English to Spanish Law/Patents Law: Contract(s) Insurance

it MaY happen that s Trust is the Owner and is a beneficiary for life insurance proceeds under this policy. and is authorized by the terms of the Trust instrument to purchase insurance on the life of the Insured's spouse. In this case, even if the SPPO (spouse's paid-up insurance purchase option) Rider states otherwise; the Trust may purchase the paid up life insurance. This purchase must be made In accordance with the provisions of the rider and as described in this endorsement The Company has the right to obtain a copy of the Trust instrument. ¿Podría ser un fondo fiduciario? Como ese Trust puede ser Titular (owner) y adqurir un seguro de vida liberado, es decir, ser sujeto de obligaciones y derechos, parece una persona jurídica. ¿Cómo se podrá traducir entonces? ¿Un fondo fiduciario podría "realizar" esas operaciones de compra? ¿Podría traducirse por "consorcio"? Muchas gracias de antemano