Provides a clear strategy on how to deal with Personal Injury awards helping to review the use of Personal Injury Trusts through to investment of lump sums for future income and capital needs. This will be carried out in the following stages:
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Purpose
To identify whether the damages should be placed within a Personal Injury Trust prior to the award being made
Benefits to claimants and their solicitors
No matter how large or small the damages award when a client is claiming means tested state benefits placing the damages in trust could help save them hundreds and possibly even thousands of pounds providing a few simple guidelines on how to use the capital and income from the trust are followed
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Purpose
To identify how and where the damages award should be invested in order to achieve the client’s immediate and long term capital and income needs, taking into account the client’s personal attitude to risk, taxation position and ethical requirements
Benefits to claimants and their solicitors
Investing the damages award will be one of the biggest and often daunting decisions that many claimants and their families will ever make. Experienced advice will help them to build a portfolio for life
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Purpose
To provide a detailed service keeping the claimant and their family up to date with changes in taxation and the investment world and regular reports on the progress of their assets. The reviews will also recommend any changes to the portfolio to ensure that the damages continue to meet the changing needs of the claimant
Benefits to claimants and their solicitors
A formal support relationship for claimants to ensure a structured approach to investment management of the damages awarded
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THREE COUNTIES LIMITED Cale Cross House, 156 Pilgrim Street, Newcastle upon Tyne, NE1 6SU
Telephone (0191) 230 3034 Fascimile (0191) 230 3035 Email info@three-counties.co.uk www.three-counties.co.uk
Three Counties Limited is registered in England and Wales. Registration No.2353873 Registered Office: As above
Authorised and regulated by the Financial Services Authority (FSA) although the FSA may not regulate all products/services recommended