We offer specific, tailored advice to claimants looking to invest damages, to ensure their long term security and financial stability.
Specialist financial advice is important to help personal injury claimants protect their interests. Many simply do not have the option to earn a living, and so managing their damages effectively is vital to their future wellbeing. Investing a lump sum and implementing a robust financial strategy can help claimants get the most from their payment; however, it can also be a daunting challenge.
Nestor gives advice on specific issues relating to personal injury claims, including:
- The use of trusts, the role of trustees and associated legislation
- Pre-settlement issues, such as periodical payments and how to choose investments that complement any conventional investments
- The role of the Court of Protection and the Public Guardian, where applicable
- The interaction of capital received with state benefits or local authority assistance
We understand that there needs to be a smooth transition between the legal team acting in their pre-settlement capacity, to our financial management team handling the case once it has been settled and damages have been awarded. We know that problems don’t disappear after a settlement; claimants simply face a different set of issues. We work to make sure all their concerns are addressed and the best possible plan for managing their finances is implemented.