Personal Injury Trust

chaka1970s

Hello, I was hoping to find some guidance on personal injury trust. Where to look for one etc, and are there anyways to avoid a solicitor handling it and charging fees? Can it be done without them, if so where do I start to look, is it a government thing or a bank account? Thank you.

xylophone

Take expert advice.

Examples

https://www.ellisonssolicitors.com/news/everything-you-need-to-know-about-personal-injury-trusts/

https://www.winstonsolicitors.co.uk/personal-injury-trusts

Techy_girl

I'm in the same situ so I'm searching "universal credit personal injury trust deed" and  also used CHAT GPT and asked "where can I find professional trustees for a personal injury trust and what the cost per year?"

Then I asked for based on city and company size ... my situation is different to most and  no-one can recommend a firm because each one is different based on your situation and goals.

v1ckyt

Hi there, 

am following this thread as hoping more knowledgably people come along than me.
Spoke to a solicitor re this today, they use Carter Allen, part of Santander banking group for their PI Trusts. Cost to set up is about £750, it is a non-interest paying bank account, and needs 2 trustees to co-sign all payments, either via cheque or internet banking. Am also interested to know if this can be done without the involvement/cost of solicitor fees.