There are no material issues of fact as to whether petitioner acted prudently in approving the sale of the decedent's cooperative apartment in July 1997 for $775,000, all cash. Before selling the apartment, petitioner knew of an appraisal that was done by a large bank on behalf of the decedent in 1995 shortly before her death valuing the apartment at $750,000; knew of two separate affidavits filed in Surrogate's Court in prior proceedings, one by the decedent's daughter,...
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