In Re Estate of Dobson

OPINION OF THE COURT

ROBERTS, Justice.

This appeal presents the question whether appellee, the executor of decedent’s estate, properly disposed of decedent’s one-fourth interest in a Subchapter S corporation. The executor sold decedent’s stock back to the corporation’s board of directors, who purchased the shares on behalf of the corporation. Appellants, beneficiaries under decedent’s will, contend that the sale price is below market value of the shares. Unlike the orphans’ court, we agree with appellants that the executor improperly computed the value of decedent’s shares. Accordingly, we…