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https://en.wikipedia.org/wiki/Bankruptcy
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https://en.wikipedia.org/wiki/Trust_law
It is advisable for settlors and trustees to seek legal advice before entering into, or creating, a trust agreement and trustees must take care in acting or omitting to act to avoid unlawful mistakes
https://en.wikipedia.org/wiki/Power_of_attorney
[5] If a person without a durable power in place does not have the capacity to execute a power of attorney, the only way for another party to act on their behalf may be to have a court impose a conservatorship or a guardianship
https://en.wikipedia.org/wiki/Estate_planning
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https://en.wikipedia.org/wiki/Probate
After the testator dies, the person named in the will as executor can decline or renounce the position, and if so should quickly notify the probate court accordingly