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HASTINGS v. PNC BANK, NA

No. 109, Sept. Term, 2011.

54 A.3d 714 (2012)

429 Md. 5

Barbara HASTINGS, et al. v. PNC BANK, NA.

Court of Appeals of Maryland.

Reconsideration Denied November 15, 2012.

Attorney(s) appearing for the Case

John H. Doud, III , Baltimore, MD, for petitioners.

Richard L. Lyon (Law Office of Richard L. Lyon, Bethesda, MD), on brief, for respondent.

Phoebe Papageorgiou , Mathew Street , American Bankers Association, Washington, DC, Brian L. Moffet , Gordon Feinblatt LLC, Baltimore, MD, for amicus curiae brief of American Bankers Association and Maryland Bankers Association in Support of Appellee PNC Bank, NA, Urging Affirmance.

Argued before BELL, C.J., BATTAGLIA, GREENE, ADKINS, BARBERA, McDONALD, and IRMA S. RAKER (Retired, Specially Assigned), JJ.

Opinion by BARBERA, J.

Petitioners, Barbara Hastings, R. Cort Kirkwood, and Ann K. Robinson are beneficiaries of a testamentary trust who have sued the trustee, Respondent PNC Bank, NA (PNC). Petitioners allege that PNC improperly demanded that each beneficiary execute a broad release agreement prior to distribution and misapplied the provisions of the Maryland Code, Tax-General Article,1 in calculating the amount of inheritance tax owed...

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