A personal injury trust is a legal arrangement designed to store and manage the funds received from a personal injury settlement for the life enhancement of the person injured. The person who creates the trust is called the settlor and is the victim of the personal injury claim. Once the trust is set up, Cardinal Trust will oversee the trust itself, including disbursement of funds and general management, working collaboratively with the person injured, a possible Guardian, the personal injury attorney and the investment advisor selected by the team involved. Some of the most common personal injury cases that lead to personal injury trusts include accidents, medical and clinical injuries resulting from criminal acts.
Personal Injury/Medical Malpractice Settlement Trusts