Rhode Island H8120 allows personal representatives to discharge estate tax liens by filing a statement with the municipality.
Rhode Island H8120 amends estate tax laws to allow personal representatives of a decedent’s estate to discharge the estate tax lien by recording a statement with the decedent’s municipality. The statement must declare that the value of the decedent’s gross estate does not require a state or federal estate tax filing. This provision applies to decedents with a date of death on or after January 1, 2027. Upon recording the statement, the estate tax lien is discharged.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.