How Does A Henson Trust Work




The Rob Tetrault Show show

Summary: 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.