This question should be answered using two IRAC structures. Please include all relevant keywords in your answer.
Martha, a trustee, comingles trust assets with her own property when making investments. After the value of the comingled property increases by $10,000, Martha separates the trust assets from her money and keeps the additional $10,000.
Has Martha breached her duties as trustee?
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Hint
To answer this question, you should think about and discuss whether Martha breached her duties by commingling trust assets with her own property, and whether she breached her duties by keeping the additional $10,000.
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Commingling Trust Assets
Additional $10,000
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