HENSON TRUST

A Henson trust is a type of trust that is placed within a Will and is designed for children who are disabled and are collecting some sort of pension or entitlement from the government.

The problem is that if a disabled child is left an inheritance in a Will then they will probably lose their government pension and other entitlements. The potential loss of a pension and entitlements is a huge concern for parents and grandparents.

A Henson trust – properly drafted – will allow the disabled person to receive part of their inheritance on a yearly or monthly basis and in a reasonable manner that will not effect their pension and other entitlements.

I have in my family children who are disabled and I know and appreciate the concerns of the parents and grandparents of these children.

I find that lawyers in Ontario generally charge a significant fee for Wills containing a Henson trust.

I do not think that a Will containing a Henson Trust deserves to be billed at a premium rate. To prepare a Will with a Henson Trust is more work but certainly not worth what some lawyers will charge.

Do you need help setting up a Henson Trust for your child or grandchild?

I generally only prepare Wills for my clients and people referred to me by my clients. That is more than enough wills for me. However I will take on a new client if they require a Henson Trust . And I shall bill these wills at a reasonable rate.

Contact me today for a no obligation quote! Toll-free at 1(866)969-4557.

Richard F. Vero, B.A., LL.B. Barrister, Solicitor,Notary Public