The cost for setting up a Personal Injury Trust, including all advice, is £800 plus VAT. There is an additional charge of £150 plus VAT for registration with HM Revenue & Customs, where necessary.
Annual on-going fees will depend on the amount of work we carry out. These costs will normally be paid as part of a personal injury settlement.
If our involvement is simply the completion of a tax return, then the fees will be approximately £300 plus VAT.
The costs for a Court of Protection Deputyship application are £950 plus VAT. There is also a Court fee of £385, and a medical practitioner may also charge for the capacity report.
A Security Bond is also required and annual premiums can range from £80 to £400. There will also be on-going annual costs which may be substantial.
These fees are our standard costs but these charges may be higher if your case is more complex. If this is the case then we will provide you with a quote. However, in the vast majority of cases our standard fees will apply.