Compensation awards are taken into account when calculating means-tested benefits. Compensation Protection Trusts can be used to protect entitlement to means-tested benefits.
So if you, or someone you know, are due to receive a compensation award for a personal injury or medical negligence claim, it is worth considering a Compensation Protection Trust.
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Is your Will up to date? We recommend preparing Wills to all our clients as an aid to lifetime planning as well us to ensure that what you want to happen to your assets on death happens. Click here to find out more about our Will writing service.
We also recommend preparing Lasting Powers to safeguard the position should you become unable to manage your affairs. Find out more about drafting a Lasting Power of Attorney.