DEFINITION of 'Deceased Alert'

A notification on a person's credit report that alerts credit agencies that the person is deceased and should not be issued credit in the future. Upon a person's death, a family member or friend must request the credit reporting agencies to send out the deceased alert. The purpose of the deceased alert is to prevent identity thieves from stealing and abusing the name of the deceased person.

BREAKING DOWN 'Deceased Alert'

While it is unfortunate that such measures need to be taken after a person has passed away, doing so will reduce the risk of identity thieves preying upon the personal records of the deceased party. And identity thieves can cause serious financial damage, for which the estate of the deceased may have to pay to remedy.

  1. Taxable Estate

    The total value of a deceased person's assets that are subject ...
  2. Form 1310: Statement Of Person ...

    A tax form distributed by the Internal Revenue Service (IRS) ...
  3. Inheritance

    All or part of a person's estate/assets that is given to an heir ...
  4. Adjusted Gross Estate

    The net worth of the deceased's estate after deducting the cost ...
  5. Intestate

    The act of dying without a legal will. Determining the distribution ...
  6. Death Taxes

    Taxes imposed by the federal and/or state government on someone's ...
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