indestructible trust

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

— Also termed Claflin trust.

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词条贡献者

法律翻译Iris，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与资本市场有关的法律文件。