What is a disability award?

A disability award refers to a financial benefit or compensation provided to individuals with disabilities to help them cope with the challenges and expenses associated with their condition. These awards can come from various sources, including orders of court, settlement agreements with negligent 3rd parties, insurance payouts or concerned family members. The purpose of these awards is to alleviate the financial burden often associated with living with a disability, covering expenses such as medical care, assistive devices, and other necessary accommodations.

How do we assist?

At Rodel Fiduciary, we specialise in cases involving disabilities caused by medical negligence. Our role is centred around advocating for the rights and well-being of the affected individuals. Here are some key aspects of what we offer:

Financial Management:

In cases of medical negligence resulting in a disability, individuals may be entitled to financial compensation for medical expenses, ongoing healthcare needs, loss of income, and other related costs. We can help manage and distribute these funds, ensuring they are used to cover current and future expenses related to the disability. We offer financial guidance to help clients make informed decisions about their funds. This may involve budgeting, planning for future expenses, and navigating tax implications.

Trust Administration:

If a settlement or award includes the establishment of a trust for the individual with a disability, we may take on the role of trust administrator. This involves managing the trust, making disbursements for approved expenses, and ensuring compliance with legal and financial regulations.

Coordination of Care:

We may work in collaboration with healthcare professionals and service providers to coordinate the ongoing care and support needed by individuals with disabilities. This includes ensuring access to necessary medical treatments, therapies, and support services.

Advocacy and Communication:

Advocacy is a crucial aspect of our role. We act as a strong advocate for our clients, ensuring that their rights are protected, and their needs are met. This may involve communicating with healthcare providers, insurance companies, and other relevant parties to negotiate on behalf of the individual with a disability.

Long-Term Planning:

We help clients plan for the long-term implications of their disabilities. This includes financial planning, estate planning, and other considerations to secure the individual’s future well-being.

Emotional Support:

Dealing with the consequences of medical negligence and living with a disability can be emotionally challenging. We offer emotional support or connect clients with resources and professionals who can provide counselling and assistance.