Articles Posted in Estate Planning

Rhode Island Supreme Court Denies Trust Beneficiary an Accounting of Trust Assets
Bilodeau Capalbo, LLC

Rhode Island state law allows for the formation of various trusts and similar instruments in order for a person or organization (the settlor) to place their assets under the protection or control of another (a trustee) for the benefit of some person or organization (the beneficiary). Trusts are often designed to benefit one party until…

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Rhode Island Supreme Court Reverses Termination of Joint Tenancy After Plaintiff’s Death
Bilodeau Capalbo, LLC

Common law doctrines that apply to property ownership often create strict rules for how the ownership is determined after the death of a co-tenant. One such doctrine is the right of survivorship, which automatically transfers the interest of a deceased joint tenant to the other joint tenants, instead of to the deceased’s own heirs through…

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Rhode Island Supreme Court Reject Plaintiffs’ Claim to Property in Estate Dispute
Bilodeau Capalbo, LLC

After the death of a family member, the division of the property from their estate can often result in complicated and drawn-out legal battles between parties who believe they are entitled to some of the proceeds from the estate. Although a clear and valid will helps heirs and the courts determine who deserves ownership of…

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How Strategic Medicaid Planning Can Help Rhode Island Residents Deal with the Cost of Long-Term Care
Bilodeau Capalbo, LLC

The cost of elder care in the United States, and New England in particular, could bankrupt many families in a matter of months without financial planning and the help of government assistance. If an older person is in need of long-term care services in Rhode Island, approval for Medicaid can save them and their family…

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