This question should be answered using two IRAC structures. Please include all relevant keywords in your answer.
Louise buys a large apartment complex and deposits it into a trust created to run the complex. Her sister Kelly is named as the life beneficiary, while her brother John is named as the remainderman. Kelly and John argue that they are entitled to live in the complex without paying rent, as they are beneficiaries of the trust with the right to enjoyment of the trust property.
Will Kelly or John’s argument succeed in court?
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Hint
To answer this question you should think about and discuss first whether Kelly is entitled to the trust principal, and then whether John is entitled to the trust principal.
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Kelly
John
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