Edit Legal Rhode Island Bonds Forms For Free

When a person dies all property owned by him or her at death which does not pass directly to others through right of survivorship, or through a trust established prior to death, or life insurance payable to a named beneficiary, is subject to the legal proceeding called "probate." The only exceptions are the small ...

An applicant must file a Change of Name form with the appropriate probate court. After a hearing, the court may sign a decree granting the request for name change.

Rhode Island name change forms can be filled out by any resident wishing to change their name. This form must be completed, signed in front of a notary public, and filed with the probate court in the county where the petitioner resides. A petition is not required for name changes related to a marriage or divorce.

A Rhode Island small estate affidavit is a form that can be used to speed the distribution of assets in certain estates. Any estate that is valued at less than $15,000 is considered a small estate. This helps avoid the long and costly process of traditional probate.

In Rhode Island, executor fees are not explicitly stipulated by statute. Instead, the state allows for "reasonable" compensation, which is determined on a case-by-case basis. This ambiguity can be both a benefit and a drawback, depending on the complexity of the estate and the amount of work required by the executor.

If a person dies with less than $15,000 of personal property, probate may be shortened under the "small estate" provision. The executor of the estate will have to file the necessary forms with the probate court, but the waiting time for the closure of these estates is typically much shorter and far less costly.