In re Delavan

This is an application for approval of a loan from the estate of the incompetent in the amount of approximately $7,000, which sum is to cover approximately one half of the down payment plus closing expenses on the purchase of a house in Skaneateles, New York, as a residence for the petitioner, the wife of the incompetent, and the incompetent.

The purchase price of the house is $45,000. Petitioner proposes to contribute approximately $5,600 of her own funds *316towards the down payment. The Skaneateles Savings Bank will not approve a mortgage loan for the balance of the purchase price, $33,750,…