Rhode Island Statement of Assets, Liabilities, Income and Expenses

State:
Rhode Island
Control #:
RI-804D
Format:
Word; 
PDF; 
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Description

A Statement of Assets, Liabilities, Income and Expenses simply notifies the Court of all of this information concerning each party. This data is then used when determing the division of marital property, spousal support and child support.

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FAQ

The grounds for divorce in Rhode Island are Irreconcilable Differences, Living Separate and Apart Without Cohabitation For Three Years, Impotency, Adultery, Extreme Cruelty, Willful Desertion For Five Years (or at the discretion of the court) , Habitual Drunkenness, Habitual Drug Use, Neglect and Refusal of Support (

The State of Rhode Island offers a no-fault divorce based on irreconcilable differences. In addition, Rhode Island offers a number of fault grounds for divorce that include impotency, adultery, extreme cruelty, desertion, drunkenness, drug abuse, neglecting to provide for one's spouse, and gross misbehavior.

Most Rhode Island courts consider alimony to be a short-term source of support, and it's usually granted only until the former spouse becomes self-sufficient. However, alimony may be awarded long-term, even permanently, if the receiving spouse is disabled or otherwise unable to work.

Rhode Island is a no fault state. Is property divided 50 /50 in a divorce? Property, assets and debts are not divided 50/50 in all divorces in Rhode Island. The vast majority of divorces in Rhode Island result in an equal split of the marital assets.

Rhode Island is not a so called community property state. Rhode Island is considered an equitable distribution state. This means a judge divides the marital assets, and marital debts, in accordance with equity, or fairness.

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Rhode Island Statement of Assets, Liabilities, Income and Expenses