Invest personal injury trust

Peterjones1234

Hi all,

Could any of you point me in the right direction on how to invest money held in a personal injury trust?

I'm one of the trustees and would like to invest the money as it's currently sat there doing nothing! Any advise would be much appreciated.

Thank you.

P

MyRealNameToo

There are few that offer personal injury trusts these days, have you spoken to your current bank on what options they have?

dunstonh

The trustees have a legal responsibility not only to do what is right, but to be able to demonstrate that they have acted properly when making decisions about the trust assets.

Asking anonymous internet posters how to invest the trust without first setting out the trust’s objectives, terms, time horizon, and risk tolerance is unlikely to meet that standard. Depending on the size and importance of the award, there are potentially tens of thousands of potential investment options and almost limitless combinations. There is also the right tax wrapper to consider. Not many DIY providers have an offshore trust bond available.

poseidon1

OP if I am not mistaken your current question is directly linked to your previous post back in 2023?

Therefore if I understand correctly the trust monies in question result from an injury you incurred and therefore you are not only a trustee but also a primary beneficiary of the trust?

You have not indicated how much you were awarded and therefore whether it would be worth your while engaging either an IFA or a wealth manager with specific competency in trust investment management.

However, there is a distinction between PI trusts created to preserve entitlements to state benefits (discretionary trusts) and those established as bare trusts with no discretionary powers over how income and capital are applied on behalf of the primary beneficiary.

Since you have provided no information on which category yours fall under suggest you read the following -

https://www.mandg.com/wealth/adviser-services/tech-matters/iht-and-estate-planning/other-type-of-trust/personal-injury-trust

Once you have a proper sense of what was actually created on your behalf and the quantum of the award you are managing, maybe in better position to point you in an appropriate direction for assistance.