/testəˈmentəri trʌst/ – Phrase
Definition: sở hữu tín thác được thiết lập theo chúc thư.
A more thorough explanation: A testamentary trust is a trust established through a person’s will, which comes into effect upon the person’s death. The trust is created to manage and distribute assets according to the terms specified in the will.
Example: A testamentary trust is a trust established in a person’s will, which only comes into effect upon the person’s death.