What is Probate?
When a person dies in the state of Rhode Island, his or her estate often goes through a court-managed process called probate or estate administration where the assets of the decedent are managed and distributed. The state of Rhode Island has a probate court located in each of its 39 cities and towns.
What is involved in the Probate Process in the state of Rhode Island?
Can I avoid the Probate Process through sound estate planning techniques?
In the state of Rhode Island, probate can often be avoided through sound estate planning techniques such as ownership of certain property as joint tenants; gifting techniques; and through the use of a well-drafted and properly funded Living Trust. However, even though the court-managed probate process may be avoided the successor trustee needs to administer the distribution of the deceased.
Article Source: http://EzineArticles.com/?expert=Richard_Palumbo