Between settlor and trustee, due to the establishment of the trust.

一因信讬行为成立,委讬人与受讬人间.

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The residence of the settlor determines the tax residency of the trust.

设立人居住地决定该信托税务居地身份.

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The settlor is the person who is responsible for creating the trust.

财产赠与者是对创立信托应负责任的人.

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The trustee must obey and carry out be directions of the settlor.

受托人必须遵守并执行财产赠与人的指示.

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An express trust is created by the intentional act of a settlor.

明示信托因财产赠与人的有目的的行为而设立.

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