In most jurisdictions, personal injury lawyers can claim the cost of ‘funds management’ when compensation is being claimed for a child or someone with a brain injury. When your lawyer does their homework on this part of the claim, it can make a huge difference not only to the final settlement sum, but also the quality of life you and your loved one can enjoy for the rest of their life.

Thanks to the Australian Lawyers Alliance for the recent successful combined medical law and NSW conference in Sydney! A great way to see colleagues and stay up to date!

If your personal injury claim is just about to resolve, it’s important to make sure you get some good quality financial information and advice. Special rules apply to those receiving personal injury compensation, but time limits apply so don’t delay. Good decisions at this time will make a big difference to your financial future.

The law protects the right of an injured person without financial capacity to select the most appropriate substitute decision-maker. The best choice may be a family member, a private trustee company or the public trustee. The decision must be reasonable and in the best interests of the injured person.

Personal injury lawyers and families need to carefully consider who to appoint as substitute financial decision maker. This may be the public trustee, but in larger personal injury settlements it’s worth exploring all the options.