2006 New York Code - Reference.

 
    §  1741.  Reference.  1.  The  court  may appoint a referee to receive
  evidence and report his opinion thereon.
    2. The referee's report shall include conclusions as to: what, if any,
  form, terms and conditions  of  disposition  of  the  real  property  or
  interest  would  be  beneficial  to  the  infant,  incompetent person or
  conservatee, and the reasons therefor; whether the  infant,  incompetent
  person  or  conservatee  is in absolute need of some and what portion of
  the proceeds of  such  disposition,  for  a  purpose  specified  in  the
  petition,  in  addition  to what he might earn by his own exertions; the
  value of the property or interest to be disposed of, specifically, as to
  each separate lot or parcel, with the incumbrances, if any, thereon, and
  whether there is any person entitled to  dower  or  a  life  estate,  or
  estate for years.