two trustees , one of whom can be the beneficiary.

A good guide, with lots of advice, is here https://www.headway.org.uk/media/278...-factsheet.pdf

Altho' it is written by the Brain Injury Association, it applies to any personal Injury trust.
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Personal Injury trust fund ???

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