Three Certainties Law and Legal Definition

Three certainties is a term used in trust law that means an express trust must show certainty of intention, subject matter and object. "Certainty of intention" means that it must be clear the donor or testator meant to create a trust. "Certainty of subject matter" means that the trust property must be clear. Typically, the property must have been segregated from non-trust property, but with intangible assets there is not always a need for segregation. "Certainty of objects" means that the beneficiaries must be clear. /p>