摘要：

信托财产相对于委托人的独立性是一个被忽视的问题，此研究不仅对理解信托财产的独立性非常重要，对深化理解信托的本质和信托运作机理也至关重要。委托人通过一个处分行为，把信托财产和自身的责任财产分离，初步实现信托财产的部分独立性效果。委托人保留或弱或强的权利并不必然导致信托财产丧失独立性。信托财产独立性是信托设立的可能后果而非必然后果，是一个渐进的过程，只能首先产生针对委托人的独立性，至于能否产生针对受托人的独立性，取决于是否进行信托登记公示或者受托人是否履行分别管理义务。

关键词: 信托财产独立性, 破产隔离, 被动信托, 可撤回信托

Abstract:

The independence of trust property against the settlor is a neglected problem.This study is not only very important for understanding the independence of trust property，but also important for deepening the understanding of the essence of trust and trust operation mechanism.Through a disposition，the settlor separates the trust property from his own property，and initially realizes the independent effect of the trust property.The rights reserved by the settlor are weak or strong does not necessarily lead to the failure of independence of the trust property.The independence of trust property is a possible rather than inevitable consequence of the establishment of a trust.It is a gradual process，which can only produce the independence against the settlor first.Whether the independence can be generated depends on whether the trust property is publicized or whether the trustee performs the respective management obligations.

Key words: Independence of Trust Property, Bankruptcy Remoteness, Passive Trust, Revocable Trust