/lɔ ʌv trʌsts/ – Phrase
Definition: những quy phạm pháp luật về sở hữu tín thác.
A more thorough explanation: The legal English definition of the term “law of trusts” refers to the body of law that governs the creation and administration of trusts. Trust law outlines the rules and principles that regulate the relationship between the settlor (the person who creates the trust), the trustee (the person or entity who holds and manages the trust assets), and the beneficiaries (those who benefit from the trust). Trust law also covers the duties and responsibilities of trustees, the rights of beneficiaries, and the procedures for establishing, modifying, and terminating trusts.
Example: The law of trusts governs the relationship between a trustee and the beneficiaries of a trust.