Rhode Island Sample Letter for Closing of Estate with Breakdown of Assets and Expenses

• Category: Letters - Legal - Estates
• State: Multi-State
• Control #: US-0685LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Probate Court] [Address] [City, State, ZIP] RE: Estate of [Deceased's Full Legal Name], Deceased Estate Docket No: [Enter Docket Number] Dear [Probate Court Clerk or Judge's Name], Subject: Final Accounting and Petition for Closing of Estate I am writing to submit the Final Accounting and Petition for Closing of the Estate of [Deceased's Full Legal Name], along with a detailed breakdown of assets and expenses incurred during the administration of the estate. As the appointed Personal Representative/Executor/Executrix (hereinafter referred to as "Personal Representative"), I have diligently carried out my fiduciary duties and responsibilities as mandated by the probate laws of Rhode Island. I have made every effort to adhere to the guidelines set forth by the Rhode Island General Laws, the Probate Court Rules, and any court orders issued during the administration of the estate. The purpose of this letter is to provide a transparent overview of the assets held by the deceased at the time of their passing, as well as an itemized report of all the expenses paid during the probate process. The breakdown is as follows: 1. Assets: — Real Property— - Description (Address, Parcel Number, etc.): [Provide details] — Appraised Value: [Enter appraised value] — Bank Accounts— - Name of Bank: [Provide bank name] — Account Number: [Enter account number] — Balance: [Enter current balance— - Investments: — Type of Investment: [Specify— - Account Number: [Enter account number] — Value: [Enter current value— - Personal Property: — Description of Items: [List specific items] — Estimated Value: [Enter estimated value] 2. Liabilities and Expenses: — Funeral and Burial Expenses: [Provide total expenditure] — Outstanding Debts— - Creditor Name: [Specify] — Amount Owed: [Enter amount owed— - Legal Fees: [Enter total legal fees] — Administrative Expenses: [Specify any other expenses incurred, if applicable] I have attached all supporting documentation, including bank statements, appraisals, invoices, and receipts to validate the aforementioned breakdown of assets and expenses. Based on my careful analysis of the estate's financial situation, all outstanding debts, taxes, and expenses have been duly paid, and a surplus of assets remains. Therefore, I earnestly request the honorable Probate Court to review the attached Final Accounting and grant an order for the closing of the estate and distribution of assets according to the instructions outlined in the Last Will and Testament, or alternatively, in accordance with Rhode Island laws of intestate succession. I hereby affirm that, to the best of my knowledge, the information provided in this letter and attached documentation is true, accurate, and complete. Thank you for your attention to this matter. If any further information or documents are required, please do not hesitate to contact me. I am at your disposal and ready to provide any necessary assistance. Sincerely, [Your Name] [Executor/Executrix/Personal Representative] [Relationship to the Deceased, if applicable]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Probate Court] [Address] [City, State, ZIP] RE: Estate of [Deceased's Full Legal Name], Deceased Estate Docket No: [Enter Docket Number] Dear [Probate Court Clerk or Judge's Name], Subject: Final Accounting and Petition for Closing of Estate I am writing to submit the Final Accounting and Petition for Closing of the Estate of [Deceased's Full Legal Name], along with a detailed breakdown of assets and expenses incurred during the administration of the estate. As the appointed Personal Representative/Executor/Executrix (hereinafter referred to as "Personal Representative"), I have diligently carried out my fiduciary duties and responsibilities as mandated by the probate laws of Rhode Island. I have made every effort to adhere to the guidelines set forth by the Rhode Island General Laws, the Probate Court Rules, and any court orders issued during the administration of the estate. The purpose of this letter is to provide a transparent overview of the assets held by the deceased at the time of their passing, as well as an itemized report of all the expenses paid during the probate process. The breakdown is as follows: 1. Assets: — Real Property— - Description (Address, Parcel Number, etc.): [Provide details] — Appraised Value: [Enter appraised value] — Bank Accounts— - Name of Bank: [Provide bank name] — Account Number: [Enter account number] — Balance: [Enter current balance— - Investments: — Type of Investment: [Specify— - Account Number: [Enter account number] — Value: [Enter current value— - Personal Property: — Description of Items: [List specific items] — Estimated Value: [Enter estimated value] 2. Liabilities and Expenses: — Funeral and Burial Expenses: [Provide total expenditure] — Outstanding Debts— - Creditor Name: [Specify] — Amount Owed: [Enter amount owed— - Legal Fees: [Enter total legal fees] — Administrative Expenses: [Specify any other expenses incurred, if applicable] I have attached all supporting documentation, including bank statements, appraisals, invoices, and receipts to validate the aforementioned breakdown of assets and expenses. Based on my careful analysis of the estate's financial situation, all outstanding debts, taxes, and expenses have been duly paid, and a surplus of assets remains. Therefore, I earnestly request the honorable Probate Court to review the attached Final Accounting and grant an order for the closing of the estate and distribution of assets according to the instructions outlined in the Last Will and Testament, or alternatively, in accordance with Rhode Island laws of intestate succession. I hereby affirm that, to the best of my knowledge, the information provided in this letter and attached documentation is true, accurate, and complete. Thank you for your attention to this matter. If any further information or documents are required, please do not hesitate to contact me. I am at your disposal and ready to provide any necessary assistance. Sincerely, [Your Name] [Executor/Executrix/Personal Representative] [Relationship to the Deceased, if applicable]