/ɪˈrɛvəkəbəl trʌst/ – Phrase
Definition: sở hữu tín thác không thể hủy ngang, sở hữu tín thác mà người thiết lập không thể thay đổi các điều kiện của nó.
A more thorough explanation: An irrevocable trust is a type of trust that cannot be modified, amended, or revoked once it has been established, except under very limited circumstances specified in the trust agreement or by law. This type of trust is typically used for estate planning purposes to protect assets and provide for beneficiaries in a secure and predetermined manner.
Example: The settlor established an irrevocable trust, which means that the terms of the trust cannot be changed or revoked once it is created.