How Does A Henson Trust Work
Feb 27, 2020 ·
7m 22s
You should use a Henson Trust when, let's say a parent has a disabled child they want to leave money to, but that person's maybe not able to manage their...
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You should use a Henson Trust when, let's say a parent has a disabled child they want to leave money to, but that person's maybe not able to manage their own financial affairs or they're worried that a lump sum of cash might take away that person's disability benefits that they're getting from the government. A Henson Trust is a fully discretionary trust. the parents still need to name a trustee. Now this would be a trust that originates from a will. It would be a testamentary trust.
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| Author | Rob Tetrault |
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