Paraphrase:

(b) The validity of trusts of movables inter vivos
Here too, the question is whether the validity of the inter vivos trust is to be determined by the founder’s domicile or the locus of administration. It seems agreed that the lex situs has only a small role to play. The founder, or settlor, can also choose the law applicable.
Our cases are, however, silent on which connecting factor is to be used in the event of the founder not having made a choice.

(b) When it comes to trusts of movable property created during life, there is a debate over whether the validity of the trust should be based on the founder's domicile or the location of administration. It is generally accepted that the location of the property has limited importance in this determination. The founder can also decide which law should apply. However, it is unclear in our cases which connecting factor would be used if the founder does not make a choice.