Key practical points:
• A trust is a relationship among three parties: settlor, trustee (manager) and beneficiary.
• Trust property is separate from the trustee's own assets and cannot be pursued for the trustee's personal debts.
• The trustee must manage the property with loyalty and care, solely for the beneficiaries.
• A trust must have a lawful, definite purpose and identified property.
• Trusts are used in succession planning, wealth management and charitable work.
• Seek a specialist adviser when setting up a trust, especially for cross-border assets.
💼 Contracts
Trust Law · Yalla China
中华人民共和国信托法 / Trust Law
📝 Overview
A law governing trusts, where a settlor transfers property to a trustee to manage for the benefit of beneficiaries under stated purposes. It is used in wealth management, investment and charitable purposes.
This is general information only, not legal advice. For your specific case, consult a licensed lawyer.
📜 The law text / key provisions
🕒 Updated: 16 March 2026