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.

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.

Investment dictionary. . 2012.

Look at other dictionaries:

  • decedent — de·ce·dent /di sēd ənt/ n [Latin decedent decedens, present participle of decedere to depart, die]: a deceased person the estate of the decedent Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Decedent — De*ce dent, a. [L. decedens, p. pr. of decedere.] Removing; departing. Ash. [1913 Webster] …   The Collaborative International Dictionary of English

  • Decedent — De*ce dent, n. A deceased person. Bouvier. [1913 Webster] …   The Collaborative International Dictionary of English

  • decedent — 1730, dead person, mostly as a term in law, from L. decedentem, prp. of decedere to die, to depart (see DECEASE (Cf. decease)) …   Etymology dictionary

  • decedent — [dē sēd′ nt, disēd′ nt] n. [L decedens, prp. of decedere: see DECEASE] Law a deceased person …   English World dictionary

  • decedent — noun Etymology: Latin decedent , decedens, present participle of decedere Date: 1599 a deceased person used chiefly in law …   New Collegiate Dictionary

  • decedent — /di seed nt/, n. Law. a deceased person. [1590 1600; < L decedent (s. of decedens) departing, withdrawing, prp. of decedere. See DECEASE, ENT] * * * …   Universalium

  • decedent — noun /dɪˈsi.dənt/ A dead person. “A check of the nightstands revealed large amounts of prescription medication in the decedent’s name,” the coroner’s notes said, according to mdash; The Herald Sun, ‘Dangerous drug mix’ likely killed… …   Wiktionary

  • decedent — [dɪ si:d(ə)nt] noun US Law a deceased person. Origin C16: from L. decedent , decedere (see decease) …   English new terms dictionary

  • decedent — de•ce•dent [[t]dɪˈsid nt[/t]] n. Law. law a deceased person • Etymology: 1590–1600; < L dēcēdent , s. of dēcēdēns, prp. of dēcēdere. See decease, ent …   From formal English to slang

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