Semler v. Corestates Bank

The opinion of the court was delivered by

BROCHIN, J.A.D.

Defendant CoreStates Bank, successor by merger to First Pennsylvania Bank, N.A., is a co-executor and co-trustee of the estate of Henry F. Lenahan, Sr. who died in 1977. The other co-executor and co-trustee is the decedent’s older son, third-party defendant Henry F. (“Hank”) Lenahan, Jr. He and the decedent’s other children, plaintiffs Judith Semler, Mary Lou Yule, Timothy Lenahan, and James M. Lenahan are the sole beneficiaries of Henry F. Lenahan, Sr.’s estate. The largest single asset of the estate was a $700,000 installment…