How do I create a Henson Trust?
First you must ensure the "Disability" button has been clicked in the Special Circumstances section for that beneficiary.
- Navigate to the "People" tab.
- Double click on the beneficiary to edit their details.
- Scroll to the "Special Circumstances" section and click the "Disability" button.
To create the gift:
- Navigate to the scenario for which you wish to create the gift.
- To ensure it is properly set up to create a Henson Trust:
- Set the gift type to "Trust".
- Set the "Duration" as "Death of beneficiary".
- Set the "Discretionary payments" to "Unlimited".
Note: The wording of the clause will not explicitly say that it is a Henson Trust, however it will be worded in a way that makes it a Henson Trust.