May 2010 Archive

Protect your compensation money and benefits with a personal injury trust

At present, if you receive compensation for a personal injury, the amount will be taken into account if you are assessed for means-tested benefits. One way of protecting both your compensation money and any benefit entitlements is to transfer the money into a personal injury trust, also known as a PI Trust. If you do this, you can receive both income and capital and the fund is not taken into consideration for the purpose of assessing you for benefits.
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