What Are Some Other Laws Applicable to the Settlement of Rhode Island Estates?
A Rhode Island estate tax return must be filed by the estate of every Rhode Island decedent, with respect to every asset, probate and non-probate. A Rhode Island estate tax return must also be filed by the estate of any non-resident who died owning Rhode Island real estate, whether or not subject to probate. Just as with probate, there is no minimum, although a more simplified return is filed by estates totaling less than the Rhode Island estate tax exemption amount. A federal estate tax return must be filed with the Internal Revenue Service by the estate of every Rhode Island decedent whose assets, probate and non-probate, exceed the federal estate tax exemption. Federal and Rhode Island fiduciary income tax returns must be filed by Rhode Island estates and trusts for each tax year in which they remain active. Final Federal and Rhode Island personal income tax returns must also be filed in respect of every Rhode Island decedent. If a Rhode Islander dies with a Will but no probate asse
