Welcome to Connectit World. It's Free !! Join Now !!
 
HomeCalendarFAQSearchMemberlistUsergroupsRegisterLog in
Log in
Username:
Password:
Log in automatically: 
:: I forgot my password
Search
 
 

Display results as :
 
Rechercher Advanced Search
Keywords
November 2017
MonTueWedThuFriSatSun
  12345
6789101112
13141516171819
20212223242526
27282930   
CalendarCalendar
Affiliates

Share | 
 

  What is a Henson Trust?

View previous topic View next topic Go down 
AuthorMessage
outsourceseo
Member
Member


Posts : 338
Reputation : 0
Join date : 2012-05-30

PostSubject: What is a Henson Trust?   Mon Feb 06, 2017 9:46 pm

A Henson Trust is type of trust that is part of Canadian law. It is also referred to as an absolute discretionary trust or discretionary trust. A Henson Trust is a very specific type of trust that can be used only in the planning for a person who has a disability. The goal is to protect the inheritance, as well as other assets, of the disabled person so that he or she can still collect any means-tested government entitlements or benefits. It became common in 1989, when the courts ruled that if a trust's assets were not vested in the beneficiary, they could not be used as a reason for the person to be disqualified from government benefit programs.

Thanks

http://www.planyourwill.ca
Plan Your Will – Stephen Offenheim Lawyers
200 University Avenue
Toronto, Ontario
M5H 3C6
Back to top Go down
View user profile
 

What is a Henson Trust?

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Connect-it Forum :: General :: General Discussions-