As a result of marital problems, Howard R. Bankerd left for the west, and Virginia Bankerd, his
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Nine years later, Virginia, who was nearing retirement, requested King to exercise his power of attorney and transfer Howard’s interest in the home to her. King’s attempts to locate Howard were unsuccessful. He believed that Howard, who would then be 69 years of age, might be dead. King gifted Howard’s interest in the property to Virginia, who sold the property for $ 62,500. Four years later, Howard returned and filed suit against King, alleging breach of trust and fiduciary duty. Is King liable? King v. Bankerd, 492 A. 2d 608, 1985 Md. Lexis 589 (Court of Appeals of Maryland)
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ISBN: 978-0134004006
9th edition
Authors: Henry R. Cheeseman
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