Three Certainties are Essential to Justify the Validity of an Express Trust. However, Surrounding case law has detrimentally affected their Efficacy.'
Introduction
Regarding to law, it is said that trust gives one of the strongest obligations on the trustee and therefore as an impact, no one should take the responsibilities of trust lightly. According to the la of equity, there is a requirement that the three involved formalities and certainties must be completed before the constitution of an express trust. The three certainties in trust could be well described as a set of conditions which exemplify the trust if fulfilled. These three ...