What Is A Henson Trust?

What is a Henson Trust?

If you are preparing your estate plan and one of your beneficiaries is a person with a disability, then one of the things you want to make sure that you take care of is ensuring that your estate plan is prepared in a manner that does not disturb any kind of government benefits that disabled beneficiary is entitled to receive.
It is very easy to fall outside of the rules that govern their entitlement to these benefits. So it's essential that you consult with a knowledgeable estate planning lawyer who has experience working with beneficiaries who are disabled.

If you have a question about Henson Trusts in Canada, I'd be happy to take a look at them. Leave your questions in the comment section below and I may feature your question in a future video. If you like this video please share it with someone or post the link on social media. Thanks for watching!

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[thewheeldeal]

can the beneficiary be the trustee too?

[ericsingh]

This is a nightmare do not ever do this or if you do this don’t use siblings to be in charge of a another siblings fund period