Mary* is an elderly lady with dementia, based in Northern Ireland, who was referred to Ruth Meyer...
Leading personal injury and medical negligence solicitors
Funds, be it compensation from a personal injury award or your own personal finances, can be managed in one of two ways:
The Deputy or Trustee usually becomes involved once an interim payment for compensation has been made or funds are available. However there is no legal authority to manage those funds until the Deputyship Order has been received or a Trust set up. This could take several months and it is therefore important to commence an application to appoint a Deputy or Trustee as soon as possible.
Money from a personal injury award once placed into a Deputyship or a Trust cannot be taken into account in respect to means testing for state benefits and therefore the funds in the Deputyship or Trust are effectively “ring-fenced”. However this is not the only advantage of a Deputyship or Personal Injury Trust and other points to consider are:
Funds can be invested in a number of ways including the Stock Market, National Savings or Premium Savings Bonds, bank accounts and property. Each portfolio is bespoke to the client’s needs and discussed fully with those who can assist in the decision making.
Mary* is an elderly lady with dementia, based in Northern Ireland, who was referred to Ruth Meyer...
Jamie* is a young adult who has spastic quadriplegic cerebral palsy as a result of...
Yvonne* is a young adult who suffered severe brain damage at birth resulting in dystonic...
Anthony* is now in his twenties but at the age of 3 he developed an illness, which was not...
The service was personal, professional and considered. I was treated so kindly and in the end I knew that not only had I found the right organisation but also the right person.
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