Which are the three certainties that are necessary for the creation of an express trust?
A)Intention to create a trust,agreement and consideration.
B)Intention to create a trust,plus certainty of the identity of the property and beneficiaries.
C)Intention to create a trust,consent of the beneficiaries and agreement of the trustee.
D)Consideration,knowledge on the part of the beneficiaries and certainty of duration.

Question

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The three certainties necessary for the creation of an express trust are:
1. Intention to create a trust - This means that the person creating the trust (the settlor) must have a clear intention to create a trust rather than any other type of legal arrangement.
2. Certainty of the identity of the property - The property or assets that are to be held in the trust must be clearly identified and distinguishable from any other property or assets.
3. Certainty of the beneficiaries - The beneficiaries or those who will benefit from the trust must be clearly identified or at least capable of being identified.

Which Are the Three Certainties That Are Necessary for the Creation