Bank of America, N.A. v. Carpenter

This appeal arises from a dispute involving the plaintiff trustee Bank of America, N.A., the defendant income beneficiaries, and the defendant remainder beneficiaries concerning the termination date of a trust established by the will of the deceased, Hartley Harper. On cross-motions for summary judgment, the tried court granted summary judgment in favor of the remainder beneficiaries, ruling that the will should be read to require termination of the trust in 2013. The trial court also granted summary judgment in favor of the trustee on the remainder beneficiaries’ breach of fiduciary duty…