Consider a "Henson Trust" to provide for a disabled beneficiary:

Consider a "Henson Trust" to provide for a disabled beneficiary
Important information to consider about "Henson Trusts":

• The trustee has full discretion over trust property and payments to the beneficiary; 
• The beneficiary cannot force the trustee to make payments out of the trust and cannot unilaterally dissolve the trust; 
• Since the beneficiary has no entitlement to receive property from the trust, the trust is not generally treated as an asset of the beneficiary;
• Therefore, this type of trust is an effective way to provide for a disabled person without jeopardizing their eligibility for social assistance benefits.

To determine if a "Henson Trust" is appropriate in your circumstances, reach out to us by phone or email for a complimentary consultation.