Decedent definition

A decedent is a person who has died, usually recently. The term is typically used in relation to the estate of the deceased person. At the point of death, a decedent’s possessions become part of his or her estate. With proper estate planning via a trust agreement or will, a decedent can control how estate assets are used. During the legal process of executing a trust agreement or will, the deceased is referred to as the decedent.

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Fiduciary Accounting