Legal
A Henson Trust is a unique legal arrangement designed to protect the financial well-being of individuals with exceptionalities, particularly those who receive government benefits or assistance. Unlike traditional trusts, assets held in a Henson Trust do not impact the beneficiary’s eligibility for government benefits such as disability assistance or income support.
In a Henson Trust, a trusted individual or entity (the trustee) manages assets on behalf of the beneficiary with a disability. The trustee has full discretion over the distribution of funds, ensuring that the beneficiary’s needs are met without jeopardizing their eligibility for essential government benefits.
By establishing a Henson Trust, families can provide long-term financial security for their loved ones with disabilities, ensuring they receive the care and support they need while preserving their access to crucial government assistance programs.
For more information on how a Henson Trust can benefit your family, check out this video.
Suzanna has been practicing law for over 15 years… her practice focuses on succession planning for both individuals and corporations.
Suzanna has vast experience in estate planning, including multiple will strategies, Henson trusts, and various other testamentary trusts. Suzanna, regularly works with accountants and professional advisors to implement business succession plans that will give effect to the interests and wishes of clients, while simultaneously protecting the business and the clients beneficiaries and successors.
Suzanna, has again vast experience working with families who have special needs children and adults…