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BOSTON SAFE DEPOSIT & TRUST CO. v. BOONE

21 Mass. App. Ct. 637 (1986)

489 N.E.2d 209

BOSTON SAFE DEPOSIT AND TRUST COMPANY & another, trustees, vs. E.G. BOONE & another, executors.

Appeals Court of Massachusetts, Norfolk.

February 24, 1986.

Attorney(s) appearing for the Case

Ronald F. Kehoe (Linda E. Meyer with him) for the defendants.

Richard W. Renehan (Charles C. Ames with him) for the plaintiffs.

Present: PERRETTA, KAPLAN, & FINE, JJ.

KAPLAN, J.E.G.

Boone and First National Bank of Venice, Florida, executors of the will of Bernice A. Pearson, objected to the seven accounts of Boston Safe Deposit and Trust Company (Boston Safe) and Clifford H. Byrnes, trustees of a marital deduction trust in favor of Mrs. Pearson. The ground of objection was that Boston Safe3 delayed unduly in liquidating the trust, with the ensuing market losses falling upon Mrs. Pearson's estate, which...

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