What is a personal injury trust?

A personal injury trust is a common part of disability planning in Pennsylvania. It is a legal arrangement that allows individuals to set aside money to pay for medical expenses, living costs, and any other expenses associated with a disability. The trust is established with the help of an attorney and is often funded with insurance money, lawsuit proceeds, or other forms of income. The trust is established to provide secure and dependable long-term financial support for a person with disabilities. It ensures the money is used for the benefit of the person, and that the money is not taken away or used for other purposes. The trust can provide for the disabled person’s needs, including medical expenses, education costs, living expenses and other supportive services such as transportation, home modifications, and even specialized care. A Personal Injury Trust is an important part of disability planning because it provides those with disabilities and their families with the financial security they need to live a life of independence and dignity. It also helps ensure that those with disabilities can access the resources they need to live a full and meaningful life.

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What is a personal injury trust?

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