Decedent

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Dictionary Says

Definition of 'Decedent'

A person who is no longer living. Just as a taxpayer's possessions become his or her estate upon death, so does the person become a Decedent upon death. Decedents still have the power to effect financial transactions and so forth through proper estate planning.
Investopedia Says

Investopedia explains 'Decedent'

This term is used chiefly in the tax, estate planning and law arenas. Attorneys carry out the wishes of Decedents after their death with the proper execution of their wills and other estate planning documents. A final tax return must also be filed for Decendents in the year of their death.
Search results for

'Decedent'

  • How can I reduce the taxes on my inherited retirement assets?

    http://www.investopedia.com/ask/answers/07/taxtipretire.asp
    Many beneficiaries miss out on one of the most significant tax deductions for inherited
    retirement-plan assets; the income with respect to decedent. ...

  • Estate Planning: Estate Taxation | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning9.asp
    ... property as a right to receive wealth, while the estate tax, which is imposed at
    the federal level and in some states, is imposed on the decedent's estate for ...

  • Tax-Saving Advice For IRA Holders

    http://www.investopedia.com/articles/retirement/06/TaxSavingTips.asp
    ... Income in Respect of Decedent Pretax retirement assets that are not distributed
    before the retirement account owner's death are not taxable to the deceased ...

  • Refusing An Inheritance

    http://www.investopedia.com/articles/06/RefuseInheritance.asp
    ... However, this could mean that the decedent misses out on using his or her
    exemption equivalent. Furthermore, the surviving spouse ...

  • Estate Planning: Life Insurance In Estate Planning | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning10.asp
    ... tax-free. However, there are three circumstances that cause life insurance
    to be included in the decedent's estate: The proceeds ...

  • Estate Planning: Introduction To Wills | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning3.asp
    ... Probate Probate is the process used to make an orderly distribution of
    property from a decedent to a group of beneficiaries. The ...

  • Changes In Tax Legislation And Regulation

    http://www.investopedia.com/articles/05/taxlawchange.asp
    ... (To learn more, see Disclaiming Inherited Plan Assets.). This rule appeared to create
    a quandary when the decedent had died before taking the required minimum ...

  • Estate Planning: Marital And Non-Marital Trusts | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning7.asp
    ... The property placed inside a marital trust qualifies for the marital deduction
    in the gross estate of the decedent. So even though ...

  • Series 6 Study Guide - Customer Accounts - Death or Incompetence ...

    http://www.investopedia.com/exam-guide/finra-series-6/customer-accounts/death-incompetence-account-owner.asp
    ... A new account is typically set up and titled "The Estate of [Decedent's
    Full Name]". If securities were registered in the name of ...

  • Estate Planning Law Changes You Need To Know - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/Estate-Planning-Law-Changes-You-Need-To-Know.aspx
    ... The tax is based on the sum of the fair market values of the decedent's assets on
    the date of death, less any estate tax credits and allowable deductions. ...

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