The Chancellor has announced further measures to try to lessen the impact of COVID-19 on the economy and particularly on unemployment. Sadly though, it is still likely that many people will find themselves out of work and needing to claim benefits.
If you have received a lump sum payment from a personal injury claim this could mean that your savings are too high for you to claim means tested benefits such as Universal Credit, Council Tax Benefit or Housing Benefit. But there is a solution to this problem.
Fiona Bruce Solicitors have recovered compensation of well over £100,000 in a number of recent cases. We have been able to set up Personal Injury Trusts for our clients so that their compensation is not taken into account when the DWP assess their claims for benefits. This is something that all injured claimants should have in mind, even if they are in what seems to be secure employment when their compensation is paid. It may not be too late – if you received your compensation within the last 12 months you may still be able to do this.
The contents of this article do not constitute legal advice and are provided for general information purposes only.
The contents of this post do not constitute legal advice and are provided for general information purposes only ■
