Henson trust en · NOUN
Etymology
After Leonard Henson of Guelph, Ontario, who set up an absolute discretionary trust that became the subject of a legal case.
Meanings
- (Canada) A trust that protects the assets of a disabled person (typically an inheritance) and gives the trustee absolute discretion in how to use those assets to assist the beneficiary.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| Henson trusts | Number=Plur | lexicographic |