If a child is physically disabled but likely to understand financial decisions at the age of 18 and manage their award then we can make an application for a private trust to be set up with the parents and a partner in Boyes Turner as the trustees.
This is so we can manage the funds for the child flexibly and also assist the child in understanding how their money can be managed as they get older.
The use of a private trust offers you flexibility on decisions regarding investments or the purchase of property and all other major decisions can be made without having to make further time-consuming applications to the court.
Having a professional trustee also gives the child an independent person to turn to, should they so wish, and they also act as an officer of the court until the child reaches the age of 18.
If a child is mentally disabled and unlikely to understand financial decisions at 18 then a different application has to be made and this relates to an application to the Court of Protection for a deputy to be appointed to manage the compensation award.
We can act as a professional deputy and work closely with the family so as to achieve the best for the child. We understand the concerns families face and offer an approachable and friendly service, always putting everything in plain English.
To discuss making an application for deputyship, please get in touch with the team on 0800 884 0722 or email us at firstname.lastname@example.org.
Anthony's Case - Deputyship
Yvonne’s Case – Deputyship
Jamie’s Case - Deputyship