ESTATE OF ALEXANDER GROSSKOPF, Deceased

ESTATE OF ALEXANDER GROSSKOPF, Deceased — The executor, the decedent's sister, seeks authorization to sell the decedent's one-half interest in real property located in the Bronx. The decedent's two children hold the other one-half interest in the property, and they are also selling their interest under the proposed contract of sale. Jurisdiction was obtained over the decedent's two children, as well as over one adult great grandchild and six infant great grandchildren of the decedent who, collectively, are the devisees of the decedent's one-half interest in the realty. The guardian ad litem appointed for the six infant great grandchildren recommends approval of the application, noting that the decedent's two children are also selling their one-half interest, the property is vacant and needs repairs but no other estate assets exist to pay for same, the sales price exceeds the appraised value annexed to the petition and is fair market value or better than fair market value considering the condition of the property, and the parents of the infants support the application.

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ESTATE OF ALEXANDER GROSSKOPF, Deceased — The executor, the decedent’s sister, seeks authorization to sell the decedent’s one-half interest in real property located in the Bronx. The decedent’s two children hold the other one-half interest in the property, and they are also selling their interest under the proposed contract of sale. Jurisdiction was obtained over the decedent’s two children, as well as over one adult great grandchild and six infant great grandchildren of the decedent who, collectively, are the devisees of the decedent’s one-half interest in the realty. The guardian ad litem appointed for the six infant great grandchildren recommends approval of the application, noting that the decedent’s two children are also selling their one-half interest, the property is vacant and needs repairs but no other estate assets exist to pay for same, the sales price exceeds the appraised value annexed to the petition and is fair market value or better than fair market value considering the condition of the property, and the parents of the infants support the application.

Accordingly, in the absence of any opposition and it appearing to be in the best interests of all of the devisees including the infants, the application is granted.

ESTATE OF ALEXANDER GROSSKOPF, Deceased

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