Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the disadvantages of setting up a personal injury trust?

0
Posted

What are the disadvantages of setting up a personal injury trust?

0

Like any other kind of trust, the monies are invested and held by trustees and so the client is dependent on the trustees to release money etc. But, the client him/herself would always be encouraged to be a trustee (except where inappropriate), which would alleviate (to some extent) any perceived problem over lack of control.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.