Trusts for Minors

For Clients coming into sums of money, we offer smart solutions to keep their finances safe and secure, throughout every walk of life. We offer support setting up Trust Bank Accounts, and where appropriate offer investment advice for Clients hoping to make their money go further.

Training details

A Trust for a Minor helps those under the age of 18 to avoid losses and unnecessary risks using the Court Funds Office to maximise their investment potential. A TFM protects minors from potential financial abuse and provides the option to convert a TFM into a PI Trusts once the Claimant reaches adulthood. This offers the Claimant financial protection throughout their lifetime.

The session will cover

  • Understanding how funds for minors are treated if held in court
  • Consideration of the available options for funds for minors
  • Understanding the factors to consider when applying to move funds into a trust
  • Appreciating ‘best practice’ with judicial guidance

Training facilitators

Presenter Frenkel Topping Limited

Ashley joined Frenkel Topping in 2017 as part of the graduate scheme and now serves as a Consultant. Her responsibilities include supporting clients throughout litigation and providing financial advice post-settlement. Ashley holds the Diploma in Regulated Financial Planning and aspires to become chartered. Ashley finds working with clients inspiring.

Host Frenkel Topping Group

Paul joined Frenkel Topping in February 2023 and has over 30 years’ experience in Account Management across multiple industries. Whilst he supports and develops law firms within Personal Injury and Clinical Negligence, Paul has a particular focus on Court of Protection to help develop long-lasting relationships with deputies and their clients and ensure Frenkel Topping is meeting the needs of Court of Protection teams.

Knowledge Hub is a trading style of Frenkel Topping Group PLC which is registered in England and Wales no: 04726826
Registered Office Address: Frenkel House, 15 Carolina Way, Salford, M50 2ZY
contactus@frenkeltopping.co.uk

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