A Practical Guide to Personal Injury Trusts - 2nd Edition
Alan Robinson
Broschiertes Buch

A Practical Guide to Personal Injury Trusts - 2nd Edition

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Means tested social security benefits normally include a capital rule, under which someone with excess capital is disqualified from the benefits, or the amount payable is reduced. Similarly, someone with capital in excess of a certain amount is disqualified for local authority social care services, or will be required to make a contribution from their capital. Because a windfall, such as a legacy, can thereby deprive the claimant, the rules were amended to allow compensation for personal injury to be treated as exempt from the capital rule if placed in a trust. This in turn awakened interest i...