Search Results for: destructible trust

indestructible trust

A trust that, because of the settlor’s wishes, cannot be prematurely terminated by the beneficiary. — Also termed Claflin trust.

indestructible trust 永久性信托指由于信托设立人的意愿而使受益人不能提前终止该信托。如在信托合同中规定，受托人不得侵损本金，而应将收益提供给某甲终身享用，在甲死后归其子及其后代，如无子或其子亦无后代则归其女及其后代享受。

destructible trust 可消灭的信托指容易因特定事件的发生或法律规定而被终止的信托。

A trust that can be destroyed by the happening of an event or by operation of law.

Claflin trust 〈美〉克拉夫林信托 (=indestructible trust)