Fiduciary Law Update February 2013

Fiduciary Law Update February 2013


• Trustee may request releases and indemnification before making trust distributions—In Hastings v. PNC Bank, N.A., 2012 Md. LEXIS 614 (Sept. 27, 2012), a sharply divided Maryland Court of Appeals considered whether a trustee acted properly by requesting that the beneficiaries execute a broad release and indemnification agreem

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