ELI5: Explain Like I'm 5

Henson trust

Okay, kiddo. So, imagine you have a really special teddy bear that you love a lot, and you want to make sure it's taken care of even after you're not around anymore. That's sort of what a Henson Trust is all about!

A Henson Trust is a special kind of trust that is set up for people who have disabilities, like your friend who uses a wheelchair or your cousin who has a hard time communicating. This trust helps make sure that they have everything they need to be comfortable and happy throughout their life, even if their parents or guardians aren't around anymore to take care of them.

So, let's say your friend with the wheelchair needs a certain kind of bed that's really expensive, or maybe your cousin needs special therapy to help with their communication. These things can cost a lot of money, and sometimes families can't afford them. But with a Henson Trust, the money is already set aside and can be used for these important things.

One really cool thing about a Henson Trust is that it doesn't count as your friend or cousin's own money, so it doesn't affect things like government benefits they might be receiving. Plus, there are rules in place so that the money in the trust can only be used for your friend or cousin's benefit - it can't be taken away for any other reason.

So, in summary, a Henson Trust is a special trust that is set up to help people with disabilities have everything they need to be happy and comfortable throughout their life, even if their parents or guardians can't be there to help them. It's like having someone take care of your teddy bear, but for grown-ups!