Rhode Island Estate Tax Exemption Increased

Partridge Snow & Hahn LLP
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On June 30, 2009, Governor Donald Carcieri signed the Rhode Island 2010 fiscal year budget into law. Among the provisions of the budget is an increase in the Rhode Island estate tax exemption amount from $675,000 to $850,000 for estates of decedents dying on or after January 1, 2010.

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