Henson trust

noun

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.

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Meanings

nounHenson trust (plural Henson trusts)

plural Henson trusts

  1. CanadabusinessA 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.

Origin

After Leonard Henson of Guelph, Ontario, who set up an absolute discretionary trust that became the subject of a legal case.

Full word history & related roots →
Cite this entry
APA

Henson trust. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/Henson%20trust

MLA

“Henson trust.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/Henson%20trust. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “Henson trust,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/Henson%20trust.

Source: Henson trust on Wiktionary, CC BY-SA 4.0.