due to fraud or undue influence, cause of action for rescission may be brought by personal representative of decedent’s estate). Similarly, when a change of beneficiary form for an annuity is procured through the exercise of undue influence, and there is no other valid beneficiary, the court awards the proceeds to the estate of the decedent. Allstate Life Ins. Co. v. Estate of Reed, 619 F.Supp.2d 262, 273 (S.D.Miss.2007). The all-encompassing nature of the interest of an estate in curing a wrong committed against the testator is illustrated by a decision from this Court, which held that an estate “benefits” from “an action to recover that property ... as a means of carrying out the [decedent’s] testamentary intent.” See Henry v. Sheffield, 856 F.Supp.2d 345, 350-51 (D.R.I.2012) (<HOLDING>). Under Rhode Island decisions, when a
holding that shareholders lack standing to sue as thirdparty beneficiaries to allegedly breached contract unless the contract indicates the intent to benefit them directly independently of their shareholder status holding that a claimed expense must directly and substantially benefit the bankruptcy estate holding that it is improper for a trustee to liquidate claims that benefit only select creditors with the only benefit to the estate being the recoupment of administrative costs holding that claim that trust should have been distributed directly to plaintiffs was for the benefit of the estate because it allegedly was to implement testators intent holding that a charitable gift which could not be distributed because of the legatees unwillingness to carry out the testators charitable intent could inspire an application of the doctrine of cy pres so that the court could order the bequest paid to a different institution and thus effectuate the testators charitable intent