/dɪˈskrɛʃəˌnɛri trʌst/ – Phrase
Definition: sở hữu tín thác cho phép chủ sở hữu tín thác được tự định đoạt theo ý mình.
A more thorough explanation: A discretionary trust is a type of trust in which the trustee has the discretion to decide how the trust assets are distributed among the beneficiaries. The trustee has the authority to determine the timing, amount, and recipients of distributions from the trust, based on the terms of the trust document and the trustee’s judgment.
Example: In a discretionary trust, the trustee has the discretion to decide how and when to distribute the trust assets to the beneficiaries.